eCommerce

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.

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 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.

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…

Malaysia's digital economy is poised to reach $31 billion in gross merchandise value (GMV) in 2024, an increase of 16% from 2023 according to the latest e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company.

Global commerce technology company Shopify Inc. and Malaysian logistics and technology solutions provider GDEX Berhad (GDEX) are teaming up to help Malaysian retail businesses enhance their online commerce experience and expand market reach.

Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers.

ASEAN-6 (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines)'s business to consumer (B2C) e-commerce export revenue for is expected to reach $30.4 billion in 2028, a report commissioned by Amazon Global Selling showed Wednesday.

Singapore's consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024, underpinned by higher e-commerce growth.

Both Temu and Shein are facing increased scrutiny and legal challenges. Last month, Indonesia has requested Apple and Google to block Temu from their app stores to protect small merchants from competing with ultra-cheap items.