eCommerce

More than e-commerce, PH’s Internet Transactions Act will propel even more demand for local fintech

More than e-commerce, the ITA promises to become a significant driver of the development of #fintech segments related to #ecommerce — digital-forward banking, #ewallets, and digital lending.

Sea’s revenue up 22.8 percent year on year in first quarter

Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.

Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year

Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.

​​The hidden secrets of building a successful ecommerce brand in Singapore

By leveraging niche opportunities, cultivating a compelling #brand identity, prioritizing customer satisfaction, and embracing innovation, founders can navigate the complexities of the #ecommerce landscape and build brands that resonate with consumers while achieving long-term success.

Indonesia’s Bukalapak posts positive EBITDA for the first time in first quarter

PT Bukalapak.com Tbk, an Indonesian e-commerce company, has posted a positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the first time at Rp 15 billion ($921,687), underpinned by higher revenue.

person holding black samsung android smartphone

Eliminating frustration and friction from the digital experience to deliver stronger e-commerce outcomes

Designing a customer-first experience is easier said than done and, without the right tools, can seem like a daunting challenge. However, a wealth of customer information already exists to help—every click, hover, and scroll on your website is teeming with valuable insights on customer intent, confusion, and experience, giving you a holistic view of how…

Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report

Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.

BuildMart PH Technologies invests in builders online marketplace for Hubware

BuildMart PH Technologies, Inc., the Philippines-based business to business (B2B) e-commerce platform that connects manufacturers with hardware stores, has invested an undisclosed amount to Hubware Corporation, an online marketplace for builders, hardware stores, and construction suppliers.

Shopee doubles down on operational and logistics investments in Malaysia

Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.

Carousell acquires Singapore’s luxury bag reseller LuxLexicon

Carousell Group, a multi-category platform for secondhand in Greater Southeast Asia, has acquired the business of Singapore’s luxury bag reseller and authenticated luxury consignment platform LuxLexicon.