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Insights for the Food and Grocery Industry

Australian social commerce platform AuMake raises $1.6M to empower its post-covid transformation strategy

Australian daigou social commerce platform AuMake has raised $1.6M to bounce back post-covid. The platform links Australian and New Zealand sellers digitally with Chinese and other Asian consumers. The investment round was led by existing shareholder Novus Capital, and the placement will see 131,000,000 new shares issued at a value of $0.017 per share. The funds raised will expand ANZ tourism markets by giving birth to new domestic and international partnership opportunities. AuMake is a social-first marketplace and mainly focuses on the APAC region for business opportunities.

To read more, visit InsideRetail 

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