Location
Year Founded
Not Specified
Company Size
Not Specified
Hiring
No Job Openings
About Shopback
Headquartered in Singapore with an affiliate office in the United States, Malaysia, the Philippines, India and Indonesia, ShopBack is one of the pioneers who introduced a fresh spin to Southeast Asia’s online shopping scene in September 2014. Granting customers Cashback when they shop at over 1,000 online stores, ShopBack connects both merchants and shoppers with a mutually beneficial reward system.
When a shopper makes a successful transaction on any store that is linked from ShopBack’s website, the merchant who earns from the purchase will give a commission to ShopBack. Thereafter, ShopBack shares its commission with the shopper, who will receive it as Cashback.
With a dedicated team of over 50 people equipped with extensive experience in the ecommerce industry, ShopBack has successfully established presence in four markets within a year, with future plans of gaining a greater foothold on the regional map.
In October 2015, ShopBack was crowned the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles.
When a shopper makes a successful transaction on any store that is linked from ShopBack’s website, the merchant who earns from the purchase will give a commission to ShopBack. Thereafter, ShopBack shares its commission with the shopper, who will receive it as Cashback.
With a dedicated team of over 50 people equipped with extensive experience in the ecommerce industry, ShopBack has successfully established presence in four markets within a year, with future plans of gaining a greater foothold on the regional map.
In October 2015, ShopBack was crowned the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles.
Founders & Key People
Financials Beta
Business Model: Not Specified
Revenues: $37.5 Million - $112.5 Million / year
Expenses: $37.5 Million - $112.5 Million / year
Debt: Request
Operating Status: Active
Funding Raised: $100.6 Million
Investment Rounds: 3 Rounds
Funding Stage: Series B
Last Funding Date: Series B
Investors
Funding Rounds
Funding
Funding Rounds
B
$75,000,000
Series B Round
Growth Stage
Mar 2020
A
$25,000,000
Series A Round
Early Stage
Nov 2017
S
$600,000
Seed Round
Early Stage
Apr 2015
