eCommerce

Car marketplace Carro sets up S$450M car-loan securitisation, first in Singapore

Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.

Taiwan blocks Delivery Hero’s $600M foodpanda food courier sale to Grab

Taiwan's Fair Trade Commission (TFTC) has declined to approve the sale of Germany-based Delivery Hero's food courier business foodpanda in Taiwan to Singapore's super app Grab, blocking a $600 million deal agreed in March.

Hong Kong-based FundPark secures $250M from Bain Capital to expand e-commerce lending

Bain Capital will provide up to $250 million in financing to FundPark, a Hong Kong fintech company that lends to small and medium-sized e-commerce businesses, to support the latter's next phase of growth.

Southeast Asia digital economy can reach $368B GMV in 2026, AI usage to surge

Southeast Asia's digital economy can grow 17 percent to $368 billion in gross merchandise value (GMV) in 2026 and exceed $1 trillion by 2035, according to the 11th annual e-Conomy SEA report by Google, Temasek and Bain & Company.

ShopBack adds TADA ride-hailing to ShopBack Pay in Singapore

ShopBack and TADA have partnered to let eligible Singapore riders pay for trips through ShopBack Pay and receive cashback.

Eric Cheng, co-founder and group chief executive of CARSOME

CARSOME’s Eric Cheng on building sustainable used-car unit economics [Q&A]

CARSOME CEO Eric Cheng discusses used-car inventory, pricing discipline, financing, customer trust and the role of AI.

J&T Express Q3 parcel volume rises 24.8% to 9.58 billion

J&T Express said it handled 9.58 billion parcels worldwide during the third quarter of 2026, an increase of 24.8 percent year over year.The Hong Kong-listed logistics provider reported an average daily parcel vo

[Malaysia Budget 2027] Khazanah’s Jelawang Capital, KWAP’s Dana Perintis to invest $110M in startups

According to Anwar, Malaysia's economy is projected to expand by a commendable 4.2 percent to 5.2 percent in 2027. Growth in 2026 is projected at between 4.8 percent and 5.3 percent.

62% of Vietnamese buyers use AI to research purchases, Q&Me Survey Finds

As many as 62 percent of Vietnamese buyers utilize AI, including generative AI, to research before making purchase decisions, according to a survey of local market research firm Q&Me.

Alibaba Cloud and AnyMind Group logos

AnyMind adds Alibaba Qwen models to AnyLive’s AI commerce stack

AnyMind Group is integrating Alibaba's Qwen models into AnyLive to improve real-time intent analysis and Asian-language responses for AI-led live commerce.