The company is founded
Paul Srivorakul, Tom Srivorakul, and John Srivorakul begin building aCommerce and secure $3.1 million in funding led by NTT DOCOMO Ventures.
Secures $10.7M, Largest Series A in Southeast Asia
The funding was organized by founding investor Ardent Capital, and led by Inspire Ventures, a Bangkok-based firm, with participation from NTT DOCOMO; Sumitomo Corporation Equity Asia Limited; Sinar Mas Indonesia; Asia Pasific Digital; Cyberagent Ventures; and JL Capital, as well as angel investors and executive staff.
aCommerce employs over 300 staff
Provides ecommerce solutions across four countries and serving 100+ clients with plans to expand to more markets.
Company grows 8x year-on-year revenue
- Indonesia becomes the company’s greatest driver of revenue.
- Over 33% growth on average month-on-month
- Regional fulfillment center capacity reaches 9,332 sqm.
Raises $5M ahead of Series B
Existing backers Ardent Capital, Indonesia conglomerate Sinar Mas and Inspire Ventures show confidence in aCommerce growth.
Opens 7,700 sqm Bangna fulfillment center in Thailand
The new fulfillment center was opened to meet the increasing demand for warehousing capabilities and order fulfillment.
DKSH buys 20% stake in aCommerce
150-year-old Swiss market expansion services provider, DKSH, buys 20% stake in aCommerce to further expansion into Asia.
ecommerceIQ is launched with Google
aCommerce very own research unit dedicated to educating the ecommerce market in Southeast Asia holds its first summit partnership with Google Thailand. Over 200 top execs from the country’s biggest brands and retailers attend the closed-door event.
Raises $10M bridge funding led by MDI Ventures
To prepare for Series B, aCommerce secures funding from Telkom Indonesia’s fund, MDI Ventures, Austraila-based fund Blue Sky and existing partner, DKSH.
Indonesia team opens 7,000 sqm Cawang fulfillment center and 17 hubs
aCommerce Indonesia officially has grand opening for the 4 level mezzanine warehouse to serve Southeast Asia’s booming market. This is in addition to the Bandung FC and Surabaya FC opened earlier this year.
aCommerce expands into Singapore & Malaysia
The company begins operations for clients in two new Southeast Asia markets.
aCommerce expands operations into Malaysia
Begins the operation in Malaysia for the existing clients, expanding the coverage to the total of five biggest markets in Southeast Asia.
Opens 233,000 sqm new fulfillment centers in Thailand and Philippines
Answering the growing demand from the clients, aCommerce opens two new fulfillment centers in Bangkok and Manila with the capacity of 215,000 sqm 11,800 sqm respectively.
aCommerce wins Google Global Premier Partner Award for Search Innovation
aCommerce is awarded the Global Premier Partner Awards for Search Innovation and won two Google Premier Partner Awards in Search Innovation and Growing Online Business for all Southeast Asia, beating hundreds of other agencies.
ecommerceIQ launched LEAP, the first ecommerce executives program for professionals
LEAP stands for “Leadership Ecommerce Accelerator Program” and it’s a 10 weeks curriculum created by ecommerceIQ and Thailand’s most prestigious business school Sasin to provide the advanced knowledge and skills needed for professionals to do ecommerce successfully in Southeast Asia.
Raises $65M in a Series B funding round led by KKR-backed Emerald Media
aCommerce secures $65 million in a series B funding round led by Emerald Media, a pan-Asian platform by global investment firm KKR, with participation from existing investors including Blue Sky and DKSH.