David Chmelař takes the helm at iPrice

• Former project lead at Boston Consulting Group
• KL startup landed US$550K seed funding in May

 
KUALA Lumpur-founded South-East Asian e-commerce affiliate network iPrice group has announced the appointment of David Chmelař (pic above) as chief executive office and cofounder, effective Nov 1.
 
In this role, he will focus on guiding iPrice group through a crucial time of growth for the company, it said in a statement.
 
According to CrunchBase, iPrice was founded in 2014 and landed US$550,000 seed funding in May this year in a round led by Asia Venture Group, and including Rocket Internet and Zalora.
 
“We’re pleased to have David [Chmelař] on board – he has the vision and strategic thinking that iprice needs as we enter our next chapter,” said Asia Venture Group managing director Kai Kux.
 
“He is a proven leader, and brings vast experience from working in the developed markets within the world of e-commerce. We trust he will move the company forward with the speed required to capitalise on the opportunities in front of us.”
 
Chmelař joins iPrice from Wüstenrot Financial Group where he served as a member of the board and chief product and treasury officer since 2011. Prior to that, he was as a project lead at the Boston Consulting Group.
 
“I am honoured to have been appointed to this role, and excited about the possibilities that lie ahead of us,” said Chmelař.
 
“I look forward to working in the Asian e-commerce environment, and helping the company achieve what we set out to be – Asia’s leading consumer brand for online shopping; a discovery portal which will become the one-stop-shopping destination for all South-East Asia,” he added.
 
iPrice was built to give shoppers a one-stop destination for all their e-commerce needs, and currently runs portals in seven markets across South-East Asia: Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
 
Related Stories:
 
Malaysia best port to launch SEA offensive: Tim Marbach
 
Ensogo raises another US$30mil by issuing 183mil new shares
 
Shopping online with TrustedCompany
 
 
For more technology news and the latest updates, follow us on Twitter, LinkedIn or Like us on Facebook.