iPrice Group raises new funding from LINE Ventures

May 8, 2018 :

iPrice Group, Southeast Asia’s leading product discovery and price comparison platform, raised a new round of funding from LINE Ventures, with participation from Cento Ventures and Venturra.


iPrice Group, a Malaysian based startup was visited by more than 50 million online shoppers in the past one and a half year.

In the same period, we expanded our product catalogue from few dozens of millions to over 500 million SKUs across their seven markets: Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, and Hong Kong.



More details of our latest funding with LINE Ventures:
  • June Cha, General Manager of LINE Ventures states that iPrice has the most promising team with the right talents, technology, and operational excellence in the region. In turn, they will become the first destination in the online shopping journey in Southeast Asia
  • iPrice Group is on track to reach more than 150 million visitors this year, driven by the accelerating growth experienced in Indonesia
  • Since iPrice Group’s last funding one and a half years ago, more than 50 million online shoppers visited iPrice, which expanded in the same period its product catalogue from few dozens of millions to over 500 million SKUs across their seven markets: Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, and Hong Kong.
  • iPrice has been able to secure strategic B2B partnerships with some of the biggest media groups and brands in the region by offering them tailored affiliate solutions. Among them: Mediacorp in SG, Thairath in TH, Samsung in ID.
David Chmelar - Co-Founder and CEO of iPrice Group

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