PH e-commerce firm raises $30M in new capital
Published May 19, 2021, 4:00 PM The Philippines’ #1 e-commerce enabler Great Deals e-commerce Corporation raised $30 million, approximately P1.4 billion, capital in its Series B funding round. The new capital infusion was led by Fast Group, a leading logistics firm in the Philippines with the support from CVC Capital Partners, one of the world’s largest global private equity firms with $118 billion in assets under management (AUM). Navegar, a private equity firm that infused $12 million Series A fund into Great Deals, also contributed to this funding round. The transaction was advised...
Source: mb.com.ph