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“As the frontrunner in the rewards space, ShopBack is in a great position to capture an outsized portion of the online shopping boom,” said Henry Chan, CEO and co-founder of ShopBack.

In total ShopBack has raised $101.1M. Indra says that ShopBack aims to maintain its business growth through partnerships and user acquisitions.

Failures are celebrated and not condemned. The latest funding will be “used to drive three key areas – acquiring world-class talent, launching new product features and establishing market leadership”.

The company remains focused on building rewards and discovery features to deliver delightful online and offline shopping experiences for consumers. ShopBack Indonesia country general manager Indra Yonathan tells Digital News Asia (DNA) that the latest round of funding will be used to drive three key areas of development - acquiring world-class talent, investing in product development, and entrenching a base presence in current markets. From emerging startups to billion-dollar unicorns, we bring you stories of remarkable According to ShopBack, this extended funding will be used to enhance its technology infrastructure, expand data capabilities and drive growth in existing markets. “The model enables ShopBack to leverage user insights across shopping categories and develop smarter shopping solutions such as cross-category recommendations,” Lee said. Over three and half million consumers across six countries in the Asia Pacific have signed up with ShopBack since the company’s inception in 2014. Dee Kosh updates Instagram to say he’s “Not dead Not gone”, Xiaxue files Expedited Protection Order and Stop Publication Order against woman.

ShopBack is en-route to winning the cashback game, and the Singapore company is set to dominate SEA. Get real cash back in your ShopBack account in 72 hours. Co. Regn. Follow us on Facebook.

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Browse, click & buy from 500+ stores via ShopBack.

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Ltd. razor sharp focus on delivering world-class products for consumers will, ShopBack Raises Another S$34M To Dominate Cashback In Southeast Asia. We strive to become the one-stop shopping and lifestyle portal for every Malaysian,” said Alvin. This allows us to stay nimble, be innovative and do multiple trial-and-errors.”, “It all adds up and helps us to stay competitive in this extremely fast pace industry.”, Featured Image Credit: ShopBack Singapore, Also Read CREATE ALERTS .

The three-year-old start-up previously disclosed two seed funding rounds totaling to over USD1M. ShopBack the one-stop lifestyle portal that powers smarter purchase decisions, raised USD25M in its latest funding round, bringing the company’s total funding raised to date close to USD40M. In Singapore, the company has extended its service offering with ShopBack GO, an app-based rewards platform for in-store shopping, dining, and entertainment. Are S$100 Tourism Vouchers Enough To Fill The Gaping Hole Of Tourism’s Declining Revenue? 201431998C. Since ShopBack was founded in 2014, it has participated in 5 rounds of funding. Leading the funding was Credit Saison with other investors including SoftBank Ventures Korea, Singtel Innov8, Qualgro, East Ventures, Blue Sky, AppWorks, Intouch Holdings PLC, Aetius Capital and 33 Capital. Working with 1,300 merchants, they power over 1,000 transactions per hour with annualised sales figures of over S$408m. Stay updated with our weekly curated news and updates.

In March 2015, ShopBack received further investment funding of USD $600,000. © The Independent News & Media Pte Ltd, Singapore, ShopBack getss close to USD40M in funding. 2020: A conversation with Pixar’s Dylan Sissons on animation technology, Kre8tif! The three-year-old startup previously disclosed two seed funding rounds totalling over US$1million (RM4.23 million). He also sees interesting synergies and learning opportunities for ShopBack and its investors. With the new funding, we will develop new features to help our users save even more money and time by making smarter buying decisions.”. Today, ShopBack powers close to 1,000 orders per hour, with annualised sales figures of over US$300 million (RM1.3 billion) as well as more than 1,300 partner merchants across the online retail, travel, and lifestyle verticals. No. Since its launch in 2014, the startup has branched into 6 countries with more than 3.5 million users. Over three and half million consumers across six countries in the Asia Pacific have signed up with ShopBack since the company’s inception in 2014. 2020: 'Tell stories that are authentic.' Today, ShopBack has presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, … “Cashback served as the cornerstone for ShopBack’s establishment in Malaysia and laid the foundation for us to build smarter shopping solutions,” said Alvin Gill, ShopBack Malaysia’s Country General Manager. ShopBack the one-stop lifestyle portal that powers smarter purchase decisions, raised USD25M in its latest funding round, bringing the company’s total funding raised to … ShopBack believes that rapid and effective localisation is critical for players operating in a fragmented region like the Asia Pacific.


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