What is Sociolla? Sociolla Review

What is Sociolla? Sociolla Review
Sociolla, an e-commerce website in Jakarta, Indonesia, provides a variety of cosmetics and beauty products. It is also known as SOCO . Founders: Christopher Madiam, John Rasjid and Chrisanti Indiana. Founded in March 2015. Headquartered in Jakarta. Website : http://www.sociolla.com


history

Christopher Madiam, John Rasjid and Chrisanti Indiana co-founded Sociolla in March 2015. Sociolla was originally an online marketplace for beauty products, and three years later it launched the Beauty Journal feature.

SOCO is the abbreviation of Sociolla Connect, this social platform can help Sociolla realize its vision of changing the beauty industry.

Financing

In September 2015, Sociolla received a seven-figure Series A financing led by Venturra Capital, with participation from East Ventures and Steve Christian, an angel investor of Indonesian portal KapanLagi Network.

In January 2017, Sociolla and istyle partnered to secure a Series B round of funding led by Istyle, a fashion company listed on the Tokyo Stock Exchange, Japan, which owns the popular Japanese beauty website @cosme.

In May 2018, Sociolla received US$12 million in financing, led by East Ventures' new fund EV Growth. Participants included Indonesian venture capital firm Sinar Mas Digital Ventures, Yahoo Japan's venture capital arm YJ Capital, Japanese beauty product e-commerce company istyle, and a group of undisclosed Singaporean institutional investors.

References

  • 1. Indonesian beauty e-commerce platform Sociolla received US$12 million in financing: Southeast Intelligence Agency [cited on 2018-05-20]

<<:  What is IFTTT? IFTTT Review

>>:  What is Wirecutter? Wirecutter Review

Recommend

What is Trans-Transfer? Trans-Transfer Review

Transrush is a cross-border e-commerce logistics c...

How can Amazon’s best-selling products continue to maintain their popularity?

On the Amazon platform, having a best-selling prod...

Grocery category crisis, Amazon stops accepting new orders!

Amazon suspended all orders for non-essential good...

What is MercadoLibre? MercadoLibre Review

Mercadolivre is the largest C2C platform in Brazil...

How to expand your FB group

1. Search platform + deal + country directly, for ...

What is GraysOnline? GraysOnline Review

GraysOnline is Australasia's largest industria...

What is Canvas? Canvas Review

Canvas is a dynamic drawing tag in HTML5. Canvas u...

Amazon discount types & stacking calculation method latest version

If the price of a deal on Amazon is lowered, will...

What is Wadi.com? Wadi.com Review

Wadi.com is an online shopping market in the Middl...

What is MyDeal.com.au? MyDeal.com.au Review

MyDeal.com.au is an Australian e-commerce platform...

Loss of $73.8 million! Pet e-commerce Chewy's annual revenue is poor!

<span data-shimo-docs="[[20,"获悉,据外媒报道,近日美国...

Behind Shopify's brakes: logistics failure and management missteps

It is learned that Shopify has announced several m...

Amazon vs. Walmart: Both Want to Become the Leader in Health and Beauty!

PYMNTS reported in June that 39% of shoppers are v...