Transcosmos Archives - Inside Retail Asia

Singapore software supplier Anchanto attracts investors

Luxasia Group and Transcosmos Japan (TCI) have invested in Singapore e-commerce software supplier Anchanto.

Competition squeezes out Ookbee Mall

Ookbee Mall Thailand is closing its eCommerce business Ookbeemall.com, citing heavy competition.

Fresh funds for Singaporean online retailer

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…