RedMart in the News
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From Silicon Valley to Singapore: RedMart Secures Top Software Development Executive
14 July 2017, Singapore – As Silicon Valley veteran Patrick Teo takes up the top product and engineering post at Lazada-owned RedMart, he sees that he has another job on his hands: attracting other talent back to boost Singapore’s expanding tech hub.
After securing a PhD in Computer Science from Stanford University and holding senior positions at Facebook, Amazon and Shutterfly, Teo says: “As a Singaporean, I see the exciting developments taking place at home and want to contribute to building the tech ecosystem here.”
Alibaba-backed Lazada Group and RedMart team up in Singapore
2 November 2016
Lazada, Southeast Asia’s leading online shopping and selling platform, and RedMart, Singapore’s pioneer e-grocer, today announced an agreement in which Lazada will acquire RedMart. By teaming up, both parties will benefit from each other’s cutting-edge technological and operational infrastructure, as well as an extended customer network. Led by its current management, RedMart will continue to operate independently post the transaction.
21 Jul 2016
“Working for Redmart has allowed me to receive additional training and learn new skills… I am very happy to have opportunities to grow and develop,” said Mr. Desmond Koh Yam Song, 38, an ex-offender currently employed as a Warehouse Associate with Redmart.
Statement on withdrawing Sale of paper products from APP
Singapore, 19 October 2015 - Today we are going to voluntarily withdraw all paper products sourced from Asia Pulp & Paper Group (APP) following the ongoing investigations by the Singapore Environment Council (SEC) and the National Environment Agency and the temporary restriction of APP’s “Singapore Green Label” certification.
Products affected by the withdrawal include Paseo and NICE brands. The withdrawal will be in effect on the RedMart website from 6pm today.
RedMart carries 13 other paper products that are certified with the Singapore Green Label, and our own RedMart-branded paper products (Towels, Tissues, & Toilet Tissue) are all fully certified by the globally recognized Forestry Stewardship Council (FSC) and priced competitively against other brands. RedMart has also created a ‘FSC’ certified search option and filter within its Paper & Tissue category to encourage its customers to buy sustainably produced products.
We remain deeply committed to supporting sustainably and responsibly sourced products; and encourage our suppliers and partners to adopt sustainable practices in their operations.
RedMart upskills local SMEs with first e-commerce Marketplace concept in Singapore
Singapore, 24 July 2015 – Officially launched today, RedMart Marketplace allows independent sellers to list and sell their products to RedMart’s growing base of customers using the company’s extensive delivery network. RedMart Marketplace offers retailers, wholesalers and distributors an integrated suite of logistics and technology services. Currently there are over 100 independent sellers who have set-up their store on RedMart Marketplace, offering more than 5,000 food, grocery and household products.
Roger Egan, Co-founder & CEO of RedMart, said: “We have been testing Marketplace for 4 months now, and it has been extremely well received by our customers and sellers alike. Looking at all the positive feedback and numbers, we are thrilled to officially launch Marketplace today. Marketplace allows us to expand our product offerings in line with what customers have been asking for, and we are confident that Marketplace will take our RedMart business to new heights.”
Wendy Ng, Manager of Euraco Finefood, said: “RedMart Marketplace is a fantastic way for us to sell to a wide customer base without the worry of setting up our own logistics and delivery network. We have already seen an increase in our revenues and are very excited to be a part of this community. We look forward to celebrating the official launch tonight.”
RedMart has also partnered with SPRING Singapore to extend the Marketplace offering to local SMEs to boost their e-commerce knowledge and capabilities. The partnership with SPRING Singapore will give local SMEs an opportunity to be a seller on Marketplace as part of a business improvement programme, where they will be trained and mentored in all aspects of e-commerce including inventory management, pricing and marketing.
Commenting on the partnership with SPRING Singapore, Roger said: “We are pleased to collaborate with SPRING Singapore to reach out to local SMEs and offer them a platform to elevate their business through e-commerce. The e-commerce scene in Singapore is in an exciting phase and RedMart is happy to share our experience and expertise to upskill the local retailers. We believe Singapore has great potential to become a thriving e-commerce hub and we look forward to doing our part.”
“RedMart is working with SPRING Singapore to support more local SMEs to come onboard the Marketplace platform, as part of our efforts to uplift the e-commerce capabilities and competitiveness of local retailers. Beyond receiving assistance to go ‘live’ and start transacting with customers, participating SMEs will undergo a 6-month business improvement programme to equip themselves with skills to thrive in an e-commerce environment. This will be done through consecutive trainings, performance review, data analytics review and one-to-one coaching sessions with the RedMart team. Such know-how will enable participating SMEs to better engage digital-savvy customers and grow their online sales,” said Mrs Kee Ai Nah, Group Director for Industry & Enterprise Group, SPRING Singapore.
The project with SPRING Singapore will run from 1 September 2015 to 3 August 2016 and through the collaboration, RedMart will mentor around 400 local businesses. At the end of the business improvement programme, the SMEs will be able to continue as a seller on RedMart Marketplace or set up their own e-commerce venture.
In launching Marketplace, RedMart will be hosting a launch celebration for customers, partners and retailers. The launch celebration will offer customers an opportunity to experience the wide range of Marketplace products, meet the sellers and enjoy a range of exclusive giveaways.
Home Cooking Reinvented: RedMart announces the launch of its “Homemade” meal kit category, delivering fresh ingredients and inspiring recipes right to your doorstep.
23 April 2015
RedMart is on a mission to reconnect Singapore to the joy of a home-cooked meal - without the usual hassle. Regular RedMart foodies would have seen the new “Meal Kit” category since January, and now based on the interest and overwhelmingly positive feedback received, Singapore’s leading online grocer has decided to make Homemade by RedMart official.
Singapore Online Grocery Startup RedMart Raises USD 23 Million in Series B Round Led by Garena, SoftBank Ventures, Visionnaire Ventures, and Facebook Co-founder Eduardo Saverin
14 July 2014
RedMart.com, a Singapore-based online grocer, today announces that it has successfully raised a USD 23 Million Series B round from existing investors Garena and Eduardo Saverin as well as new investors Visionnaire Ventures and SoftBank Ventures...
6 March 2014
RedMart.com, a Singapore-based online grocer, today announces that it has hired Sanjeev Bijapur, formerly Lead Solution Architect at Tesco.com, to be Head of Indian Operations...
26 February 2014
RedMart made the #3 listing for Singapore Business Review's "Singapore's 20 hottest startups to watch in 2014"...
24 January 2014
RedMart, a Singapore-based online grocery service, today announced the closing of its oversubscribed $5.4 million bridge round led by Facebook co-founder Eduardo Saverin, PropertyGuru founders Steve Melhuish and Jani Rautianen, JFDI co-founder Meng Weng Wong, restaurateur Wee Teng Wen, and Lion Rock Capital....
DPM Tharman Visits Redmart
13 November 2013
We were honoured to have DPM Tharman and others visit the RedMart office and warehouse, and see first hand how RedMart is using technology to make grocery distribution in Singapore more efficient. Pictures of the visit on our Facebook page here
Press Release: Online Grocer RedMart Optimizes Supply Chain Commerce with Manhattan Associates
SINGAPORE and ATLANTA, Nov. 11, 2013 -- RedMart, a Singapore-based online grocery service, today announced that it has completed three months of seamless operations post the successful implementation of Manhattan SCALE™, a warehouse management system (WMS) developed by Supply Chain Commerce solutions provider, Manhattan Associates (Nasdaq:MANH).
Business Times - 8 November 2013
"Redmart, for example, is one such site that has seen business grow since they started two years ago. It is helmed by Roger Egan and Vikram Rupani who started it two years ago, and who "had both lived in New York and frequently used online grocery services," says Todd Kurie, RedMart's vice-president for marketing. "They were surprised to see that online grocery shopping was not yet popular here, especially given how busy professionals are."
Would you buy groceries online?
RazorTV - 30 July 2013
" Dripping sweat and aching arms are a thing of the past as more Singaporeans take to simply clicking to get their groceries...."
What’s Next For Singapore’s RedMart After Series A Funding?
Tech in Asia - 24 July 2013
"There’s a lot of good news coming out of sunny Singapore this month...RedMart raised about $3.5 million in series A funding from online gaming services provider Garena..."
SME's in Asia face growing funding challenges
CNBC - 21 July 2013
"Access to capital remains a challenge for small and medium sized enterprises." CNBC's Chloe Cho reports on how two very different SMEs, used connections and creativity to clear their financing hurdles.
Online Grocery Store RedMart Raises Series A Round To Stay Put In Singapore
TechCrunch - 17 July 2013
"Singaporean online grocery store, Redmart, just raised an undisclosed Series A round that is “in the millions”, according to co-founder and CEO Roger Egan..."
Singapore-based online grocer RedMart closes Series A round to bring its total funding to $4.6m
The Next Web - 17 July 2013
" Singapore-based online grocery store RedMart has closed its Series A round of funding, the company announced today, bringing its total amount of funding to $4.6 million so far. .."
Is there a talent war in Singapore? Recent RedMart hires might say so
e27 - 10 July 2013
"Singapore-based online grocery service RedMart has announced a few key hires, which indicates startups might be aggressively looking for talent..."
Singapore’s RedMart Gets Bigger Team, Bigger Warehouse,
Tech in Asia - 4 February 2013
"Singapore-based online supermarket RedMart seems to be doing very well these days. At least everything seems to be growing rapidly. According to their most recent update, the good folks at RedMart tell us they have moved to a new 12,000 sq ft. warehouse..."
Singaporean Online Grocery Service RedMart.com Opens New Warehouse
PR Web - 21 November 2012
"Online grocery and home essentials service RedMart.com, today announced that a new 15,000-square-foot warehouse has been secured to service its rapid growth. .."
A dotcom steeped in brick and mortar
Today - 18 October 2012
"Web grocery store RedMart banks on old-fashioned service, same-day deliveries, to win over S’porean customers..."
Does former eBay Marketing Director and myCube VP Marketing joining RedMart signal an impending talent war?
e27 - 14 August 2012
"Singapore’s latest online marketplace for household goods RedMart, just announced that they are joined by Todd Kurie, the former Director of Marketing at eBay..."
"A personal experience of inconvenient online groceries purchase spurred Co-founders, Roger Egan, Vikram Rupani and Rajesh Lingappa to create a more efficient online marketplace for groceries and household essentials called RedMart. ..."
RedMart Bags Money From Co-founder of Skype, Launches in Singapore
Tech in Asia - 16 January 2012
"RedMart.com is an e-commerce site built for busy folks to buy your everyday goods (like milk, rice, coffee, etc) online. You select the goods that you want, pay online, and RedMart will deliver to your doorstep..."
Meet RedMart, the latest (and greatest?) online mart in Singapore
SG Entrepreneurs - 12 January 2012
"All busy Singaporeans will be happy to know of yet another online store that brings household products right to one’s very doorsteps..."
These former investment bankers are changing grocery shopping in Singapore
SG Entrepreneurs - 14 January 2012
"The next time you read in the papers about how supermarkets in Singapore are evolving and migrating online, remember that two former investment bankers could very well have played a major role in shaping the landscape..."