Ecommerce & New Retail

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5 Shocking Tech Startup Scandals of 2020

Leave a Comment / Ecosystems, Features /

Controversy has a new favorite child with these five tech startup scandals. Scandal in Silicon Valley came into full view of the world with John Carreyrou’s Bad Blood: Secrets and Lies in a Silicon Valley Startup. The book documents how leadership at biotech startup Theranos raised money, built a company, and signed major partnerships for […]

5 Shocking Tech Startup Scandals of 2020 Read More »

Controversy has a new favorite child with these five tech startup scandals. Scandal in Silicon Valley came into full view of the world with John Carreyrou’s Bad Blood: Secrets and Lies in a Silicon Valley Startup. The book documents how leadership at biotech startup Theranos raised money, built a company, and signed major partnerships for

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How-This-Travel-Fintech-Company-Went-from-Pandemic-to-Pivot

How This Travel Fintech Company Went from Pandemic to Pivot

Leave a Comment / E-commerce / New Retail, Ecommerce, Entrepreneur Basics, Features, Fintech, Industries, Startup Toolkit /

YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

How This Travel Fintech Company Went from Pandemic to Pivot Read More »

YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

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The Rise of Voice Tech: A Blessing or A Threat?

Leave a Comment / Deep Tech, Features, Industries, Latest - Home /

How voice tech has advanced, and its impacts on business and humanity. When Siri was launched in 2012, the world was thrilled and disappointed. The fact that a virtual creation – little more than a soothing voice on a smartphone speaker – was capable of taking and acting on verbal commands, felt like a sci-fi

The Rise of Voice Tech: A Blessing or A Threat? Read More »

How voice tech has advanced, and its impacts on business and humanity. When Siri was launched in 2012, the world was thrilled and disappointed. The fact that a virtual creation – little more than a soothing voice on a smartphone speaker – was capable of taking and acting on verbal commands, felt like a sci-fi

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Indian Cashback Site CashKaro Raises US$10M Series B

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CashKaro recently launched a social cashback app called EarnKaro   India-based cashback and coupons site CashKaro has roped in US$10 million in Series B funding, the company announced in a statement yesterday.   The Series B funding was led by Korea Investment Partners and the company’s existing backer Kalaari Capital, the statement noted.   The

Indian Cashback Site CashKaro Raises US$10M Series B Read More »

CashKaro recently launched a social cashback app called EarnKaro   India-based cashback and coupons site CashKaro has roped in US$10 million in Series B funding, the company announced in a statement yesterday.   The Series B funding was led by Korea Investment Partners and the company’s existing backer Kalaari Capital, the statement noted.   The

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Online Classifieds Marketplace Carousell Secures US$80M From Naver

Leave a Comment / Latest, Uncategorized /

With the latest investment, Carousell’s post-money valuation stands at over US$900 million Singapore-based online classifieds marketplace Carousell has secured US$80 million in a fresh round of financing led by South Korean Internet giant Naver, with participation from Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities, the startup announced in a press release yesterday.

Online Classifieds Marketplace Carousell Secures US$80M From Naver Read More »

With the latest investment, Carousell’s post-money valuation stands at over US$900 million Singapore-based online classifieds marketplace Carousell has secured US$80 million in a fresh round of financing led by South Korean Internet giant Naver, with participation from Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities, the startup announced in a press release yesterday.

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Chatbots: Friends, Companions, And Assistants Of The Future

Leave a Comment / Deep Tech, Features, Industries /

Chatbots are creating new paradigms for the way consumers access information and interact with businesses As consumers demand service round the clock, businesses have increasingly been deploying chatbots to offer customer service, medical and emotional assistance, virtual assistance, and entertainment. The global chatbot market was valued at $2.6 billion in 2019, and is expected to

Chatbots: Friends, Companions, And Assistants Of The Future Read More »

Chatbots are creating new paradigms for the way consumers access information and interact with businesses As consumers demand service round the clock, businesses have increasingly been deploying chatbots to offer customer service, medical and emotional assistance, virtual assistance, and entertainment. The global chatbot market was valued at $2.6 billion in 2019, and is expected to

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Indonesia Ecommerce Enabler SIRCLO Closes US$6M Series B

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The company is strategically positioned for growth, SIRCLO’s founder notes Indonesian ecommerce solutions company SIRCLO has closed a Series B round of funding at US$6 million, the company officially announced late last week. Investors in the Series B round include venture capital firms based in Jakarta, East Ventures and Skystar Capital, Indonesian bank OCBC NISP’s

Indonesia Ecommerce Enabler SIRCLO Closes US$6M Series B Read More »

The company is strategically positioned for growth, SIRCLO’s founder notes Indonesian ecommerce solutions company SIRCLO has closed a Series B round of funding at US$6 million, the company officially announced late last week. Investors in the Series B round include venture capital firms based in Jakarta, East Ventures and Skystar Capital, Indonesian bank OCBC NISP’s

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All-Time Must-Haves for Ecommerce

Leave a Comment / Ecommerce, Startup Toolkit /

By Kobe Lai With the popularity of ecommerce soaring through the roof, what do you need to get your online business up and running? The beautiful thing about starting an ecommerce business is versatility. Whether as a full-time commitment selling products you’ve personally designed and manufactured, or as a side gig to bring in extra

All-Time Must-Haves for Ecommerce Read More »

By Kobe Lai With the popularity of ecommerce soaring through the roof, what do you need to get your online business up and running? The beautiful thing about starting an ecommerce business is versatility. Whether as a full-time commitment selling products you’ve personally designed and manufactured, or as a side gig to bring in extra

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Redefining Retail: What Does 5G Mean for Chinese Merchants?

Leave a Comment / Features, Industries, Opinions, Others /

By Roc Harry   Digital transformation and the store of the future are only achievable with the support of advanced data networks. 5G, with its impending rollout, will become a game-changer in supporting the next generation of retail services and in-store innovations. Faster and more reliable than anything that has come before, 5G networks will

Redefining Retail: What Does 5G Mean for Chinese Merchants? Read More »

By Roc Harry   Digital transformation and the store of the future are only achievable with the support of advanced data networks. 5G, with its impending rollout, will become a game-changer in supporting the next generation of retail services and in-store innovations. Faster and more reliable than anything that has come before, 5G networks will

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Social Commerce Startup Bulbul Raises US$8.7M Led By Info Edge

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1-year-old Bulbul had a turnover of a little over US$600,000 as of March 31, 2020 In a filing to the National Stock Exchange of India Limited yesterday, Info Edge (India) Ltd. declared that IE Venture Fund I, Info Edge’s investment arm that focuses on tech startups, has entered into an agreement to invest US$6.33 million

Social Commerce Startup Bulbul Raises US$8.7M Led By Info Edge Read More »

1-year-old Bulbul had a turnover of a little over US$600,000 as of March 31, 2020 In a filing to the National Stock Exchange of India Limited yesterday, Info Edge (India) Ltd. declared that IE Venture Fund I, Info Edge’s investment arm that focuses on tech startups, has entered into an agreement to invest US$6.33 million

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Strong Opposition Against Flipkart’s Acquisition Of Walmart India

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Flipkart is currently being investigated by CCI for alleged unfair business practices and misuse of dominant market position Indian ecommerce giant Flipkart Group announced in a statement on July 23 the launch of Flipkart Wholesale, a new digital marketplace that promises to transform India’s retail ecosystem of mom-and-pop stores, referred to as kirana stores, facilitated

Strong Opposition Against Flipkart’s Acquisition Of Walmart India Read More »

Flipkart is currently being investigated by CCI for alleged unfair business practices and misuse of dominant market position Indian ecommerce giant Flipkart Group announced in a statement on July 23 the launch of Flipkart Wholesale, a new digital marketplace that promises to transform India’s retail ecosystem of mom-and-pop stores, referred to as kirana stores, facilitated

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Chinese Online Grocery Unicorn MissFresh Raises US$495M Series F

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The funding brings Ecommerce startup MissFresh’s total funding to US$1.9 billion to date China-based grocery Ecommerce platform Beijing Missfresh ECommerce Co. (MissFresh) has raised funds worth US$495 million in its Series F round from a consortium of investors, according to a statement released on July 23. MissFresh had a reported $3 billion pre-money evaluation prior

Chinese Online Grocery Unicorn MissFresh Raises US$495M Series F Read More »

The funding brings Ecommerce startup MissFresh’s total funding to US$1.9 billion to date China-based grocery Ecommerce platform Beijing Missfresh ECommerce Co. (MissFresh) has raised funds worth US$495 million in its Series F round from a consortium of investors, according to a statement released on July 23. MissFresh had a reported $3 billion pre-money evaluation prior

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About Time: The Rise of Affordable Watches

Leave a Comment / E-commerce / New Retail, Features, Industries /

By Alvin Mak The luxury watch industry is showing signs of weakness once again.  Swiss timepieces have been the pinnacle of watch engineering for much of the history of the wristwatch. They have long been defined by their elegant and luxurious aesthetics.  These watchmakers pioneer engineering techniques while at the same time upholding their long

About Time: The Rise of Affordable Watches Read More »

By Alvin Mak The luxury watch industry is showing signs of weakness once again.  Swiss timepieces have been the pinnacle of watch engineering for much of the history of the wristwatch. They have long been defined by their elegant and luxurious aesthetics.  These watchmakers pioneer engineering techniques while at the same time upholding their long

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Singapore Influencer Marketing Company Partipost Pockets US$3.5M Series A Tranche

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In addition to onboarding 1 million new influencers, Partipost is also expanding across Southeast Asia Singapore-based influencer marketing startup Partipost has closed in on an investment of US $3.5 million as an extension of its Series A, the company announced in a statement released today. Partipost confirmed to Jumpstart that the funding is a follow-on

Singapore Influencer Marketing Company Partipost Pockets US$3.5M Series A Tranche Read More »

In addition to onboarding 1 million new influencers, Partipost is also expanding across Southeast Asia Singapore-based influencer marketing startup Partipost has closed in on an investment of US $3.5 million as an extension of its Series A, the company announced in a statement released today. Partipost confirmed to Jumpstart that the funding is a follow-on

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Ecommerce in Thailand: 4 Key Players

Leave a Comment / Ecosystems, Features /

By Alvin Mak Here’s how these ecommerce companies are shifting Thailand’s online shopping ecosystem. With a population of almost 70 million people, Thailand’s retail industry is undoubtedly key to much of its population’s shopping needs.  However, with the continued popularity of online shopping and companies such as Amazon, Thailand is looking to further tap into

Ecommerce in Thailand: 4 Key Players Read More »

By Alvin Mak Here’s how these ecommerce companies are shifting Thailand’s online shopping ecosystem. With a population of almost 70 million people, Thailand’s retail industry is undoubtedly key to much of its population’s shopping needs.  However, with the continued popularity of online shopping and companies such as Amazon, Thailand is looking to further tap into

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Singapore’s Marketing SaaS Startup Insider Raises US$32M Series C

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Insider will use the fresh funds to enter the U.S. market, expand its R&D team, and enhance its platform’s capabilities Singapore marketing SaaS startup Insider announced in a press release today that it has bagged US$32 million in a Series C funding round led by Riverwood Capital, with participation from Sequoia, Wamda, and Endeavor Catalyst. The startup had

Singapore’s Marketing SaaS Startup Insider Raises US$32M Series C Read More »

Insider will use the fresh funds to enter the U.S. market, expand its R&D team, and enhance its platform’s capabilities Singapore marketing SaaS startup Insider announced in a press release today that it has bagged US$32 million in a Series C funding round led by Riverwood Capital, with participation from Sequoia, Wamda, and Endeavor Catalyst. The startup had

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