Careful Shopping Solution, ShopBack get Fund Injection Rp 540 Billion

INDUSTRY.co.id - ShopBack, one of the lifestyle portals that supports people to make purchases more thoroughly and cost-effectively, managed to get the latest funding of 25 million dollars, and to date the company's total funds have increased by nearly 40 million dollars.

This funding is led by Credit Saison, which is Japan's largest credit card and retail company. Not only that, there are still more than 10 institutional investors participating in the funding, including new investors Blue Sky and Intouch Holdings PLC, as well as existing investors, SoftBank Ventures Korea, Singtel Innov8, Qualgro, East Ventures and AppWorks.

"Cashback shopping service itself serves as the foundation for ShopBack in Indonesia, and is also the foundation for us in creating more cost-effective and cost-effective shopping solutions for many people. "Said Indra Yonathan as Country General Manager of ShopBack Indonesia in a press release received by the Editor, Tuesday (7/11/2017)

To date, there are 1000 deals every hour at ShopBack, with annual sales figures of over 300 million dollars for over 1300 partners engaged in online sales, travel, and also in the lifestyle field. More than 3.5 million customers in six countries in Asia Pacific have joined ShopBack since the company was founded in 2014.