eCommerce
Alipay launches agentic commerce platform in China to bring AI tools to merchants
Chinese payments and digital-services company Alipay launched China's first full-stack agentic commerce platform, giving merchants tools to move from digital operations to services run by AI agents, at a partner conference in Hangzhou.
White House Transshipment report names 9 of 10 ASEAN members, but no tier-1 risk
The White House's "The Great Transshipment Scam" report on illegal transshipment, released in August 2026, names nine of the ten ASEAN member states among the roughly 40 jurisdictions it identifies as part of a global "Shadow Transshipment Network."
Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue
SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.
Malaysia remains Grab’s biggest revenue source with $622M in H1/2026
Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.
Maybank sees Shopee margins bottom and enter more sustained expansion phase
Maybank Investment Bank said Wednesday that Singaporean technology firm Sea's results and its management positive expectations have reinforcing its view that Shopee margins have bottomed and are entering a more sustained expansion phase.
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
Singapore’s Graas raises $17 million Series B, acquires product-data startup Trustana
Graas, a Singapore-based retail commerce AI company, has raised $17 million in a Series B round and acquired Trustana, a Singapore-based product-data platform.
Singapore’s Sea Ltd Q2/2026 revenue jumps 48.1% to $7.8B
Singapore's Sea Ltd, known for operating Shopee as the biggest e-commerce platform in Southeast Asia, reported a revenue of $7.8 billion for the second quarter of 2026, up 48.1 percent year-on-year.
Vietnam fines Grab $50,000 for consumer protection violations
The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.
TikTok Shop targets 1,000 Singapore sellers, 3,000 creators for training as GMV grows 1.7x
TikTok Shop plans to train at least 1,000 local sellers by the end of 2027 and more than 3,000 creators by the end of 2026 for the e-commerce ecosystem in Singapore, according to a statement of TikTok on Tuesday.
