NewsIndonesia convenience store Alfamart seeks ‘new economy’ growthPlans include tech investment, digital bank tie-up, coworking spaces, and coffee. 4 mins read
Dingdong is likely in the process of arranging pre-listing equity allocation, says one industry investor. NewsKEY STAT | Grocery app Dingdong Maicai completes mega funding round ahead of rumored IPO1 min read
Technology-enabled grocery service and B2B agricultural provider Sayurbox has partnered with over 10,000 farmers in Indonesia. InsightsSayurbox is developing a sustainable agricultural supply chain in Indonesia | Startup Stories5 mins read
Flipkart competes with deep-pocketed conglomerates such as Amazon and Reliance Jio in India’s soon-to-be USD 111 billion e-commerce market. NewsIPO-bound Flipkart to raise USD 1 billion to fuel expansion4 mins read
The Saudi startup also plans to integrate third-party financial services on its platform, a move that will create more value for its clients. NewsSaudi’s Sary raises USD 30.5 million in Series B for B2B e-commerce marketplace3 mins read
TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement. InsightsHere’s what to expect when you shop on TikTok’s new e-commerce portal6 mins read
Investor CICC Capital expects Supermonkey to take a dominant role in China’s fragmented fitness sector. NewsSupermonkey bulks up in China with new funding, nearly becomes unicorn1 min read
With most countries still banning large gatherings, Muslims are heading online to search for new clothes ahead of Eid al-Fitr. NewsSoutheast Asian Muslims are shopping earlier during Ramadan, report says2 mins read
Una Brands said it will use the funds to acquire companies that generate between USD 300,000 and USD 20 million in annual revenue. NewsSingapore’s Una Brands raises USD 40 million in one of the region’s largest seed rounds1 min read
NewsDeals in brief: Augmentus raises Series A+ funding, Coda to acquire Recharge, Origgin Capital debuts second fund, and more