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E-commerce site Sendo raises $61 million

Business - 4 year

The investment represents Sendo’s largest funding round to date

E-commerce marketplace Sendo enjoys $51-million investment

Business - 6 year

Sendo Technology JSC, the operator of online trading platform Sendo, announced that it has secured an investment of $51 million from existing partners and especially new investors namely SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures.

Top e-commerce sites cope with accumulated losses despite bright spots of investment

National Focus - 6 year

Accumulated losses from leading e-commerce websites such as Lazada, Tiki, Shopee or Sendo are on the sharp rise, mainly due to the high sales expenses and in some cases, high management expenses.

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Search: "Sendo"

E-commerce site Sendo raises $61 million

E-commerce marketplace Sendo enjoys $51-million investment

Top e-commerce sites cope with accumulated losses despite bright spots of investment

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