SEA Ecosystem
Clock ticking for retailers, says What’s Next speaker
Adrian Vanzyl, chairman of Bangkok-based fulfillment startup aCommerce, says that traditional retailers have just a 12-month window to get into e-commerce. You can catch him at the What’s Next conference on Sept 29, says Karamjit Singh.
China’s sovereign wealth fund backs GrabTaxi in US$350mil round
GrabTaxi Holdings Pte Ltd announced its largest ever funding – over US$350 million, from US technology investment firm Coatue Management LLC, China’s sovereign wealth fund China Investment Corporation (CIC), and Didi Kuaidi, a rival service also funded by CIC.