Poptron, a Kuala Lumpur-based lifestyle social commerce platform, announced a $1 million funding from a NASDAQ listed company.
This strategic investment enable the company to scale its operations and technology toward being a key regional social commerce platform, Poptron said.
Poptron is planning to fundraise the remaining $375,000 on pitchIN – an equity crowdfunding platform in Q1 2021.
“These investments will be used to develop the platform’s version 2.0, expected to be up in January 2021 as well as expand the team and begin operations in Singapore by Q1 2021,” the company said. Read more…..
Chart of the Day
Icarus TV
Covid-19 has been the third major disruption to globalisation within the past twelve years. The pandemic will not kill globalisation off, but it will deepen the cracks.