March 23, 2022
Global Brain has invested in iPrice Group Sdn Bhd, a venture startup that provides an e-commerce price comparison service across Southeast Asia
Global Brain has invested in iPrice Group Sdn Bhd (iPrice), a venture startup that provides an e-commerce price comparison service across Southeast Asia, through its KDDI Open Innovation Fund III (KOIF III).
As the e-commerce market develops, the competition among e-commerce platforms continues to intensify with more sellers entering the market in Southeast Asia. iPrice's role of helping users find the right platform and make product purchases more convenient will continue to be vital to the region.
Instead of going through multiple marketplaces to find the best deal, users can instantly access more than 7 billion offers from more than 8 million sellers through the iPrice app and its website. Users can save their time and money by comparing products, prices, sellers’ reputations, and delivery conditions all in one place. iPrice will also expand into the lending space, partnering with consumer loan providers and leading Buy Now Pay Later players in the region to provide a more convenient shopping experience.
Global Brain has decided to invest in iPrice, highly recognizing the experienced management team that accurately captured the current trend of promoting e-commerce market in Southeast Asia as well as its leading presence in the market.
About iPrice
- Location
- Malaysia
- CEO
- Paul Brown-Kenyon
- Founded
- 2014
- URL
-
iPrice Group: https://ipricegroup.com/
iPrice Malaysia: https://iprice.my/
iPrice Singapore: https://iprice.sg/
iPrice Indonesia: https://iprice.co.id/
iPrice Thailand: https://ipricethailand.com/
iPrice Philippines: https://iprice.ph/
iPrice Vietnam: https://iprice.vn/
iPrice Hong Kong: https://iprice.hk/
About KOIF III
- Name
- KDDI Open Innovation Fund III
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 20 billion
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998