As well, the Japanese news aggregation platform SmartNews received a new investment of 28 million US dollars, with a post-investment valuation of 1.1 billion US dollars; Cred, the Indian financial technology startup company, wants to raise 125 million US dollars in the A round of financing; Didi internationalization: daily quantity 3 million, Latin America contributes the vast majority
Shentong International and Malaysia Post Group signed a strategic cooperation agreement. A few days ago, Shentong International and Malaysia Post Group signed a strategic cooperation agreement. Zhu Qun, chairman of Shentong International, said that the two sides will provide a new integrated logistics solution for global cross-border e-commerce platforms including Alibaba, ebay and wish through a strategic cooperation model of co-branding, joint operation and joint marketing.
Credred Indian financial technology startup Cred wants to raise $125 million in Series A financing. After the completion of this round of financing, Cred’s valuation is expected to be between $450 million and $500 million. It is reported that Apoletto Asia, a fund of Sequoia Capital, Ribbit Capital and DST founder Yuri Milner, has injected $65 million into the company.
Online Payments Razorpay acquires Gurgaon fraud analysis startup Thirdwatch. Upon completion of the transaction, Thirdwatch will provide Razorpay with artificial intelligence and machine learning-based detection tools to reduce fraud. Thirdwatch has 10 employees and will be a subsidiary of Razorpay upon completion of the acquisition. Thirdwatch said its platform Mitra had previously reduced e-commerce companies’ fraud losses by 80%. The company previously received angel round financing in 2017.
Amazon is the most visited shopping site in India, accounting for 30% of the Indian e-commerce market. According to foreign media reports, Amazon has occupied 30% of the Indian e-commerce market and has become the most visited shopping site in India.
The Middle East cross-border e-commerce platform Jollychic completed a $65 million C+ round of financing. It was learned that the Middle East e-commerce platform “Jollychic” has completed a $65 million C+ round of financing, and the investor is the UAE technology giant G42 Group. This financing is the first time that a local strategic investor in the Middle East has invested in a Chinese e-commerce platform focusing on the Middle East. Jollychic is an e-commerce platform for the Middle East market. Its business includes Jollychic, a full-service e-commerce platform, Dealy, a cost-effective e-commerce platform, and MarkaVIP, a light luxury e-commerce platform.
Development of internationalization: daily quantity is about 3 million, most of Latin America contributes . At present, the overall daily volume of Didi International is about 3 million, and the domestic Drip Network has a daily order of 24 million. This means that Didi’s daily orders in the global market are around 27 million. Didi International Market mainly includes three – Latin America, Australia and Japan. Among them, Latin America started the earliest and contributed the vast majority of the internationalization of Didi International, with more than 2 million daily orders, accounting for more than 20% of the local market share, second only to Uber.
Meitu Mirror has a global partnership with DFS Group. It was learned that Mito Mirror and DFS Group reached a second global collaboration to continue to provide intelligent new retail scenario solutions.Starting August 1 this year, Mito Mirror will bring AR test cosmetics to 25 stores in 13 countries and regions including DFS USA, Italy, Australia, New Zealand, Japan, Singapore, Hong Kong, China and Macau. Experience.
Japan News Aggregation Platform SmartNews received a $28 million new investment with a post-mortem valuation of $1.1 billion. The lead investor in this round of financing is Japan Post Capital, a Japanese postal capital managed by Japan’s National Postal Group. The company plans to use new funds to expand recruitment and further investment in the United States. SmartNews was founded in 2012 and currently employs 200 people. The company says its users of applications are up to six times a year.