WebFeb 16, 2024 · ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is in talks with potential investors to raise $150 million to help finance its expansion, according to people with knowledge of the matter.. The Singapore-based startup is working with Morgan Stanley on the funding round, which is expected to value the company at … WebOct 8, 2024 · ShopBack is a cashback reward scheme available in the Asia-Pacific region. The company was founded in 2014 with co-founders looking to profit from the cashback reward scheme in the Asia-Pacific region. ShopBack operates a marketplace business model and earns most of its revenue from affiliate commissions.
Temasek-Backed ShopBack Said to Seek $150 Million for Expansion
WebFeb 16, 2024 · ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is in talks with potential investors to raise $150 million to help finance its expansion, … WebAug 26, 2024 · ShopBack has been working on building its customer base / Image Credit: ShopBack In an interview with Yahoo in 2024, the firm had not ruled out the idea of an IPO in the near term, but CEO Henry had said that … bank jargon explained
Mozes Tetelepta - Chief Marketing Officer - MITRA GENERASI …
WebOct 6, 2024 · ShopBack has operations in nine markets, including Singapore, Malaysia, Indonesia, the Philippines, Thailand and South Korea, and sees Australia as a key growth … WebDec 16, 2024 · This model has taken off so successfully in Southeast Asia that ShopBack has 30 million users across 7 countries. They also raised a round in October this year that valued their company at US$539.4 million. But a business model that works in a more mature market may not work as well in a less developed market. WebDec 7, 2024 · ShopBack was founded in 2014 as a cashback platform for online transactions. Over the years, the company has expanded its range of products to include offline payments as well as buy now, pay later. poids 3008 hdi 130