Ecommerce news you should know for today.
1. Fashion app Zilingo raises $8 million
The round was led by Sequoia India, Indonesia’s Venturra Capital and Susquehanna International Group. With this funding in the bank, Zilingo plans to launch for sellers in Indonesia. Read the rest of the story here.
2. Dating app ‘Lunch Actually’ raises Series A to expand further into Southeast Asia
Japanese social network Mixi and Fatfish Internet Group contributed the undisclosed amount of cash. The group focuses on Singapore, Malaysia, Thailand, Indonesia, and Hong Kong. Expansion to “one more market” will be fuelled by the new funding. Read the rest of the story here.
3. Citi and Grab partner on card-based service
It will commence in Singapore and the Philippines, with Indonesia, Malaysia and Thailand to follow shortly. For Citi, the partnership marks the first time globally that the bank is integrating its credit cards with a transport application. Read the rest of the story here.
4. WeChat is making an entry into Australia
Tencent is making inroads in Australia after inking a deal that will see its WeChat Wallet mobile payment system made available to Chinese tourists and students in Australia. Read the rest of the story here.
5. Garena lands more funding, remains Southeast Asia’s most valuable startup
The amount raised was not disclosed, and Singapore-headquartered Garena did not reveal a post-money valuation. Read the rest of the story here.