Vietnamese on-demand e-commerce platform Loship raises $12M at a valuation of $100M

Loship, the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. The round was co-led by BAce Capital, an Ant Group-backed venture firm, and the direct investment unit of Sun Hung Kai & Co Limited. MetaPlanet Holdings returned for the pre-Series C round, which also saw participation from Wealth Well, Prism Ventures and SQ Capital Group.

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