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Making Ecommerce Easy since 2013
Having raised one of the largest Series A funding rounds of Southeast Asia, aCommerce is currently the region’s leading ecommerce service provider. With over 1,100 talented staff and operations in Indonesia, Thailand, Malaysia, Singapore and the Philippines, aCommerce provides robust localized ecommerce solutions for global brands such as L’Oréal Group, LINE, Abbott, Unilever, Nescafe and more.
aCommerce was founded in May 2013 and is currently headquartered in Bangkok.
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 6,500 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
The company begins operation in Singapore to help brands solidified their regional presence.
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 21,100 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 20,000 sqm and 1,100 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.
aCommerce Celebrates 5th Anniversary
The company marks its fifth anniversary with key milestones including; 750% sales growth for its 260 brand clients including adidas, HP, L’Oreal, Nestle, Samsung, and Unilever; delivered 13.19 million orders to over 7.7 million customers across Southeast Asia.
Launches BrandIQ to Raise Brand’s Competitive Advantages on E-Marketplace
Introduces BrandIQ, ecommerce measurement and analytics suite, to provide brands in Southeast Asia with measurable data and actionable insights for their online commerce strategy. It allows brands to understand and visualize more than 11 million SKUs across 600 brands and 160,000 sellers online across Southeast Asia to help them grow online sales and market share.
Announces LINE Official’s Retail Solutions Partner
Begins the partnership with LINE at the latter’s largest showcase of the year as the new Retail Solution Partner to work together in bringing more brands and enterprises to use LINE platform as their online sales channel.
The Company Sets the Path of Profitability with “aCommerce 2.0” Strategic Plan
Announces “aCommerce 2.0” strategic plan that will deliver greater value to enterprise brand clients, accelerate the company’s profitability in the next 12 months, and position the business for long-term sustainable growth as the leading ecommerce enabler company in Southeast Asia.
Raises $15M from Indies Capital Partners
The latest funding round builds on aCommerce’s momentum following its “aCommerce 2.0” initiative, signalling investors’ continued confidence and support in the company’s strategy and vision.
Achieves Group Profitability One Year after “aCommerce 2.0” and Shares the Impact of COVID-19
One year after launching its “aCommerce 2.0”, the company shares the result of its internal targets including achieving group profitability ahead of schedule and transitioning away from single service solutions.
The strategic plan also helps aCommerce navigate the unprecedented challenges that COVID-19 pandemic brings in pushing all businesses across the globe to transform their business digitally, especially ecommerce in particular.
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