Tag: investor

Retail Asia25/06/2019
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2min0
Korean grocery delivery service Kurly has closed an upsized Series D round that hit US$113 million. The round was announced last April at $88 million, but has since attracted an additional $25 million funding from China’s Hillhouse Capital. Kurly delivers all orders placed by 11 pm before 7 am the following morning, prioritising convenience over […]

Retail Asia08/11/2018
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13min0
Clean cosmetics brand Kosas has in the space of a year grown from the best-kept secret of beauty industry insiders to a buzzy makeup line with rapidly growing sales. Founder Sheena Yaitanes says two recent investors deserve much of the credit: Man Repeller founder Leandra Medine and lifestyle blogger Arielle Charnas. The indie makeup range she started three years […]

Retail Asia17/10/2018
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2min0
Japan’s Softbank has reportedly selected the banks that will serve as lead underwriters for the IPO of its domestic mobile business. The operator has picked banks including Nomura Holdings, Mizuho Financial, Sumitomo Mitsui Financial, Goldman Sachs and Deutsche Bank to underwite the offer for around 3 trillion yen ($26.82 billion) worth of shares, citing unnamed sources. This would […]

Retail Asia27/03/2017
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3min
South Korea has taken over Singapore to become Vietnam’s biggest foreign investor in the first quarter, with investment totaling $3.74 billion, or 48.6 percent of the total foreign direct investment (FDI) pledged for the period, the Vietnamese government said Friday. Singapore, which held the top position in January and February, came second with $911 million, followed […]

Retail Asia31/05/2016
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6min0
Hong Kong based on-demand delivery app Lalamove has successfully secured USD 10 million with the help of a new Thai investor, along with the company’s existing investors. Thai financial and investment services company, Asia Plus Group Holdings has invested in Lalamove to drive the app delivery company to profitability and to complete Lalamove’s third-round funding […]

Retail Asia19/05/2016
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2min
News of Mercedes-Benz Retail selling its Manchester and Birmingham businesses to Hong-Kong auto retailer Lei Shing Hong could be seen as proof that the UK auto retail sector is worth investing in. This comes despite the underperforming share prices of some PLCs in the market, financial jitters surrounding the forthcoming EU vote and the general […]


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