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a Singapore-based e-commerce platform, has raised $200 million in new funding. The new funding round was led by Alibaba’s Ant Financial, and will be used to expand Shopmatic into new markets.
Shopmatic was founded in 2014, and has since raised a total of $1 million. The company provides an e-commerce platform that helps businesses sell online. Shopmatic also offers a range of other services, such as website design, logistics, and payment processing.
The new funding will allow Shopmatic to expand its operations into new markets. The company plans to use the funds to hire more staff, open new offices, and develop new features for its platform.
Shopmatic raises $200 million in new funding round
Shopmatic, an e-commerce platform based in Singapore, has raised $200 million in a new funding round. The round was led by Alibaba’s Ant Financial, and will be used to expand Shopmatic into new markets.
This is a significant investment for Shopmatic, and will help the company grow its business significantly. With this new funding, Shopmatic will be able to expand into new markets and continue to develop its platform. This is a great opportunity for the company, and we are excited to see what the future holds for Shopmatic.
Shopmatic to use new funding to expand into new markets
Shopmatic plans to use its new funding to expand into new markets. The company will use the funds to grow its team and expand its operations. Shopmatic is currently available in Singapore, India, Indonesia, and the Philippines. The company plans to expand into new markets in Southeast Asia, Europe, and the United States.
Shopmatic’s new funding round was led by Alibaba’s Ant Financial
Shopmatic’s new funding round was led by Alibaba’s Ant Financial, with participation from other investors including Sequoia Capital and Gobi Partners. Shopmatic will use the new funding to expand into new markets and continue to build its e-commerce platform. This is a significant investment from Alibaba, and underscores their belief in Shopmatic’s potential to become a leading e-commerce player in Southeast Asia.
Shopmatic has raised a total of $1 million since it was founded
Shopmatic has raised a total of $1 million since it was founded in 2014. The company has been backed by a number of high-profile investors, including Alibaba’s Ant Financial and Singapore-based venture capital firm Temasek Holdings. Shopmatic’s latest funding round will be used to expand its e-commerce platform into new markets.
Shopmatic is a Singapore-based e-commerce platform
Shopmatic is an e-commerce platform that helps businesses to set up and manage their online stores. The platform provides users with a customizable store front, a payment gateway, and a range of other features to help businesses sell online. Shopmatic was founded in 2014, and is headquartered in Singapore.
Conclusion
Shopmatic has raised a total of $1 million since it was founded in 2014, and its new funding round will be used to expand into new markets. The company’s new funding round was led by Alibaba’s Ant Financial, and Shopmatic has raised a total of $200 million in new funding.
