PricePanda Secures New Round of Funding for Further Expansion

Jan 28, 2014 (Tue): The price comparison platform PricePanda has secured USD3 million from Tengelmann Group. Christian Schiller, Co-Founder and Managing Director PricePanda: “We are delighted to have secured this new round of funding, which will enable us to continue our growth trajectory in existing markets, expand into further countries, scale our operations and continue to enhance our service. When we started our company in 2012, we had only one goal: To be a reliable guide through the jungle of offers from diverse ecommerce stores. We wanted to bring transparency and overview into this world of excess information to ultimately empower e-commerce businesses in South East Asia. One and a half years later we can say: we made it! With more than 70,000 products and 1M people redirected to other stores’ websites, we have already gained a strong competitive edge in South East Asia.”

Author: VSDaily Editor

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