eCommerce

Lazada Whitepaper reveals 88 percent of consumers make purchasing decisions using AI

Lazada Whitepaper has revealed that 88 percent of consumers make purchasing decisions using artificial intelligence (AI), and 83 percent are willing to pay for AI-enhanced shopping experiences.

Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India

The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.

Malaysia’s Borong partners Maybank to launch country’s first B2B halal marketplace

Salaam Market is designed to empower local SMEs by integrating Halal certification support and financial services, paving the way for these businesses to navigate the complex Halal market and expand their reach internationally.

Indonesia blocks e-commerce app Temu over regulatory violations – report

Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.

Malaysia’s online crime cases increase 35.5 pct in 2023 with e-commerce crime accounts for 33.2 percent

Malaysia's online crime cases increased 35.5 percent year on year to 34,532 cases in 2023 from 25,479 cases in the previous year, with e-commerce crime accounted for 33.2 per cent, official data showed Wednesday.

Maybank sees Bukalapak a potential candidate for TEMU

Maybank Investment Bank sees Indonesian e-commerce firm Bukalapak as a potential candidate for TEMU, an online marketplace operated by the Chinese e-commerce company PDD Holdings, due to its leaner business model.

Indonesia government bans Chinese e-commerce app TEMU – report

The decision to block TEMU was driven by the increasingly massive threats posed by foreign products on domestic MSMEs online and offline.

Maybank: new monetization avenues to help Sea Ltd to achieve margin targets sooner

Maybank Investment Bank said Wednesday that new monetization avenues will help Singapore-based tech conglomerate Sea to achieve margin targets sooner.

MAS directs Singapore e-commerce platform Qoo10 to suspend payment services

The Monetary Authority of Singapore (MAS) announced Monday that it has directed e-commerce platform Qoo10 Pte Ltd (Qoo10) to suspend the provision of all payment services cin Singapore from Tuesday.

MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities

Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.