SEA
ASEAN-6 B2C e-commerce export revenue seen to reach $30.4 billion in 2028 : Amazon Global Selling
ASEAN-6 (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines)'s business to consumer (B2C) e-commerce export revenue for is expected to reach $30.4 billion in 2028, a report commissioned by Amazon Global Selling showed Wednesday.
Singapore’s Sea revenue up 30.8 pct on year in third quarter
Singapore's consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024, underpinned by higher e-commerce growth.
BlackRock, MAS, IFC, MUFG, NEXI, AIA team up to boost decarbonization investment in Asia
BlackRock, Monetary Authority of Singapore (MAS), International Finance Corporation (IFC), Mitsubishi UFJ Financial Group (MUFG), NEXI, and AIA Group have teamed up to boost decarbonization investment in Asia with a focus on Southeast Asia.
Intudo raises $125M to bring the world to Indonesia & Indonesia to the world
Intudo Ventures announced the closing of $125 million across two investment funds—Intudo Ventures IV, LP, a $75 million venture fund, as well as a $50 million fund that will invest in downstreaming natural resources and renewable energy.
China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation
The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.
Southeast Asia countries lead Chinese app install share globally: Adjust study
Southeast Asia (SEA) countries have led Chinese app install share globally, Adjust said in a study on Monday.
Lazada launches AI shopping assistant to boost sales
Lazada Malaysia has on Thursday introduced AI Lazzie – a new, integrated shopping assistant that transforms how shoppers navigate, discover, and shop on the platform.
Digital economy will reach $263B in GMV next year, says report
Google, Temasek, and Bain & Company have projected that the digital economy in Southeast Asia (SEA) will reach $263 billion in gross merchandise value (GMV) in 2024, a 15 percent increase over last year.
Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia
Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.
S&P : EV makers to bet $20B on South and Southeast Asia
Electric vehicle makers is projected to bet $20 billion on South And Southeast Asia (SSEA), S&P Global Ratings said Wednesday.
