eCommerce
Future-proofing your business? Begin with payments
For online-focused merchants, the value of investing in payments has long been recognized. Payments are the most direct gateway to their customers, inextricably tied to the growth…
Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng
Editor’s note: TechNode Global’s signature Southeast Asia-focused tech event, ORIGIN Conference, will be held on May 11 as one of the BEYOND Week events in Macao. Join us if you…
Singapore’s eCommerce web design agency Verz Design raises $2M in Series A round
Verz Design, a Singapore-based web design agency and digital solutions agency, has on Tuesday announced that it has secured a $2 million investment from Meetsocial, a China-based…
Apple launches ‘Buy Now, Pay Later’ service in US
iPhone maker Apple has introduced 'Buy Now, Pay Later' service in the US, rivaling the BNPL offerings popularized by PayPal Holdings Inc and Affirm Holdings Inc. The tech giant…
Alibaba to host conference call on Thursday to discuss split plans – report
Alibaba Group Holding Ltd will be hosting a conference call on Thursday, the company said on Wednesday, to discuss its plan to split into six units and explore fundraisings or…
Sea’s revenue rises 25.1% year-on-year to $12.4B in 2022
Sea Limited, Singapore-based e-commerce giant, said Tuesday that its revenue rose 25.1 percent year on year to $12.4 billion in 2022, underpinned by e-commerce growth. The group…
Grab retires $600M in 2026 debt with extra cash – report
Southeast Asia-based super app Grab Holdings Ltd said Monday it prepaid $600 million in debt ahead of a 2026 maturity, taking advantage of excess cash on its balance sheet,…
Grab has liquidity to drive operations, says S&P Global Ratings
Southeast Asia-based super app Grab Holdings Ltd is on course for positive profitability and cash flow by 2024-2025. The Singapore-based company continues to expand scale while…
Southeast Asia’s used motorcycle platform iMotorbike targets $20M revenue in 2023
Southeast Asia's used motorcycle platform iMotorbike, which raked in $2.5 million of revenue in its first year of operations, aims for a 8 times growth in 2023. “We clocked $2.5…
Carousell integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
Carousell Group, the Singapore-based multi-category platform for secondhand, has integrated the Laku6 team's expertise and proprietary artificial intelligence (AI)-first…
