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.
DealStreetAsia
Bangladesh tech startup ShopUp nets $65m in new funding
Peter Thiel's Valar Ventures leads latest round for mom-and-pop platform
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)
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