ShopBack raises $25M for its cash back shopping service in Southeast Asia

ShopBack raises $25M for its cash back shopping service in Southeast Asia

7 years ago
Anonymous $ZOEEBQ1zf0

https://techcrunch.com/2017/11/06/shopback-raises-25m/

One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million.

Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cashback offers through partner merchants across seven countries in Southeast Asia and Taiwan. In that respect it is similar to eBates, the U.S. service Rakuten bought for $1 billion in 2014.