eCommerce
Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
Indonesia e-commerce firm Bukalapak to stop selling physical goods – report
Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.
Maybank positive on Indonesia’s new economy
Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path.
Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia
Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country.
Malaysia’s Carsome: 2025 will set the stage for the next decade of growth
"2024 was a landmark year for CARSOME with our focus on sustainable growth, profitability, and innovation bearing fruit. We delivered three consecutive profitable quarters this year and are well on the road to a full year of profitability," said Carsome Co-Founder and CEO Eric Cheng.
Vietnam’s OnPoint acquires Thailand’s CREA to strengthen e-commerce leadership in Southeast Asia
OnPoint, a Vietnam-based E-commerce enabler, has on Wednesday officially announced its acquisition of CREA, a Thailand-based e-commerce enabler, to strengthen its e-commerce leadership in Southeast Asia.
Maybank expects e-commerce/on-demand services growth for Singapore internet firms to be sustained over the medium term
Maybank Investment Bank said Monday that it expects core e-commerce/on-demand services growth of internet companies in Singapore to be sustained over the medium term owing to under-penetration.
Vietnam’s Kamereo secures $7.8M Series B funding to accelerate growth
Kamereo International, which operates a business to business (B2B) food supply e-commerce platform in Vietnam, has raised $7.8 million in its Series B funding round.
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
