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How social commerce is bridging Southeast Asia’s infrastructure gaps

TechCrunch

Conceptually, social commerce isn’t new — it has existed in some form ever since people have made recommendations to each other. Today social networks are more powerful than ever, and startups and corporations are innovating new commerce models that leverage the greater reach available to us. Image Credits: Kantar Global MONITOR 2019.

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Beams wants to turn collaborative audio clips into a social media biz

TechCrunch

Per Crunchbase , the 2019 founded audio startup’s earlier seed and pre-seed investors were Mangrove Capital Partners and Redalpine. Finding the signal in the noice of social audio is turning out to be the real challenge. Or, well, adding to the social audio noise. Why focus on short-form audio as a social media medium?

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Thailand’s Beam simplifies checkout for social commerce

TechCrunch

The social commerce market is already worth more than $13 billion in Southeast Asia, but the checkout process is filled with friction. Many sellers don’t have online storefronts and instead use social media and messaging apps, which means payment is made by switching to banking apps or wallets.

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Tiger Global backs SaaS omnichannel social commerce platform SleekFlow in $8M funding

TechCrunch

Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day. Image Credits: SleekFlow.

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Flip bags $28M to turn beauty, wellness social commerce on its head

TechCrunch

Social commerce startup Flip is mixing live commerce mobile apps with real customer reviews to improve the buying experience and opportunity for the creator economy. Nooruldeen “Noor” Agha, a serial e-commerce entrepreneur, founded Flip in 2019 after emigrating to the United States from Iraq. In total, Flip raised $31.5

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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

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Tumblr’s ‘fediverse’ integration is still being worked on, says owner and Automattic CEO Matt Mullenweg

TechCrunch

Despite delays, the plan to connect Tumblr’s blogging site to the wider world of decentralized social media, also known as the “fediverse,” is still on, it seems.

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