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In October 2014, the company has raised US$2,000,000 from Singapore-based Private Equity firm, Hera Capital. [11] To date, CashCashPinoy has secured around US$4 million in total financing since establishing operations in 2010, which made it one of the most funded startups in the country.
Dali Discount AG, doing business as Dali Everyday Grocery [a] or simply Dali (stylized in all caps), is a Swiss international hard discount retail chain with a primary focus on Southeast Asia, particularly the Philippines. Its Singapore-based subsidiary, HDPM Sin Pte. Ltd., operates a local subsidiary known as Hard Discount Philippines Inc ...
The company commenced operations in Singapore in May 2014, where it is currently headquartered. [ 20 ] [ 21 ] In 2014, Lazada recorded $152.5 million in net operating losses, with net revenues of $154.3 million, although the percentage of losses—relative to gross merchandise value—was lower than the previous year due to growth in ...
Balikbayan boxes may contain items the sender thinks the recipient would like, regardless of whether those items can be bought cheaply in the Philippines, such as non-perishable food, toiletries, household items, electronics, toys, designer clothing, or items difficult to find in the Philippines. [15] A balikbayan box intended for air travel is ...
S&R Membership Shopping was established in 2001 as S&R PriceSmart, a franchise of the American membership-only warehouse club chain PriceSmart. [ 1 ] [ 2 ] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [ 1 ]
Along with the opening of its US-based branch, the company introduced the famous “Balikbayan Box” [2] and their money remittance service to cater to Overseas Filipino Workers (OFW). The moniker "Hari ng padala" (lit. transl. "King of Delivery") was created by the company in 1990. Products such as Branch Pick-up and Bills Payment were added ...
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Consumers print them out and take them to the store. Although discounts can be found online and in stores, there is a different thought process when shopping in each location. For example, "online shoppers are more price-sensitive because of the readily available low search cost and direct price comparisons". [2]