INVESTMENT

Thailand's BuzzCommerce to debut after receiving seed money from East Ventures

A curation platform for beauty products, Thai startup BuzzCommerce will use funds to accelerate mobile and web development

By Elaine Huang

buzzcommerce

Founded in April 2014, Thailand-based e-commerce curation platform BuzzCommerce has today announced that it has received seed funding from East Ventures, an early-stage investor. The amount has not been disclosed.

According to an official statement, the funds will be used to boost development of BuzzCommerce’s web and mobile platform. The startup will begin with curating beauty products in Thailand. It seems that the website is still under development, and will only be available later this month.

In addition, Batara Ero and Willson Cuacu, both Managing Partners at East Ventures, will join BuzzCommerce as advisors.

Shinsuke Wakai, CEO, BuzzCommerce said, “Using the power of word-of-mouth, we are positioning to be the story telling e-commerce provider to introduce beauty products to boost its sales and number of loyal customers in Thailand.” (Sic)

It is likely that Wakai will use his connections as the Founder of Cosmenet, a Thai-based cosmetics review media outlet with more than 250,000 users, to bring in potential partnerships for BuzzCommerce.

We have reached out to BuzzCommerce for more comments.

Also Read: Luxola raises US$10 million in latest funding round led by transcosmos

Featured Image Credit: S_L / Shutterstock 




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