Singapore-Based Qoo10 Acquires Ecommerce Unicorn ShopClues To Enter Indian Market

Date posted: Friday 1 November 2019

Singapore-based Qoo10 Pte Ltd has acquired ecommerce company ShopClues in a stock deal. Singapore-based Qoo10 services small and medium enterprises (SMEs) in Southeast Asia via a localised online marketplaces in Singapore, Indonesia, Malaysia, China, Hong Kong and other regions. ShopClues said Qoo10 would be expanding into other Asian countries.

(Inc42)