eCommerce
Katadata: 67 percent of Indonesia’s population not active e-commerce users
Katadata Insight Center and Evermos report has found that Offline channels are crucial for business success for local Indonesian brands, and 67 percent of Indonesia's population is not active e-commerce users.
Indonesia bans e-commerce transactions on social media platforms such as TikTok – report
The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding that predatory pricing on social media platforms is threatening small and medium-sized enterprises.
Indonesia may issue regulation on social media e-commerce – report
"What the people are expecting is that the advancement of technology can create new economic potential, not kill existing economies," Jokowi said.
Optimizing online checkout: Bridging the gap between gaining customers and losing them
While your #checkout process is not the sole factor for customer conversion, it is often an underestimated aspect of sales success. Checkout optimization is certainly not a one-time-only exercise, it requires frequent refinement and testing. But with a myriad of tools available to merchants, building a frictionless checkout experience has become so much…
The game changer for online retail in Asia: Digital shelf AI-driven analytics and beyond
A digital shelf analytics platform is crucial. In the context of #ecommerce, a digital shelf is the online version of product shelves at a brick-and-mortar store. It is a collection of digital experiences through which consumers discover, learn about, compare, and ultimately make purchases of products. Digital Shelf platforms provide #AI-powered insights…
Singapore-headquartered SHEIN allocates additional $85M for global community empowerment
SHEIN, a global, integrated, fashion and lifestyle marketplace , announced Thursday that it is allocating an additional $85 million over five years towards initiatives that support the "Equitable Empowerment" pillar of its evoluSHEIN roadmap. This is in addition to $70 million already committed in April.
Singapore’s sneaker marketplace Novelship bags $9.5M in Series B funding round led by East Ventures
The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and optimising its environmentally-conscious delivery process.
How to effectively start your social selling journey
#SocialSelling has been an effective way for businesses to boost the effectiveness of their sales efforts. 78 percent of businesses that effectively leverage social selling’s non-intrusive and relationship-based approach outperform their competitors.
Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia
The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.
Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Carsome is ready for an initial public offering (IPO) but is in no rush to list.
