India-based social commerce startup CityMall, which targets consumers in small towns, raises a $75M Series C led by Norwest Venture Partners
Kul Bhushan / Tech in Asia :
Sao Paulo-based social commerce marketplace Facily raises a $250M Series D at an $850M valuation, bringing its total funding to $366M
Mary Ann Azevedo / TechCrunch :
YouTube acquires India-based social commerce startup Simsim, sources say for over $70M; Simsim raised $17M to date and was last valued at $50.1M
YouTube has acquired social commerce startup Simsim, the Google-owned firm said on Tuesday. Neither of the firms disclosed the terms of the deal …
Facebook and Instagram now give users options to hide Like counts across all posts and to hide their own public Like counts from others
for your own posts and others Clare Duffy / CNN : Facebook and Instagram willl now let all users hide likes on posts Garett Sloane / Ad Age : Instagram ‘Drops’ a new place to shop as social commerce t...
India-based social commerce startup Simsim, which supports local languages like Hindi and Tamil, raises $16M across seed, Series A, and Series B in seven months
Manish Singh / TechCrunch :
Meesho, an India-based social commerce startup, raises $50M Series C, its third raise over the last year in which it says top line revenue grew over 100x
that's nearly $65M for an intriguing business that supplies products to WhatsApp-based sellers in India https://techcrunch.com/...
E-commerce startups
Very few successful e-commerce companies were started in the 2000s. Since then, e-commerce startups have enjoyed a revival. Dozens of companies have gotten traction and venture dollars have followed...