News

Pomelo Acquires Fashion E-Commerce Platform Looksi Despite Retail Slowdown

Source: Thailand Medical News Jan 21, 2020

Previously known as Zalora Thailand, Looksi will have its platform and social media presence being merged into Pomelo ecosystem having been acquired from Central Group. The Thailand-headquartered digital fashion brand Pomelo announced the completion of an acquisition of fashion e-commerce platform Looksi, according to a press statement. The value of the deal was not disclosed. &...

The New Startups That Thailand's 500 Tuktuks Has Funded From Its Second Fund

Source: Thailand Startup News Jan 04, 2020

Thailand’s unit of early-stage VC fund 500 Startups, 500 TukTuks announced the new startups it has invested from its second fund.The names also include Volt14, which aims to reduce the cost of production and increase the capacity of Li-ion battery cells without changing any existing manufacturing process The second batch of investment follows the first batch of six it had annou...

Vietnamese E Commerce App Startup, Telio Raises US$25Million In Series A Round

Source: Thailand Startup News Dec 19, 2019

Vietnam-based B2B e-commerce platform Telio has raised a US$25 million Series A round led by Tiger Global. Joining the round are Sequoia India, GGV Capital, and RTP Global. Telio connects small retailers with brands and wholesalers on a centralised platform Bui SyPhong (Left) Even with its large retail landscape, Vietnam is still dominated by traditional, fragmente...

Confidence Levels Of Startups Dropping Drastically According To GSB Survey

Source: Thailand Startup News Dec 12, 2019

Thai startup entrepreneurs' confidence has continued to fall, dipping to 51.85 for the third quarter because of lack of funding sources, the faltering economy, cautious consumer spending and intensified competition from international players, according to a Government Savings Bank (GSB) survey. Even expectations for the next three months remained low despite the high season for touris...

Malaysian Travel Startup Secures Us$ 0.4 Million From China Accelerator In PreSeed Round

Source : Thailand Startup News Dec 07, 2019

Malaysian travel startup, Tourplus, a company that provides personalized itineraries linking travelers to local guides, announced last week that it had raised a US$400,000 pre-seed round from a leading China based accelerator, SOSV Chinaaccelerator and a Chinese angel investor in the travel space with plans to expand his business into Malaysia. Tourplus team The pre-seed funding was actually ra...

FROM LISTED STARTUPS

LATEST ON STARTUP TIPS