eCommerce

Digital payments are no longer just ‘nice-to-have’ but are now ‘must-have’ in business strategy, says 2C2P’s Aung Kyaw Moe [Q&A]

As the world becomes increasingly digital, there is an opportunity to ride on the growth of digital payments and provide secure and reliable financial services to meet the ever-changing needs of consumers here in the region. We expect to see a further acceleration in the adoption of digital payments in Southeast Asia as digital payments are no longer a…

Singapore-based RtistiQ launches Southeast Asia’s first online NFT-driven art marketplace

The online art marketplace leverages blockchain, non-fungible tokens (NFT) and near field communication (NFC) to provide provenance tracking and ensure authenticity of the artwork.

Singapore online marketplace Carousell becomes Southeast Asia’s latest unicorn after raising $100M

The latest funding round also came after Carousell raised $80 million in an investment round led by South Korean tech giant Naver in September last year.

3 Reasons why Southeast Asia’s e-commerce is set to explode

An e-commerce aggregator, iPrice Group, analyzed the most visited e-commerce platforms in Southeast Asia to predict where the market is heading towards and what exciting developments we can expect from the year-end shopping frenzy. Here are 3 key predictions on the success of Southeast Asia’s e-commerce industry for the rest of the year.

Malaysia-listed payment firm GHL teams up with BNPL startup Atome to expand across ASEAN

In Malaysia and Singapore, merchants who opted for Atome’s BNPL experienced an average 17 percent increase in their ticket order size.

How Carsome became Malaysia’s largest tech unicorn – with a little help from a friend

Gobi Partners’ continued faith and multiple investments into Carsome paved the way for the e-commerce platform to dominate Southeast Asia’s used car scene, en route to becoming Malaysia’s first and largest unicorn.

Funding, talent & decision-making are the biggest challenges for innovators, says SoftBank Ventures Asia’s JP Lee [Q&A]

In this TechNode Global Q&A with JP Lee, Chief Executive Officer and Managing Partner of SBVA, he discusses the trends shaping innovation in the region, as well as the challenges faced by innovators, including talent, resources, and decision-making. He believes that there is a big opportunity for innovators to deliver value to both consumer and enterprise…

Carsome

Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia

Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.

Thailand hobby-focused commerce startup Mercular extends Series A fundraise, ropes in Thai retail conglomerate Central Retail

The funding will be deployed to create an all-encompassing community-like shopping experience for the hobbyists.

Indonesia e-commerce firm SIRCLO bags $36M funding from East Ventures, Saratoga, Traveloka

The funding aims to further develop SIRCLO’s technological capabilities and accelerate the retail digitalization for various businesses all across Indonesia.