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Temasek’s 65 Equity Partners Pours $80 Million Into ShopBack

by geagle | Oct 3, 2022 | Uncategorised

Bloomberg : Online shopping rewards app valued at close to $1 billionStartup eyes going public though hasn’t decided on timing: CEO ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment...

Temasek-Backed ShopBack Raises $80 Million Led by Asia Partners

by geagle | Jun 24, 2022 | Uncategorised

ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, has raised $80 million in a funding round led by regional investment firm Asia Partners.  The Singapore-based startup’s Series F round was joined by existing investor January...

Singapore-based cashback platform ShopBack acquires BNPL service Hoolah

by geagle | Nov 2, 2021 | Uncategorised

ShopBack, the Rakuten-backed e-commerce loyalty platform, announced today it will acquire buy now, pay later startup Hoolah. Both companies are based in Singapore and operate in Southeast Asian markets. The deal was done in stock and cash, and terms were undisclosed....

ShopBack raises US$40M in round backed by Temasek, EDBI – brings total funding to US$145M

by geagle | Oct 8, 2021 | Uncategorised

Fresh funds for Singapore cashback startup ShopBack to grow its reach and boost its capabilities. ShopBack has raised US$40 million in an investment round participated by Temasek, EDBI, East Ventures, Indies Capital, and January Capital, according to filings with...

Giving and reaping rewards: A conversation with ShopBack’s Joel Leong

by geagle | Jan 21, 2021 | Uncategorised

Transplanting a successful e-commerce business model into a region where online shopping is still developing is a heady task for any organization. But a willingness to localize that model and fertilize the market by rewarding users for online purchases helped ensure...
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