eCommerce

Malaysia’s iPrice launches price comparison platform in Australia

IPrice Group, a Malaysia-based e-commerce technology company, has launched its price comparison platform in Australia. With the launch of iPrice.au, iPrice stands apart in the Australian market with its unique ability to compare and curate offers at the same scale that has led to their dominance across Southeast Asia (SEA).

Online wholesale marketplace Markato launched in Hong Kong

Markato, an online wholesale marketplace for independent retailers and buyers in Asia, has on Tuesday announced its official debut in Asia, launching first in Hong Kong. Markato will expand its footprint across the region beginning with Singapore in the coming months, to unlock the Southeast Asia hub’s B2B wholesale and retail opportunity.

PriyoShop’s Dipty Mandal on providing digital solutions for traditional retail [ORIGIN Innovation Awards Q&A]

"PriyoShop aims to create a perfect ecosystem for MSMEs by solving their end-to-end problems in terms of the supply chain, finance, managing their SKUs, and credit profiling. We are also going to launch a fintech solution called BNPL (buy now pay later) in collaboration with financial institutions to solve MSMEs' financial problems that will ensure their…

Online grocery firm Zepto raises $200M at $1.4B valuation, emerges as Indian first unicorn this year

Founded in July 2021, Zepto plans to go public in the next two to three years.

Singapore’s SEA reports higher revenue and profit in the second quarter

Singapore-based tech conglomerate Sea Limited has reported higher revenue and profit in the second quarter, underpinned by improved e-commerce businesses. The group's total revenue for the second quarter rose 5.2 percent year on year to $3.1 billion. It posted a total net income of $331 million in the second quarter, as compared to total net loss of $931.2…

Indonesia’s GoTo narrows losses in second quarter, closer to profitability

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reported losses in the second quarter and it is on track for profitability. The firm's adjusted losses before interest, taxes, depreciation, and amortization narrowed to 1.2 trillion rupiah ($78.25 million) in the second quarter, driven by improved monetization and ongoing…

Indonesian e-commerce platform Uway announces $500M financing

Indonesian e-commerce platform Uway has on Thursday announced a new round of financing of $500 million. The firm will utilize this new round of financing to enhance its supply chain technology.

Indonesia’s Bukalapak confident in turning profitable by the fourth quarter of 2023

Indonesian e-commerce company Bukalapak is more confident in delivering its long-term mission of turning profitable by the fourth quarter of 2023 after having posted six sequential quarters of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improvement.

Focused mother working on laptop near disturbing daughter

Why website personalization is key to winning in Southeast Asia’s e-commerce space

In #SoutheastAsia, website personalization based on a customer’s in-session attributes, such as location, device type, or browsing behavior, can help businesses tailor web content and functionality to the region’s diverse preferences and needs. Relevant and localized content can improve the customer experience and build trust across geographies, while…

Mimin: Transforming chat commerce and supporting MSMEs in Indonesia [Q&A]

Mimin co-founders Bayu Eka Putra and Joseph Simbar shed light on how their #AI chat commerce #automation and order management platform is bolstering digital transformation for #MSMEs in #Indonesia.