COMMERCE DOTASIA VENTURES

Delivering Happiness to Trading

COMPANY DETAILS

Commerce.Asia is a South East Asian ecosystem builder that assists SMEs, Brands & Micro-entrepreneurs to sell online by providing them with end to end omnichannel commerce solutions.

Commerce.Asia develops these solutions by integrating best of breed technologies from Technology Enablers. Commerce.Asia brings together these Technology Enablers by making strategic investments, providing guidance and mentorship to them.


SUMMARY VIDEO

COMMERCE DOTASIA VENTURES SDN. BHD. TEAM MEMBERS
  • Ganesh Kumar Bangah
    Executive Chairman
  • Logan Sivanasen
    Marketing Director
  • Alice Foong
    General Manager, Commerce.Asia Accelerator
  • Vickie Teh
    Product Head, Commerce.Asia Enterprise
  • Ong Foo Kiat
    Investment Analyst


Please login as an investor to see more information.

23
APR

Commerce DotAsia Ventures Sdn. Bhd. Quarter 1, 2019 Report

about 1 month ago by Ganesh Kumar Bangah
draft

Dear Investors,

Commerce DotAsia Ventures Sdn. Bhd. ("Commerce.Asia") would like to update our investors on our progress for Quarter 1, 2019 (January to March 2019).

A copy of the Q1 Report can be downloaded through the link below:

https://drive.google.com/file/d/1aGMvLSxPqN4xgkl68p_iFmfDHrHfh04Y/view?usp=sharing   

 

Should you have any questions or if you require any form of assistance, please do not hesitate to contact the following:

Foo Kiat : [email protected] or +6012-227 1688

Prema: [email protected] or +6016-660 0149

 

Thank you very much for your trust and effort in investing into Commerce.Asia.

30
MAR

Audited Accounts 2018 & Budget

about 2 months ago by Ganesh Kumar Bangah
draft

Dear Investors, 

 

We have finalised our accounts for our first 17 months of full operations, which is available at https://drive.google.com/file/d/1jLLgb_ApL_9FPSqNXcZCnLxYj6bulm-G/view?usp=sharing. According to the audited accounts, the group achieved a revenue of RM1,179,916 and a net loss position of RM3,601,726 for the 17 months ending 31.12.2018. This accounts does not consolidate all subsidiaries and investments made for the period as some investments were made during the financial year.

 

The revenue is lower than forecasted as a number of government training programs were deferred or cancelled in the last half of 2018 due to the change in government. Moving forward, the group has reduced its dependency on government funded training programs and has been focussing on corporate innovation programs for Commerce.Asia Accelerator. In addition, the recently announced Panpages Lab acquisition also diversifies the group's revenue and income base.

 

For comparison purposes, we have prepared a 12 month Proforma Consolidated Statement of Comprehensive Income (P&L) for 2018 that consolidates all current and new investments of the group that is available in Appendix A which can be downloaded at https://drive.google.com/file/d/1JkmmbXf-t_PhJtq3TuQVDbgV8Y_sZX4i/view?usp=sharing. This P&L consolidates for the whole year, 60% subsidiary Let Me Store Sdn. Bhd. and 25% associate Commerce DotAsia Data Holdings Sdn. Bhd. which owns Panpages Lab and will become a 65% subsidiary pursuant to a call option.

 

In addition, we have also prepared a budget for 2019 and 2020 based on the updated business plan including Panpages Labs which is included in Appendix A. Please take note that the budget is subject to change based on operational performance and market conditions; amongst other factors.

22
MAR

Commerce DotAsia Ventures Sdn. Bhd. Quarter 4, 2018 Report

2 months ago by Ganesh Kumar Bangah
draft

Dear Investors,

Commerce DotAsia Ventures Sdn. Bhd. ("Commerce.Asia") would like to update our investors on our progress for Quarter 4, 2018 (October to December 2018).

A copy of the Q4 Report can be downloaded through the link below:

https://drive.google.com/file/d/1zEUjM5_TkXBOxkZ_zeby9PQ0yBlig8C4/view?usp=sharing

     

Should you have any questions or if you require any form of assistance, please do not hesitate to contact the following:

Foo Kiat : [email protected] or +6012-227 1688

Prema: [email protected] or +6016-660 0149

 

Thank you very much for your trust and effort in investing into Commerce.Asia.

26
OCT

Commerce DotAsia Ventures Sdn. Bhd. Quarter 3, 2018 Report

7 months ago by Ganesh Kumar Bangah
draft

Dear Investors, 

Commerce DotAsia Ventures Sdn. Bhd. ("Commerce.Asia") would like to update our investors on our progress for Quarter 3, 2018 (July to September 2018).

 

A copy of the Q3 Report can be downloaded through the link below:

https://drive.google.com/file/d/1IPoSy90b8pmF_IMXeNlfJ7eIZvDuLI0I/view?usp=sharing

 

Should you have any questions or if you require any form of assistance, please do not hesitate to contact the following:

Foo Kiat : [email protected] or +6012-227 1688

Prema: [email protected] or +6016-660 0149

 

Thank you very much for your trust and effort in investing into Commerce.Asia.



Please login or sign up to see the discussions.

!

RISK WARNING


Equity Crowdfunding is risky. You are investing in early stage companies which may not do well and could even fail. You could lose part or all of your investment. You may not be able to sell your shares easily.

Investments are speculative and carry high risks. To decrease exposure, these types of investments should only be made as part of a diversified portfolio. Spread your risks and only invest money that you can afford to lose. pitchIN wants all investors to understand these risks and make careful investment decisions. You are also encouraged to seek independent advice.