Ecosystem Roundup: Traveloka raises US$300M, Carsome to lay off staff, Shopee kicks up a storm in Philippines

‘There’s still an acute shortage of Series C/D capital in SEA’ Asia Partners’s General Partner Nick Nash said there is a Series C and D funding gap of ~US$900M for SEA to catch up with China; This is, however, less than the funding gap of US$1.1B last year and US$1.2B in 2019. Malaysia’s unicorn Carsome […] The post Ecosystem Roundup: Traveloka raises US$300M, Carsome to lay off staff, Shopee kicks up a storm in Philippines appeared first on e27.