SINGAPORE, April 14, 2020 /PRNewswire/ — Digital Commerce Intelligence (DCI), an AI-driven start-up that tracks real-time eCommerce performance for consumer goods sold online, raised c. SGD 1 million funds from Velocity Partners to further enhance its service across Southeast Asia (SEA).
KZ, Founder and CEO of Digital Commerce Intelligence
Headquartered in Singapore, DCI is the first of its kind addressing the unique characteristics of the eCommerce ecosystem in SEA, most notably the complexities arising from the vast numbers of independent sellers operating in these markets. Aside from the typical eCommerce channels of the established brands and retailers, there are more than 2 million independent sellers operating across the region. These independent sellers are highly competitive and opportunistic and can collectively trade over 50% of a brand’s total eCommerce