eCommerce
Maybank raises Sea’s revenue and adjusted EBITDA estimates
Maybank Investment Bank has raised Sea's full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent.
Sea’s revenue, earnings rise in second quarter
Singapore-based technology conglomerate Sea Limited has reported higher revenue and earnings in the second quarter, underpinned by growth in all business segments.
DBS sees up to $1.3B opportunity in live commerce market in Singapore
Live commerce, otherwise known as livestream shopping, is growing into a major sales channel in Singapore, with the market set to generate up to $1.3 billion in sales this year, according to new research by DBS.
Maybank sees slight concerns for Shopee in Brazil amid MELI’s competitive moves
Maybank Investment Bank has foreseen slight concerns for Singapore-based technology conglomerate Sea Ltd's e-commerce arm Shopee in Brazil amid MercadoLibre (MELI)'s several competitive moves.
Singapore’s Carro preparing for US IPO with over $3B valuation – report
The unicorn is aiming for a valuation of more than $3 billion, Reuters reported.
TikTok Shop doubles global GMV in H1 with U.S. market hitting $5.8B: Momentum Works & Tabcut report
TikTok Shop doubled its global gross merchandise value (GMV) in the first half of 2025, with U.S. market hitting $5.8 billion, Momentum Works & Tabcut report showed last Friday.
Bukalapak’s revenue grows 12% quarter-on-quarter in 2Q
Indonesian e-commerce company Bukalapak announced Wednesday that its revenue for the second quarter grew by 12 percent quarter-on-quarter to Rp 1.6 trillion ($97.6 million), driven primarily by strong performance in the gaming and investment segments.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
Maybank sees Indonesia’s new tax has minimal impacts on e-commerce platforms
Maybank Investment Bank said Wednesday that it sees minimal impact from Indonesia's new tax on e-commerce platforms as it believes consumers can absorb the 0.5 percent tax.
South Korea’s re-commerce platform Bunjang further expands into Singapore
Bunjang, a South Korea's customer-to-customer (C2C) secondhand marketplace platform, has reaffirmed its commitment to Singapore as a strategic growth engine in its broader Asia strategy.
