[Nikkei Asia] Bangladesh tech startup ShopUp nets $65m in new funding

Originally posted on Nikkei Asia

By Mars W. Mosqueda Jr.

Photo caption: Bangladesh is one of the most fragmented retail markets in Asia, relying on neighborhood shops across the country that ShopUp wants to get online. (Photo courtesy of ShopUp)

CEBU, Philippines -- Bangladesh-based business-to-business commerce startup ShopUp has raised $65 million in a follow-on funding round led by Peter Thiel's Valar Ventures, it said in a statement.

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