News Snapshot:
Premium Vietnamese e-commerce firm Tiki has bagged $20 million in funding from Taiwan Mobile as part of its Series E round. The funding gives the Taiwanese telecom operator a 2.7% stake in Tiki Global as it seeks to gain a foothold in one of Southeast Asia’s fastest-growing markets. The transaction, which was closed last week, values the Vietnamese firm at $740 million. According to regulatory filings accessed by DealStreetAsia, Tiki has secured $94 million in Series E funding this month alone. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Contact us for corporate...
