Tech In Asia
Days after announcing it was shutting down, Rocket Internet’s Foodpanda Vietnam has been bought by local rival Vietnammm.
Indonesia’s fashion eCommerce site Paraplou has shut down. The firm has posted a farewell message on its homepage, citing reasons of market immaturity, uncertain financial conditions, and a difficult funding environment as the primary reasons for its closure. Paraplou was headed by Bede Moore and Susie Sugden, two former Rocket Internet managing directors who worked at Lazada Indonesia in 2011 and 2012 before starting Paraplou Group, an eCommerce services provider for premium fashion…
HappyFresh, the grocery delivery start-up, has launched in Bangkok.
Fast-expanding German startup Rocket Internet is promising its new joint venture spinoff will launch one new company per quarter in Asia.
HonestBee – a new online grocery concept in Singapore is promising a battle in the grocery shopping sector.
Fake beauty products are now so prevalent in China, that most online shoppers have almost certainly unwittingly bought them by now.
Japanese internet giant expands China presence.
Tokyo-based shopping app Origami today announced a JPY 1.6 billion (US$13.3 million) series B funding round led by SoftBank Group, Credit Saison, and angel investor Makoto Takano. In addition to the new investment, the eCommerce startup has also partnered with SoftBank Group and Credit Saison to boost its online-to-offline (O2O) focused mobile shopping experience. Origami unveiled its mobile app in April 2013. It allows users to follow their favorite retailers, receive updates on new relea…
Japanese eCommerce giant Rakuten will start to accept bitcoin, initially in the US.
Trikomsel, one of Indonesia’s largest mobile device retailers, and SingPost, one of Asia’s biggest logistics providers for eCommerce, have announced a partnership.
A Tokyo subscription service offers time-poor Japanese women hand-picked fashion items, delivered free for a monthly fee. Women may love shopping, but for time-starved professional females and housebound new mothers adapting to round-the-clock parenting, finding time to discover new fashion can become a hassle. Enter AirCloset, a new service by Tokyo-based startup Neuer-Sieg. For JPY 6800 (US$57) a month, women can receive a box containing three trendy garments, hand selected by a professi…
PawnHero – Southeast Asia’s first online pawn shop – seeks to solve the problem of expensive credit for ‘base-of-the-pyramid consumers’ in emerging markets.