The online marketplace has added $20m from Taiwan Mobile to a round with a reported $200m target for its final close.

Mobile network operator Taiwan Mobile has added $20m to a series E round for Vietnam-based e-commerce platform developer Tiki Corporation that now stands at $120m, Taipei Times reported yesterday.

Tiki operates a diversified online marketplace that offers customers delivery within a two-hour timeframe. Taiwan Mobile intends to form strategic collaborations between the company and its own e-commerce offering, Momo.

An undisclosed strategic investor led the series E round’s first tranche last month, and it has a $200m target for…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.