Tag Archives: Ensogo

Top 20 Ecommerce Deals for April 2015

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$161,000,000Wanda E-commerceCentec Networks, Xude RendaoEcommerceInvestment
2$140,000,000Jet ConsortiumEcommerceInvestment
3$100,000,000YmatouSailing Capital InternationalEcommerceInvestment
6$60,000,000Moda OperandiConsortiumEcommerceInvestment
7$52,090,425windeln.deGoldman Sachs, DN CapitalEcommerceInvestment
8$50,000,000TemandoNeopost SAEcommerceInvestment
9$50,000,000Urban LadderConsortiumEcommerceInvestment
10$40,000,000The RealRealConsortiumEcommerceInvestment
11$40,000,000Mister SpexConsortiumEcommerceInvestment
13$36,000,000Ticket MonsterKKR ConsortiumEcommerceAcquisition
14$36,000,000FirstCryValiant Capital Partners, New Enterprise AssociatesEcommerceInvestment
15$33,776,000Global Fashion GroupTengelmann Ventures, VerlinvestEcommerceInvestment
16$32,908,500Westwing GroupConsortiumEcommerceInvestment
18$29,472,375Westwing ConsortiumEcommerceInvestment

More information

  1. Wanda E-commerce Raises $161M in Funding (FinSMEs)
  2. Jet Raises $140M in Funding (FinSMEs)
  3. Cross-border Shopping Site Ymatou Pockets US$100M Series B Funding (TechNode)
  4. Capital Today, New Horizon Lead $100M Series C In Beibei.Com (China Money Network)
  5. Farfetch, the unicorn, may be worth $1 billion (CNBC)
  6. Moda Operandi Closes $60M Series E Financing (FinSMEs)
  7. windeln.de Raises €45M (FinSMEs)
  8. Temando Raises $50M in Series B Funding (FinSMEs)
  9. Curated furniture etailer Urban Ladder bags $50M to expand to 30 Indian cities this year (Tech In Asia)
  10. The RealReal Raises $40M in Series D Funding (FinSMEs)
  11. Mister Spex Raises $40M Financing Round (FinSMEs)
  12. WorldStores Raises £25M in Funding (FinSMEs)
  13. Groupon Sells 46% Of Korea’s Ticket Monster To KKR Consortium For $360M (TechCrunch)
  14. Indian kids e-store FirstCry raises $36M in fresh funding to take on Mahindra Group’s Babyoye (Tech In Asia)
  15. Global Fashion Group Raises €32M in Funding (FinSMEs)
  16. Westwing Group Raises €30M in Venture Capital Funding (FinSMEs)
  17. LimeRoad, a fashion portal made by a woman for Indian women, raises $30M (Tech In Asia)
  18. Westwing Raises €25M in Funding (FinSMEs)
  19. Memebox Raises $29.35M in Funding (FinSMEs)
  20. Ensogo gets another $29.3M to dominate Southeast Asia (Tech In Asia)

Ensogo to dominate Southeast Asia

Ensogo is on a roll. Last March, the Southeast Asian ecommerce giant raised $15.5 million from Ward Ferry Management of Hong Kong and Vipshop, China’s leading online discount retailer. Just last week, the company announced that it has raised another $29.3 million from a consortium of Australian and Asian institutional investors as well as Vipshop, which contributed $2.4 million to the funding round. As part of the deal, Vipshop now holds a 10% stake in the company. So what does this mean for Ensogo’s future? With its strategic partnership with Vipshop, Ensogo now has access to Vipshop’s vast inventory of low-cost Chinese products and will also benefit from the Chinese retailer’s proven expertise in the areas of logistics, merchandising, technology, marketing and user acquisition, which impressively allowed it to grow its revenue from $32 million in 2010 to $3.77 billion in 2014. With the help of Vipshop, Ensogo can further strengthen its business throughout Southeast Asia and continue its upward trajectory.