E-commerce
E-commerce platform Lazada launched its pilot service which enables over 100 Lazada sellers in Malaysia will begin marketing their products to buyers in Singapore.
Startup
Ho Chi Minh City-based ecommerce consultancy and B2B service provider Intrepid has raised a $2 million seed funding round from several Swedish family offices, according to TechinAsia.
Mobile
Adults in China is set to spend 2 hours and 39 minutes per day on a mobile device this year, up 11.1 percent on 2017, according to a new report from eMarketer.
E-commerce
Lazada has partnered with Philippine fintech company First Digital Finance to launch a cardless instalment payment option to the e-commerce platform.
Singapore
Park N Parcel, a Singapore-based last-mile logistics startup, announced that it has raised a S$850,000 (US$648,000) seed funding round from TRi5 Ventures and a group of undisclosed angel investors.
E-commerce
Chinese e-commerce giant Alibaba will inject $350 million (11 billion baht) into the first stage of the Eastern Economic Corridor (EEC), according to the Industry Ministry of Thailand.
Startup
Southeast Asian peer-to-peer (P2P) lending platform Funding Societies announced that it has raised a US$25 million Series B funding round led by Softbank Ventures Korea.
Singapore
Singapore-based software-as-a-service (SaaS) startup Dexecure today announced it has raised a S$1 million ($762,000) seed funding round from Cocoon Capital and Walden International.
Philippines
Ride-hailing firm Uber has started to shut down its operations in the Philippines as part of its stake sale in local rival Grab.
SEA
New York-based matchmaking service East Meet East announced that it has raised a $4 million Series A funding round from 500 Startups and a number of other investors.
