HK e-commerce shipping startup Buyandship bags $10m to fuel SE Asia expansion
Buyandship is looking to raise a total of $15m in the Series B round.
Tencent-backed car services platform Tuhu wins approval for Hong Kong IPO
Tuhu's latest listing attempt comes after it booked $29.4m in adjusted net profits in H1 2023 after years of losses.
Chinese steel giant Baowu-backed industrial product platform Ouyeel raises $138m
Hidden Hill Capital, a PE firm backed by GLP Capital Partners, participated in the strategic investment.
Vietnamese e-commerce firm Tiki appoints new CEO, replacing founder
DealStreetAsia had reported earlier that Tran Ngoc Thai Son has submitted his resignation from the post of CEO.
TikTok is shaking up the online shopping landscape in SE Asia
Buyers and sellers flock to the app while authorities fret.
ID Digest: No cheap imported goods on marketplaces; DE-CIX launches local ops
Indonesia has revised the legal guidelines for e-commerce.
Tencent’s short video e-commerce platform Channels suffers from lack of content
The lack of user engagement means Channels is a secondary choice for merchants focused on livestreaming.
Brazilian postal service inks deal with Shopee to boost exports to Asia
The deal aims to help SMEs export to Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Vietnam, and Thailand.
GLP Capital Partners closes China Income Fund VIII at nearly $360m
The capital was raised from a group of five domestic insurance companies.
VCs remain upbeat on Indonesian B2B commerce players
The country's fragmented supply market to aid B2B commerce.