News and Announcements
Stashd App Secures Deal with Online Shopping Giant Tencent
- Published October 25, 2016 3:01PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
24th October 2016, The Australian By Glenda
Jessica Wilson, CEO and Founder of Stashd, has secured a deal with internet giant Tencent.
The largest app store in China, Tencent, has taken a 10 per cent stake in Stashd and TenCent Leilai will become a strategic shareholder to help with the localisation and expansion into China. Stashd will be assisted with local marketing teams, recruitment assistance, access to the market through their app store working from the TenCent Innovation Centre in China.
Tencent is the owner of the largest app store in China (700 million users) and the largest social network in China (WeChat). Stashd will integrate into WeChat and with WeChat pay for optimal localisation.
The deal was secured after Jessica a Sydney-based entrepreneur, featured as a global finalist in reality television show The Next Unicorn, a combination of Shark Tank and The Apprentice. The show also helped with the exposure of Stashd in China, with a viewing audience of more than 15 million Chinese. Stashd featured within the best new apps of the TenCent app store three weeks after launch.
The vision is to make Stashd the go-to app for Chinese millennials to shop western fashion.
To view the full article, please click on the button below.
Company Updates
Capital Is Flowing – Just Not to Everyone: Inside Australia’s $1.8 Billion Q1 2026
Australia’s startup ecosystem opened 2026 with a number that demanded attention. In the first three months of the year, $1.8 billion was raised across 81 venture deals and 26 accelerator rounds. That makes Q1 2026 the strongest start to a year since the 2022 boom, up 63% on Q1 2025, and more than double the […]
The control layer for the electrified home
THE MARKET SHIFT Australian households have been pulled into a real-time energy market they never knowingly signed up for. Flat electricity tariffs are disappearing. In their place: dynamic, time-of-use pricing that changes depending on when power is consumed. Electricity is now cheapest when solar floods the grid in the middle of the day — and […]
500 Million Episodes, Limited Treatment: How Patrys is Bridging the Gap in an Underserved Market
In the clinical vocabulary of the Intensive Care Unit, there is perhaps no word that carries as much quiet dread as delirium. It is a “chemical storm” of the brain—an acute dysfunction where the delicate balance between calming and activating signals is scrambled. For the patient, it can be a waking nightmare of hallucinations and […]
Backed By Leading Investment Groups and Family Offices
