SINGAPORE: Zilingo, an e-commerce startup trying to replicate the experience of browsing South-East Asia’s colourful bargain bazaars on a smartphone, has raised US$54mil to delve deeper into markets from Indonesia to the Philippines.
Sofina, Burda Principal Investments and Sequoia Capital India led the latest round for Zilingo, a shopping platform crammed with retailers of the cut-price dresses, bags, sunglasses and assorted bric-a-brac common across the region’s street markets.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
