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Zalora secures $100M in new growth funds

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zalora logo

Southeast Asia-focused Internet shopping site Zalora has secured $100 million in additional funding from private investors to support the company’s growth in the region.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

More Filipinos now shopping online

More and more Filipinos are beginning to shop online, according to the results of MasterCard’s Online Shopping Behavior Study 2012 in 14 Asia Pacific countries. The survey also shows that the country’s e-commerce potential is expected to grow even more with the emergence of enabling technologies.

Posted: March 9th, 2013 in Headlines,Inquirer Features | Read More »

Gov’t launches ‘cashless’ payment scheme

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Budget Secretary Florencio B. Abad. INQUIRER FILE PHOTO

The government has launched a system dubbed Philgeps Virtual Store, through which agencies can buy supplies online and without using cash.

Posted: January 18th, 2013 in Editor's Pick,Headlines,Photos & Videos | Read More »

Lazada to expand operations with $40-M fund from Swedish firm

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Swedish investment house Kinnevik is betting big on Southeast Asia’s economic rise through an investment of $40 million in online shopping site Lazada, which is emerging as a leading player in the region’s e-commerce sector.

Posted: November 13th, 2012 in Headlines | Read More »

Online retail Lazada.com to get fresh capital from JPMorgan Chase

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lazada_logo

Southeast Asia-centric online retail giant Lazada.com is set to receive an infusion of fresh capital through an investment by JPMorgan Chase & Co. bank’s German investment unit.

Posted: September 14th, 2012 in Latest Business Stories | Read More »

Multiply social shopping site is here to stay

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MANILA, Philippines—When four tech whizzes from Boca Raton, Florida, got together to form content sharing website Multiply in 2003, they never thought their baby would become an e-commerce platform. But evolve they did because that was what the users wanted. Now Multiply is a social shopping site teeming with entrepreneurs, selling myriad products and services, [...]

Posted: September 29th, 2011 in Latest Business Stories | Read More »

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