eCommerce
Techmurah partners Asia Pacific University of Technology & Innovation to nurture green tech youth entrepreneurs
Techmurah, a Malaysia-based electronic devices e-commerce platform, on Monday announced its collaboration with Asia Pacific University of Technology & Innovation (APU) to nurture green tech entrepreneurs among youth to create a greener environment.
Indonesia’s Bukalapak revenue grows by 86 percent year on year in 3Q
Indonesian e-commerce company Bukalapak announced Monday that its revenue grew by 86 percent year on year to IDR 898 billion ($57.58 million) in the third quarter of 2022 (3Q22), underpinned by strong performance of its online-to-offline solution Mitra Bukalapak.
Southeast Asia’s digital economy expected to hit $200B GMV in 2022, report
Southeast Asia’s digital economy is on track to hit $200 billion gross merchandise value (GMV) in 2022, three years earlier than was anticipated in the inaugural report shared in 2016, said Google, Temasek and Bain & Company in its released seventh edition of the e-Conomy SEA report.
Indian live-commerce platform Shopr.TV raises $1.7M seed capital from BEENEXT, Y-Combinator and others
Shopr.TV, an India-based live-commerce platform, announced that Tuesday it has raised $1.7 million seed capital from reputed global institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more.
Indonesia e-commerce group Blibli plans up to $528M IPO next month – report
The IPO plan follows the $1.1 billion IPO of GoTo Group, Indonesia's biggest tech firm, earlier this year and the 2021 $1.5 billion IPO of BukaLapak.
China’s Baozun sets up regional headquarters in Singapore
Baozun Inc., the leading e-commerce service partner that helps brands execute their e-commerce strategies in China, announced Thursday its new regional headquarters in Singapore, as it seeks to drive e-commerce innovation and bring a competitive advantage to brands in Southeast Asia (SEA).
Thailand’s Konvy raises $10M from Insignia Ventures
Thailand-based beauty e-commerce platform Konvy said Tuesday it has raised $10 million from Insignia Ventures Partners in a Series A round. Previously, Konvy had raised seed funding from Alpha Founders Capital and ECG Ventures Capital.
Vietnam’s Piktina raises $1M seed funding from Touchstone Partners
Piktina, an online marketplace for secondhand fashion in Vietnam, announced Tuesday it has raised $ 1 million in a seed round from Touchstone Partners, a Vietnam-focused venture capital firm.
How to beat the bots in 3 steps
The November season is now arguably the highlight of APAC’s retail calendar alongside the Lunar New Year. But for retail brands coming under sustained bot attacks, the season of merriment can quickly become one of stress. However, retail marketers who prepare and act swiftly will be counting their investment returns, and not their losses, once the shopping…
Malaysia’s Carsome banks on digital banking to complement existing car business
In the interview, Kee also shared the opportunities Carsome sees in building a digital bank in Malaysia and the competitive edge it has against others. He, however, declined to comment on the launching timeline of the digital bank.
