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Alibaba invests $35 million in Xpressbees

31 January 2018

China’s ecommerce colossus, Alibaba, has put Rs224 crore (USD 35 million) in Xpressbees, the logistics arm of FirstCry. This financing underscores Alibaba’s attempt to create a robust global logistics network. XpressBees, is Alibaba’s sixth investment in the indian market, and is the logistics arm protracted from baby and maternity products retailer, FirstCry, which counts Vertex […]

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StoreHub raises Series A to build cloud-based POS systems

25 January 2018

StoreHub, a Malaysian cloud-based POS systems for SMEs recently secured USD 5.1 million in a Series A funding round led by Vertex Ventures. Fong Wai Hong, Chieftain of StoreHub, illustrates the key elements he looks for in investors, particularly ones “that would enable us to leverage these connections to grow our presence in terms of […]

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CloudCherry makes it to the top Startup50 2017 list

12 January 2018

CloudCherry, a real-time customer software experience solution, has recognized as the top tech startup on Startup50’s Big50 2017 list. The company offers a Customer Experience Management (CEM) solution that measures customer satisfaction and delivers outcome-driven results through engaging over 17 channels to measure key metrics such as Net Promoter Score, Customer Effort Score and Customer […]

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17 Media has signed over 3,500 live broadcasters worldwide

11 January 2018

Live broadcast platform, 17 Media (17 live broadcast) announced that it has signed a total of 3,500 live broadcasters worldwide, and has already won 50% of the live broadcast market in Taiwan. Chief financial officer of M17 Entertainment Group, Gu Shangxiu, raised an important juncture in 17 Media’s business strategy. He suggested that despite having […]

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Cold Storage partners up with HappyFresh

02 January 2018

Supermarket chain Cold Storage announced a partnership with HappyFresh, an online grocery shopping and delivery service in the Malaysia’s northern region, Penang. The announcement comes after a successful response from a test launch in the Klang Valley early this year. The partnership marks a growing interest and trust in online grocery delivery. HappyFresh Malaysia Head […]

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