"New Zealand is an extension of ShopBack’s current services in the Australian market. This extension of services includes partnerships with nearly 200 local merchants and brands, offering exclusive deals and enhanced cashback payout options to New Zealand banks."
"The tie-up will see some five million Westpac cardholders given exclusive offers through a dedicated page on ShopBack’s app and website, Westpac said. It also sees the deal as a step in the bank’s “digital first” strategy, which aims to continually expand the range of online transactions available to Westpac customers." "According to chief digital officer Jason Hair, Westpac is looking at a “further extension” of its relationship with ShopBack and intends to introduce “more integrated channels” to the bank going forward."
"ShopBack has joined hands with the Tourism Authority of Thailand, Hong Kong (TAT-HK) for the first time to launch a new campaign "Must-Visit Places in Thailand", to enhance consumers’ travel experiences with valuable cashback." "Phornmon Chansri, director of the Tourism Authority of Thailand, Hong Kong said the partnership between TAT-HK and ShopBack is an inspiring example of how customer experiences can be improved while providing valuable cashback to enhance travel experiences. “This innovative collaboration has the potential to retain and attract customers by offering insights into the behaviour of Hong Kong's customers, thereby enabling a better understanding of what travellers truly desire,” she added."
"Online cashback portal ShopBack has unveiled a branding campaign that aims to build credibility and awareness of the brand, so as to increase the conversion in town with online and offline exposure." "ShopBack said it saw huge potential growth for the Hong Kong market especially during high inflationary periods and it would be continuing to invest in the Hong Kong market to achieve its mission of bringing rewarding and delightful shopping experiences to shoppers in Hong Kong."
"When you make online payments through ShopBack, you not only earn instant guaranteed Cashback but also stack up your regular Cashback or reward points from your preferred payment methods."
"REWARDS platform ShopBack has secured US$80 million from 65 Equity Partners for its Series F funding round. This brings the ongoing Series F round to US$160 million, coupled with the earlier US$80 million led by Asia Partners. The funds raised will be used to launch new products for users, develop new solutions for merchants and expand to more markets. Some of the funds will also be earmarked for a potential public listing."
"The firm tapped Romeni for his experience with Zalora Group, where he led revenue-related efforts, increased regional sales performance, and drove customer satisfaction and retention initiatives. In his eight years at the fashion ecommerce company, he has also held roles as the planning, pricing, and control director, as well as the head of planning and buying for private labels. Before joining Zalora, Romeni was with Zalora’s parent company, Global Fashion Group."
"The Group's entry into the market comes at an opportune time, where e-commerce in Hong Kong is poised to rise at a rapid rate of over 11 percent, potentially reaching revenues of HK$226 billion (US$29 billion) by 2024."
"ShopBack has undergone a global brand refresh spanning 10 markets in Asia Pacific featuring the tagline "For The Wins". This is a play on the popular Internet catchphrase "FTW"."
"ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, has raised $80 million in a funding round led by regional investment firm Asia Partners." “This is the perfect time to back winners, to consolidate their position, and gain share,” Nick Nash, managing partner at Asia Partners, said in the statement.
