In today’s briefing:
- Jet Commerce Raises US$60M for Brazil and Singapore Expansion, to Further Scale up in China
- Morning Views Asia: ABM Investama, Azure Power Global Ltd
Jet Commerce Raises US$60M for Brazil and Singapore Expansion, to Further Scale up in China
- Jet Commerce launched a Live Commerce service through its newest business unit, Lumbalumba, last July and inaugurated its live streaming centre
- Indonesia-based e-commerce enabler, Jet Commerce, has announced the completion of its Series B funding round of more than US$60 million (IDR 900 billion).
- Jet Commerce will use the funds to upgrade infrastructure, recruit more professional local talent, improve research and technology development, and strengthen its ability in brand incubation.
Morning Views Asia: ABM Investama, Azure Power Global Ltd
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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