commerce Archive

Garena, Southeast Asia’s most valuable tech startup, lands additional funding

Garena, the games firm that is Southeast Asia’s most valuable tech startup, has closed additional funding from three new investors. They are SeaTown Holdings International, an affiliate of Singapore sovereign wealth fund Temasek, Indonesia’s GDP Venture, and Mistletoe, a Japan-based fund from Taizo Son, the younger brother of SoftBank CEO Masayoshi Son. The amount raised was not disclosed, and Singapore-headquartered Garena did not reveal a post-money valuation. That last valuation was …

Meesho wants to make selling through WhatsApp more efficient and less painful

WhatsApp may have over one billion active users each month but it continues to frustrate the many small businesses that rely on it for sales but suffer for its lack of advanced features. Messaging services like Line, WeChat and even Facebook Messenger have become platforms that let business users get dedicated usernames and accounts, manage group chats, set up stores and use bots for communication, all while WhatsApp remains basic. The company only …