fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home E-commerce

Omnichannel brand Love, Bonito raises $50m to fuel global expansion

Team AsiaTechDaily by Team AsiaTechDaily
27 October 2021
in E-commerce, Featured, Retail
0
Love, Bonito

Love, Bonito Senior Leadership Team

16
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Love, Bonito, one of Southeast Asia’s largest omnichannel womenswear brand, has announced raising $50 million in a Series C funding round led by Primavera Capital Group.

Adastria, Ondine Capital, and existing investors, including Openspace Ventures and Kakaku.com also participated in the funding round, as per the announcement.

The company said it will use the fresh funding to bolster efforts in existing omnichannel markets and to expand in international markets that are experiencing triple digits year-on-year growth.

These markets include Hong Kong, Japan, the Philippines, and the US.

Since its launch in 2010, Love, Bonito has achieved impressive growth, expanding into 10 key markets which include those in Southeast Asia, namely Singapore, Malaysia, Indonesia, the Philippines, Cambodia, and East Asia markets, namely Taiwan, Hong Kong, Japan, as well as Australia and the US.

“I am more excited than ever for what is to come in the next decade,” said Rachel Lim, Co-Founder of Love, Bonito.

According to the announcement, the brand will double down efforts within markets such as Singapore, Indonesia, and Malaysia that have omnichannel presence.

Other markets such as Hong Kong, Japan, the Philippines, and the US will see an expansion in omnichannels, new business verticals, strengthening of local community engagement and key collaborations, as well as the continuous optimisation of user experiences.

In the next phase of its growth, Love, Bonito aims to shake up the fashion industry by creating a more meaningful impact on its community across all life stages.

The brand is setting its sights on creating a thoughtful and well-rounded female ecosystem, supporting different facets of women’s needs within Asian countries and reaching further into the Asian diaspora communities across the globe.

“We have built a strong foundation in understanding the everyday Asian woman in order to be pre-emptive in catering to her needs,” said Dione Song, CEO of Love, Bonito.

Previous Post

Indonesian digital signature startup PrivyID bags US$17.5 million in Series B funding round

Next Post

Philippine live streaming platform Kumu secures Series C funding

Related Posts

edit post
WhyQ
Ecosystem

WhyQ secures $1.4m to help SMEs compete in digital economy

January 30, 2023
edit post
Eazy Digital
Featured

Thai insurtech startup Eazy Digital raises $850K in Seed funding

January 30, 2023
edit post
Grab Kandal
Featured

Grab appoints Philipp Kandal as Chief Product Officer

January 30, 2023
edit post
Holmusk
Featured

Healthtech startup Holmusk raises $45m to continue rapid expansion

January 23, 2023
edit post
Jumppoint
Featured

Hong Kong-based logistics platform for e-commerce merchants Jumppoint raises $6.5m in series A

January 16, 2023
edit post
Evo Commerce
E-commerce

Singapore’s Evo Commerce raises $2m to fuel global expansion

January 29, 2023
Next Post
edit post
Kumu

Philippine live streaming platform Kumu secures Series C funding

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback