It is very exciting to be in the e-commerce space now, especially if you are based in Asia. What we are noticing recently is the number of e-commerce companies getting funded. Singapore-based Zalora recently closed a US$26 million funding round while Japan based luxury group buying site LUXA closed its US$5.3 million series B funding from JAFCO. Over the weekend, we received news that Singapore based group buying site aggregator All Deals Asia is going through its Series A fundraising round.
The funding round is said to be more than S$1 million (US$800,000). While the fundraising amount has not been started, more than half of the investment amount has been committed. The new fund will be used to grow its operations and the team is now looking to hire more staff to fuel its expansion. While positions are not finalized yet, here are some of the potential openings in the next few months and should give you an idea what role the company is looking for:
- VP, Operations
- Operations Manager
- VP, Business Development
- Business Dev Manager
- VP, Product Development
- Web Designer
You can send an email to [email protected] if you are interested to find out more about any of the positions above.
Founded in 2011, All Deals Asia has come a long way. With more than 600,000 subscribers, the company is now among the top 50 sites in Singapore. Cofounder Goh Yiping also shared with us that they have broken even during the last quarter of 2012. Back in 2011, the company also raised an undisclosed sum from Iconic Ventures, an investment holding company and angel investor founded by the founders of JobsCentral Group, a Singapore job portal and services company. The company claims to be the number one deal aggregator in Southeast Asia and number three in the group buying scene in Singapore.
On top of that, All Deals Asia has also expanded its deal aggregation activities to Malaysia. While it has set up a Philippines page, there are no Philippine-based deals yet. All Deals Asia recently opened their physical shop too, following the footsteps of Groupon Singapore and DealGuru.