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Indonesia: Wholesale marketplace Ula secures $10m in seed funding

Newly established Indonesian wholesale marketplace Ula said it has received US$10.5 million in seed funding led by Sequoia India and Lightspeed India, as it seeks to expand its consumer base across Java. The company, which was launched in January, also received investments from San Francisco-based Alter Global, Sinar Mas-backed conglomerate SMDV, among others, along with […]

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Cambodia: Market Watch

Cambodian Securities Exchange: The index rose for the first time this week increasing 2.92 points (0.4 percent) to close at 730.66. The small rise stops four days of falls that have taken some steam out the market since reaching more than 800 points in early June. Trading volumes were at 608,705,880 riels ($148,288) with 41,963 […]

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