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Social Commerce

Thai startup Beam raises US$2.5 mil seed funding
Beam raises US$2.5 million in seed funding led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up programme and Partech Partners.
L’Oréal Malaysia to double down on social commerce in 2022 to help 250 salons affected by pandemic
Tapping on Southeast Asia’s e-commerce potential, which recorded a total market of US$109 billion in 2020, L’Oréal and AVANA introduced social commerce to L’Oréal Malaysia’s salon partners.
RateS rides coattails of Indonesia’s social commerce growth
Singaporeans, Jake Goh, Lim Jing Rong recognised market potential in 2019 Positioned as option for those at risk of poverty, comes with supportive ecosystem
Indonesia's KitaBeli receives US$10mil Series A funding
The Indonesia-based social commerce platform aims connects suppliers and farmers to millions of consumers in Tier 2-4 cities
Digital commerce players join Visa to support Malaysian businesses
The four digital commerce enablers join Visa’s “Where You Shop Matters” campaign in helping local businesses digitalise
Lifestyle social commerce platform Poptron secures US$1mil seed funding
The Malaysia-based platform will use the seed funding to further develop the platform and expand its team.
Digerati50: BizApp - Malaysia’s hidden gem
Rural social commerce platform acts as IT dept for users Choose Commerce.Asia as investor due to alignment in vision
Social Commerce Platform WeBuy raises US$6 mil Series A for SEA Expansion
US$9mil raised since launch in Aug 2019 to power its group buying model Increase hiring across its 3 markets, improve its data-driven platform, expand footprint
Australians Darren Cooper, Robert Sultan appointed to Netccentric Ltd Board
Appointments represent emphasis on investor relations and corporate governance Ganesh Kumar Bangah drives Netccentric business model into platform-centric one
Commerce.Asia invests in 'Malaysia's hidden gem' BizApp rural social commerce platform
With social media quickly becoming a shopping avenue, there is an increasing need for order management systems to streamline buying and selling processes.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021