Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbott, L’Oréal and Unilever build online retail operations in the Philippines. It offers end-to-end services including digital content production, marketing campaign coordination and management of marketplace listings across platforms such as Lazada, Shopee, Zalora, Zilingo, Shopify and Magento. The company also serves clients including Nestlé, Samsonite, GSK, Bayer and Fila. Great Deals currently operates only in the Philippines but plans to expand regionally next year and aims to increase penetration outside the Greater Manila Area. The startup raised $30 million in a Series B led by logistics firm Fast Group and will use part of the capital to build an automated fulfillment center. The strategic investment from Fast Group, which has a fleet of more than 2,500 vehicles and a 90,000-store distribution network, is intended to bolster supply-chain capacity and enable more Instant Commerce deliveries under one hour. Great Deals E-commerce Corp is described in the article as a Philippines-based e-commerce enabler. The company was founded by Alibaba eFounders fellow Steve Sy. Philippines-focused private equity firm Navegar has invested $12 million in Great Deals. The article characterizes the business as a local e-commerce enabler but does not elaborate on specific products, services, or future plans. No revenue, user, or other operating metrics were reported in the article. The report also does not disclose the financing instrument or the use of proceeds.

Total raised

$42M

Funding rounds

2

Latest round

Series B

Latest activity

May 2021