
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.
The company completed a $109 million Series B round six months ago, with participation from Valar Ventures, Tiger Global, Prosus Ventures, Flourish Ventures, Sequoia Capital and Veon Ventures.