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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.

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Indian social commerce Meesho raises $570 million at $4.9 billion valuation

TechCrunch

billion, as a growing number of high-profile investors back the Indian social commerce startup that is reporting strong growth despite the pandemic. India is primarily an unorganized market; 80 to 85% of the entire retail GDP is unstructured and long-tail and run by small businesses. Everything else was primarily offline.”.

Social 250
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Blidz raises $6.6M to expand its Pinduoduo-inspired social shopping app

TechCrunch

Gamification and social hooks have become cornerstones across every category of consumer apps these days, and today one that’s using these to build out a new e-commerce platform in Europe is announcing a seed round to give its growth a boost. Translating that to today’s internet landscape in regions like Europe and the U.S.

Social 244
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The Landing is bringing shoppable social and collaboration to interior design

TechCrunch

Monetizable mood boards might sound like the moonshot idea that no one asked for, but when you think about it, the vision is already informally happening in various corners of the internet. That’s when they dropped the moving service business, and instead used furnishing as a vector to solve the problem of contextual and social e-commerce.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

But not everyone agrees — particularly those who hope to build a business out of VR retail. Enter Emperia , an “immersive” retail startup that — to its credit — has already created virtual stores for brands including Bloomingdales, Dior, Ralph Lauren and Lacoste. Perhaps so.

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Fixed wireless access (FWA) is a secure networking option

CIO

This shows that many modern cyber security challenges are network-agnostic, which means the most popular cyber attack methods typically don’t focus on the network technology the company uses to access the internet. The need for improved rural internet service has been recognized by both governments and businesses alike.

Wireless 219
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SoftBank, Goldman Sachs mint unicorn in Indian commerce startup ElasticRun

TechCrunch

SoftBank Vision Fund 2 has led a $300 million investment in ElasticRun as the Japanese conglomerate doubles down on its commerce bet in the world’s second largest internet market. The firm has also backed Flipkart and social commerce startup Meesho. Investors say Indian startup funding could get even hotter after record Q3.

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