Transcosmos Archives - Inside Retail Asia
Luxasia Group and Transcosmos Japan (TCI) have invested in Singapore e-commerce software supplier Anchanto.
Ookbee Mall Thailand is closing its eCommerce business Ookbeemall.com, citing heavy competition.
Singapore-based online store Luxola has raised a $10 million investment from Japanese company Transcosmos. Luxola, founded in 2011, offers cosmetic products and ships to eight countries including Singapore, Indonesia, Malaysia, Thailand, Philippines, UAE, Brunei and Hong Kong. The company said with the new capital, it will enhance services through initiatives such as improved user marketing, customer care and mobile experience in each country, as well as new construction and expansion of d…