eCommerce

Overcoming fraud challenges in the BNPL space

In the long run, an effective fraud protection strategy will enable businesses to scale with confidence as they offer new payment services, add to product offerings, or even expand their business across borders.

Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products

Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.

Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group

Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.

India’s Pine Labs makes significant investment in Mosambee, boosting latter’s valuation to $100M

India-based merchant commerce platform Pine Labs announced Wednesday that it has made a significant majority investment into Mosambee, a end-to-end payment solution provider in India. This investment will now value Mosambee at upwards of $100 million.

Malaysia marketing tech firm Involve Asia expands to Vietnam

Vietnam is an important market for Involve Asia as it is one of the fastest-growing economies in Southeast Asia with a vibrant and technologically savvy population, Involve Asia Chief Executive Officer and Founder Jimmy How said.

Temasek-backed Zilingo is said to suspend CEO amid probe – report

The concerns center on the way that Zilingo accounted for transactions and revenue across a platform spanning thousands of small merchants, the report said.

Indonesia tech giant GoTo shares close 13% up on market debut

GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.

Hong Kong wholesale platform Peeba gets $4.2M seed funding led by Headline Ventures

Peeba, the online business to business (B2B) wholesale platform in Hong Kong, said Thursday it has secured $4.2 million in seed funding led by Headline Ventures.The company will use the funds to deepen its localization efforts across 11 Asia Pacific (APAC) countries, as well as to further build out the machine learning technologies underlying its platform.

Japan’s AnyMind Group launches e-commerce management platform AnyX

AnyMind Group, an end-to-end commerce enablement company in Japan, announced Wednesday the launch of AnyX, a one-stop e-commerce management platform for individuals and businesses that connects various e-commerce channels and AnyMind Group’s various platforms for manufacturing, e-commerce enablement, conversational commerce, marketing and logistics.