NewsPakistani grocery delivery startup GrocerApp raises USD 1 million seed led by Dubai’s JabbarDuring the pandemic, the startup has seen multi-fold growth. 4 mins read
The firm just received USD 20 million investment in a Series A+ round led by Source Code Capital. NewsXYZ Robotics wants to free humans from menial labor inside warehouses: Inside China’s Startups4 mins read
This move allows smaller companies and livestreamers to capitalize on the rapidly growing livestreaming e-commerce sector in China. NewsAlibaba opens its livestreaming technologies to other companies1 min read
The move is Meituan’s second foray into China’s RMB 5 trillion (USD 733 billion) fresh food retailing industry. NewsMeituan plans grocery retail business expansion to cover 1,000 cities and towns in China2 mins read
The food service market in Thailand is worth over USD 7.7 billion in annual purchases across more than 200,000 restaurants, according to Freshket. NewsThai agritech Freshket raises USD 3 million from Openspace Ventures2 mins read
Boosted by the COVID-19 outbreak, livestreaming e-commerce in China is in its heyday. NewsKEY STAT | Alibaba sets new livestreaming sales goal for 20201 min read
Livspace projects to grow into a USD 500 million business within the next 2-3 years. NewsHome renovation platform Livspace raises USD 90 million to expand in Southeast Asia, Australia1 min read
With high mobile phone and internet penetration, the e-commerce sector is set to grow with the entry of international players like Alibaba-backed Daraz Group. NewsMyanmar’s UMG Idealab invests in local startup Zay Chin & Indonesian startup Moodco2 mins read
The startup’s case is a cautionary tale for anyone who equates large investment rounds with success. NewsDubai’s Awok shuts down a year after raising USD 30 million Series A round3 mins read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more
