Posts Tagged ‘eCommerce’

Travel platform KKday secures Series B funding from H.I.S (US$10.5m)

Friday, February 23rd, 2018

KKday, Asia’s largest online travel-experience ecommerce platform, has raised US$10.5 million in additional funding led by Japanese travel industry leader H.I.S. with participation from existing investor MindWorks Ventures.

* This story first appeared on The Travel Memoir.

Research by Phocuswright projects that the travel tours and activities industry will reach US$183B by 2020 from US$135B in 2016. Photo: Ming Chen, KKday CEO.

Research by Phocuswright projects that the travel tours and activities industry will reach US$183B by 2020 from US$135B in 2016. Photo: Ming Chen, KKday CEO.

The alliance and funding is expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers.

“H.I.S. is not just a financial investor, but is valued as a strategic investor. By utilising H.I.S.’s global resources and integrating it with KKday’s strong marketing and big data programs, we will be able to change the in-destination travel operations model. KKday will be focusing on improving the customer experience and strengthening our relationship with our suppliers. These two strategies are highly related. You can’t improve customer experience without having an amicable relationship with the supplier,” says Ming Chen, KKday CEO.

KKday curates more than 10,000 travel-related experiences from more than 500 cities and 80 countries with over 4 million unique visitors and serves a few hundred thousand travellers each month.

The company applies big data analytics to drive business decisions and to refine current offerings to optimise customer experience.

Headquartered in Tokyo, H.I.S. has offices located in over 130 cities around the world.

As the in-destination travel industry is fragmented, managing supply chain is a major challenge.

This is why KKday focuses on developing a strong Supply Chain Management (SCM) system that allows all types of suppliers, big or small, to communicate with customers and manage orders without any IT investment.

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Office visit to Shopee HQ in Singapore @ Fusionopolis

Monday, January 16th, 2017

Second visit to Shopee HQ in Singapore for Chinese New Year Lohei.

A photo posted by John Tan (@tech4tea) on

The Shopee HQ in Singapore is collocated with its parent company, Garena, at Galaxis in Fusionopolis.

The online social marketplace reached US$1.8b in annualised GMV (Gross Merchandise Volume) in November 2016.

That’s huge for a young startup that’s less than 2 year’s old.

For gamers & online shoppers – ever wondered what it’s like behind the scenes of gaming company Garena & its subsidiary Shopee? Here’s a part of the company’s office in Singapore which houses the combined staff of 500-odd employees working in an open office concept.

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Shopee introduces free shipping and launches Shopee University

Wednesday, May 4th, 2016

Shipping costs can now be reimbursed with Shopee Free Shipping and users will receive greater support through Shopee University and the platform’s latest innovations.

“Since the official launch version of our platform, Shopee has seen tremendous growth with our sellers, buyers, product listings and orders now in the millions. To ensure this growth rate continues, we are committed to invest more in constantly enhancing our ecosystem through innovation and developing initiatives such as Shopee Free Shipping to empower individuals, especially budding entrepreneurs, to start their business journey on our platform by first removing the hassles of shipping costs. This in turn elevates mobile commerce standards and further strengthens our regional market leadership position, bringing us closer to achieve our aim in becoming Southeast Asia’s mobile commerce destination of choice,” said Chris Feng, Chief Executive Officer of Shopee.

“Since the official launch version of our platform, Shopee has seen tremendous growth with our sellers, buyers, product listings and orders now in the millions. To ensure this growth rate continues, we are committed to invest more in constantly enhancing our ecosystem through innovation and developing initiatives such as Shopee Free Shipping to empower individuals, especially budding entrepreneurs, to start their business journey on our platform by first removing the hassles of shipping costs. This in turn elevates mobile commerce standards and further strengthens our regional market leadership position, bringing us closer to achieve our aim in becoming Southeast Asia’s mobile commerce destination of choice,” said Chris Feng, Chief Executive Officer of Shopee.

Shopee, Garena’s eCommerce platform, today launched two initiatives—Shopee Free Shipping (Beta) and Shopee University, as well as announced product innovation updates at its inaugural Biannual Press Conference.

A photo posted by John Tan (@tech4tea) on

Bunk beds for Shopee employees to catch a power nap over lunch or overnight in the Shopee HQ office in Fusionopolis in Singapore. Beside this room is the #massage room with a full-time masseuse to give staff a rub down.

This marks the beginning of an important growth strategy that the mobile-first social marketplace is commencing for the months ahead.

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Google launches Great Online Shopping Festival for Singapore

Wednesday, January 28th, 2015

Google has collaborated with its partners to offer 3 days of online bargain shopping from 2-4 February to shoppers in Singapore. A list of participating vendors is at the end of this article.

From right: Joanna Flint (Country Director, Singapore, Google Asia Pacific) launching the GOSF.SG with partners, Lim Bee Bee (Head of Marketing for Consumer Banking Group Singapore, DBS Bank; and Marcelo Wesseler (SingPost’s Senior Vice President of eCommerce).

From right: Joanna Flint (Country Director, Singapore, Google Asia Pacific) launching the GOSF.SG with partners, Lim Bee Bee (Head of Marketing for Consumer Banking Group Singapore, DBS Bank; and Marcelo Wesseler (SingPost’s Senior Vice President of eCommerce).

Google, along with DBS and SingPost, revealed the categories and deals on offer which range from travel to beauty, fashion and electronics.

“We’re excited to be teaming up with businesses across Singapore to celebrate the best of eCommerce here, and bring great deals from around the web to shoppers in the run up to Chinese New Year. Singaporeans are sophisticated shoppers and the Internet is a key part of the shopping process for them,” said Joanna Flint, Country Director, Singapore, Google Asia Pacific.

The 72-hour-long Great Online Shopping Festival on gosf.sg will commence from midnight on February 2, bringing deals from more than 60 brands onto a common platform to customers across the island nation.

Discounts include up to 90 percent off electronics, over 80 percent off fashion brands, up to 75 percent off travel deals, up to 70 percent off beauty products and many more from favorites like Courts, Zalora, Agoda and Luxola.

The festival is also supported by DBS and SingPost.

The first 2000 registered shoppers to spend over a total of S$168 with their DBS/POSB cards will receive an additional 15 percent rebate or up to S$100 off.

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