Category: Commerce

myfisensemyfisenseSeptember 13, 2021

BEIJING — China fired a fresh regulatory shot at its tech giants on Monday, telling them to end a long-standing practice of blocking each other’s links on their sites or face consequences. The comments, made by the Ministry of Industry and Information Technology (MIIT) at a news briefing, mark the latest step in Beijing’s broad […]

myfisensemyfisenseSeptember 10, 2021

Singapore-based gaming and e-commerce company Sea Ltd has raised about $6 billion in an equity and convertible bond sale, making it Southeast Asia’s largest fund raising. The company priced 11 million American Depository Receipts at $318 each, together with $2.5 billion in a convertible bond. Shares of Sea, Southeast Asia’s most valuable listed company […]

myfisensemyfisenseSeptember 9, 2021

Singapore-headquartered e-commerce and gaming giant Sea Ltd announced that it is raising up to $6.3 billion by offering American Depositary Shares (ADSs) and convertible bonds, in what will be one of Southeast Asia’s largest fundraisings. Proceeds from the fundraising will be used to fuel the company’s business expansion, including potential strategic investments and acquisitions, and […]

myfisensemyfisenseAugust 30, 2021

Aug 30 (Reuters) – Sea Ltd’s Shopee took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering coupons to winning users. The Singapore-based company has combined online shopping with the gaming nous of its separate mobile game arm Garena – […]

myfisensemyfisenseAugust 24, 2021

(Bloomberg) — Inc.’s shares soared as much as 10.5% after the e-commerce giant reported revenue that beat estimates, defying a crackdown on the Chinese internet sector that has depressed growth across the industry. The e-commerce giant’s shares gained by the most in almost a month in Hong Kong after it posted a better-than-expected 26% […]

myfisensemyfisenseAugust 20, 2021

Alerzo, a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. The company is announcing a $10.5 million Series A round led by London-based Nosara Capital. FJ Labs and several family offices from the U.S., Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since […]

myfisensemyfisenseAugust 19, 2021

Conversational Commerce allows buyers to do online shopping by conversing with chatbots through messaging applications/Hardware Gadgets like Alexa, Google Assistant, etc and this method has been growing in the e-commerce industry.  However, based on studies conducted, findings show that interaction design of the existing conversational commerce is still lacking in various areas. Consumers describe products in an almost […]

myfisensemyfisenseAugust 18, 2021

The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest as well as existing investors Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank also participated in the new round, which brings its […]

myfisensemyfisenseAugust 18, 2021

Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year, IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said The pandemic has led to the International Finance Corporation massively ramping […]

myfisensemyfisenseJuly 28, 2021

With an experience of more than 28 years in investment & commercial banking and global securities operations, Irfan Fazli is an Enterprise Risk Management expert who has led several full cycle implementations while working with leading global banks and financial institutions such as Deloitte and Royal Bank of Canada.   Being someone with an entrepreneurial […]

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