Chinese luxury fashion resale platform Plum, also known as Hongbulin, has inked USD 100 million in a series C funding round backed by second-hand trading platform, ZhuanZhuan Group, the company [̷…
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L’Oréal invests in Japanese personalized beauty start-up SPARTY
L’Oréal’s corporate venture capital fund, Business Opportunities for L’Oréal Development (BOLD), made its first venture capital investment in Japan, a minority investment in Japanese…
Alibaba invests US$60 million in AR startup Nreal
Nreal, an augmented reality (AR) glasses maker, announced on 30th March that the company had raised $60 million in a funding drive led by Alibaba Group.…
JD.com’s investment in Dada obtains requisite regulatory approvals
Supply chain-based technology and service provider JD.com and Dada Nexus Limited (“Dada”), China’s local on-demand delivery and retail platform, jointly announced on 25th February that JD.…
Lotte continues investing in digital transformation
According to The Korea Times, Lotte Group will continue to expand investments into its e-commerce businesses, including urban air mobility (UAM) services and the Metaverse, despite its growing losses …
L Catterton invests in Shanghai Enova Pet Products
Global consumer-focused private equity firm, L Catterton, announced on 18th February that it has invested in Shanghai Enova Pet Products (“Enova”), the owner of Pure & Natural, a lead…
Chinese beverage company NOD raises a supplementary Pre-A round of financing
Less than 2 months after One Capital invested in its Pre-A round, No Ordinary Drinks (NOD) a healthy beverage solutions company based in Shanghai, has raised a supplementary Pre-A round led by Proterr…
L Catterton Asia invests in Nebula Brands
Nebula Brands, a Chinese aggregator of third-party Amazon vendors, announced on 7th December that it has successfully completed a Series B fundraising round with investments led by the Asia fund of L …
Buy2Sell to invest US$28 million to expand the online B2B in Vietnam
Despite the impact of COVID-19, Vietnam e-commerce platform Buy2Sell has reported an increase in goods consumption, showing important demand for online shopping.…
SuperOrdinary acquires minority stake in CREA
CREA, a Southeast Asian omnichannel partner for brands, has secured a US$25 million investment from SuperOrdinary, a global distribution partner for beauty brands. …