eCommerce
Southeast Asia’s platform e-commerce GMV reaches $128.4B; top 3 platforms increase market share to 84 percent
Platform-based ecommerce in the Southeast Asia region reached $128.4 billion in gross merchandise value (GMV) in 2024, representing a 12 percent year-on-year growth, Momentum Works said Wednesday in third edition of its Ecommerce in Southeast Asia report.
POP MART connects with Southeast Asia’s Toy Collectors through Lazada
China-based toy company POP MART has connected with Southeast Asia’s Toy Collectors through Lazada.
Gen AI could unlock $131B annual value in Southeast Asia’s Ecommerce by 2030: Momentum Works & Lazada report
High adoption of generative artificial intelligence (AI) could unlock $131 billion annual value in Southeast Asia’s ecommerce ecosystem, according to a new report jointly released by Momentum Works and Lazada.
Maybank sees limited risk for Sea from MELI’s competitive ante
Maybank Investment Bank has foreseen limited risk for Singapore-based technology giant Sea amid Mercado Libre’s (MELI)' competitive ante.
Maybank sees strong momentum sustained for Sea
Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.
Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.
Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee
Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.
GoTo announces resignation of members of board of directors, commissioners
Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners.
Bukalapak’s first quarter revenue up 37 percent q-o-q on growth in gaming and retail segments
PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.
Taking control of your payments: Why payment orchestration is becoming a necessity
As e-commerce matures across APAC, the businesses that win will be the ones that offer seamless, local, and trusted payment experiences. Trying to stitch together a patchwork of PSPs manually is no longer sustainable.
