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In wake of Alibaba lawsuit, luxury fashion startup Xiu raises $30M funding http://wp.me/p5TrWy-k6

techfornomad.com Xiu.com, an ecommerce retailer for high-end fashion products in China, today announced it has completed a US$30 million series C round of funding, according to 36kr. The investment was led by Jardine’s, followed by KPCB China and others. Founded in 2008, Xiu specializes in high-end clothing, footwear, bags, accessories, and cosmetics from international brands. Headquartered in Shenzhen, it also has offices in fashion capitals like New York, San Francisco, London, Milan, and Hong Kong.

O2Overload: the past, present, and future of China’s on-demand explosion http://wp.me/p5TrWy-lK

508 Resource Limit Is Reached On-demand startups are extremely hot in China right now. But does history show that a huge culling is about to happen? Source: techinasia-ecommerce

Indonesian O2O startup Kudo lands funding for multi-payment ecommerce solution http://wp.me/p5TrWy-lI

508 Resource Limit Is Reached Kudo, an online-to-offline ecommerce startup from Jakarta, today announced a seven-digit funding round led by GREE Ventures and East Ventures (Disclosure: East Ventures also invests in Tech in Asia. See our ethics page). 500 Startups and IMJ Investment Partners also participated in the round. This new funding comes just a few months after Kudo announced its… [ 432 more words. ]

Why Traveloka could be Indonesia’s first startup unicorn http://wp.me/p5TrWy-lw

508 Resource Limit Is Reached It’s been a year of disasters for the Asian air travel industry. Nevertheless, due to its geography, Asia is the largest, fastest-growing, and most competitive market in the world for flights. Last October, the International Airline Travel Association said that by 2034, China, India, and Indonesia will be three of the five fastest-increasing markets in terms of additional passengers per year. [ 1131 more words. ]