
HANOI -- Vietnam-based one-hour-delivery e-commerce startup Loship is understood to be seeking debt financing instead of pushing ahead with a Series C equity funding round, DealStreetAsia has learned.
In October 2021, DealStreetAsia reported that Loship was in early talks with Japan's Daiwa Securities Group and other investors to raise $50 million in a Series C round after the online delivery startup landed $12 million in a pre-Series C funding round co-led by Ant Group-backed venture capital firm BAce Capital and the investment unit of Sun Hung Kai & Co., an alternative investment company listed in Hong Kong.