Shipmates, a Y Combinator backed tech startup, here in the Philippines just raised ₱125,000,000! What are your thoughts on this? I know that ecommerce has been booming in the PH, and tech startups in the similar space have received investements like paymongo? Do you think there's room for another company or niche in the ecommerce space? Here are the links if you're curious.
https://blog.shipmates.app/blog/ship...2-200-000-usd/
https://techcrunch.com/2022/09/07/sh...=tcplustwitter
https://www.techinasia.com/combinato...tup-raises-22m