Ensogo

Ensogo raises another US$30mil by issuing 183mil new shares
ASX-listed e-commerce company Ensogo Ltd has managed to raise another A$38 million (US$29.7 million) from institutional investors, by issuing 183 million new shares.
Ensogo raises additional US$7.6mil from HK-based Ward Ferry
ASX-listed Ensogo Ltd said it has entered into an agreement with WF Asian Reconnaissance Fund Limited (Ward Ferry, a fund managed by Ward Ferry Management) for the placement of 58,823,530 new Ensogo shares to Ward Ferry at a price of 17 Australian cents (US 13 cents) per share.
China’s Vipshop takes 12.2% stake in Ensogo
E-commerce company Ensogo Ltd, formerly iBuy, said it has secured a strategic investment from China’s online discount retailer Vipshop Holdings Ltd. Vipshop will take a 12.2% stake in Ensogo by being issued with primary shares.
Gabey: My Fave 5 of 2014
Two completely different stories to geek out on Two that appealed to the newshound, and one with an icon
2014 in Review: A look at ‘Digerati50’ stocks
While the overall stock market picture in 2014 seemed gloomy, some companies managed to dodge the larger trend, in particular those tech companies owned by entrepreneurs who made into Digital News Asia’s inaugural Digerati50 list, writes Goh Thean Eu.
Ensogo lays off staff across the region
Ensogo, formerly known as iBuy, has moved to downsize its operations across the region with significant numbers of staff being laid off in multiple markets.
Week in Review: ‘Tis not the season to be jolly
Economic reality bites Internet companies, and the final DNA-TeAM Disrupt of 2014 advises entrepreneurs to raise their next round – fast.
Ensogo rolls out inhouse-developed BPM solution across its ops
Ensogo Ltd, formerly iBuy Group Ltd, said it has deployed a fully integrated business process management solution to drive operational efficiencies across its business.
iBuy under pressure, board orders US$216K monthly opex cut
Despite being ordered by the board to cut A$250,000 a month in opex and witnessing its share price take a dive over the last three months, the soon-to-be rebranded iBuy Group is in the best financial shape ever, claims its new CEO Krzysztof Marszalek.
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