Asia’s top 20 unicorn startups (Infographic)
Given the incredible amounts that have been invested in Asian e-commerce companies this year, it should come as no surprise that they make up nearly half of Asia's top 20 unicorn startups.
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Given the incredible amounts that have been invested in Asian e-commerce companies this year, it should come as no surprise that they make up nearly half of Asia's top 20 unicorn startups.
Amazon has announced the launch of its new payments and logistics system which allows Indian merchants to leverage the ecommerce giant’s technology on their personal website.
Snapdeal has reportedly invested $100m in Shopo, a zero-commission mobile-only platform it acquired in 2013. The Indian e-commerce giant is hoping to build up the app into a one million seller-strong platform.
After months of speculation, Indian e-commerce marketplace Snapdeal has finally received $500m of investment from Alibaba, SoftBank and Foxconn.
According to re/code, the Indian-based e-commerce company has secured a half a billion dollar investment from investors such as Alibaba, the Chinese e-commerce company, and Foxconn, the Taiwanese manufacturer of Apple’s iPhones.
Snapdeal, one of India’s most profitable e-commerce marketplaces, has announced the acquisition of Hyderabad-based mobile technology start-up MartMobi.
Snapdeal chief financial officer Aakash Moondhra has quit the Indian online marketplace as it attempts to keep pace with rivals.
Snapdeal, one of India’s largest e-commerce firms, has bought mobile-payments company FreeCharge for a rumoured $450 million.