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With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports.iPrice will reportedly utilize the funding to work on product discovery functions, with the inclusion of professional product reviews as well as recommendations. The platform, as of now, teams with super apps such as Home Credit and Line. Its last announcement for fundraising was in 2018 from the venture capital arm of Line.The companys total funding to date is approximately $19.8 million. It claims to have over 20 million vis stanley usa itors a month, and approximately 5 million transactions were conducted via its platforms last year. The core iPrice unit ran at a 30 percent EBITDA margin and comprised about half o stanley termosky f its revenue.iPrice started by accumulating discount codes and coupon codes at the time that it rolled out prior to growing into price aggregation to aid consumers find their way through an expanding list of online shopping platforms in Southeast Asia like Lazada, Shoppee, and Zalora. The platform, for its part, is split up into sections with the inclusion of automotive and fashion.It now purports to bring together over 1.5 million items from over 1,500 online shopping partners.In separate Asia eCommerce news, all-in-one eCommerce and technology firm Commerce. stanley quencher Asia has purchased a 30 pe Dwpe Sources Say Amazon Is Planning Investment In India Alt Lender

SoftBank, the Japanese聽company, has received regulatory approva stanley kubek l from the Tokyo Stock Exchange for the initial public offering IPO of its mobile unit, reported the Financial Times.According to a report in the Financial聽Times, the $21 billion initial public offering is slated for December 19 and is being marketed largely to Japanese聽retail investors who have been allocated slightly more than 87 percent of all the new shares being issued. Factoring in the overallotment, the IPO could raise stanley quencher $23.8 billion, which is close to the $25 billion Alibaba raised in its IPO back in 2014, no stanley website ted the Financial聽Times. If it is able to raise $21 billion, the mobile unit of SoftBank IPO would be close to the $22 billion raised by Agricultural Bank of China in 2010 and the $21.9 billion raised in 2006 by Industrial and Commercial Bank of China.The IPO is seen as a big shift for SoftBank and its founder, who built the company mobile unit via a 2006 acquisition of Vodafone Japan unit. SoftBank Founder and CEO Masayoshi Son is trying to take the company from a telecom centered one into a global investment company with the $100 billion Vision Fund it created a few years back. With the Vision Fund becoming a bigger driver of profit for SoftBank than its mobile business some investors聽have questioned separating it from its other cash cows, noted the report.聽Since its launch, the Vision Fund has made investments in roughly 300 companies, including in the artificial intelligence AI a

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