The Business Times
business-time-50

Qoo10 bags US$82m in Series A funding by SPH and investors

Published Wed, Jul 22, 2015 · 09:50 PM

    Singapore

    PAN-ASIAN e-commerce platform QOO10 has bagged US$82.1 million in a Series A funding round led by Singapore Press Holdings (SPH), with participation from eBay, Saban Capital Group, UVM 2 Venture Investments, Brookside Capital and Oak Investment Partners.

    The investment, made to Qoo10's Singapore-based parent company Giosis and announced on Wednesday, will go into growing the Qoo10 team and deepening its presence in Malaysia, Hong Kong and China.

    eBaySPHE-commerceStartupsSeries A

    TRENDING NOW

    Related issues that LTA is also seeking feedback on are over COE renewals and Category E.

    LTA proposes combining car COE categories, adding rebate-surcharge system

    StarHub says the acquisition will allow greater scale to be directed towards sustained network investment, service innovation and customer experience. 

    StarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation

    All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29.

    DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More