eCommerce

Singapore’s superapp Grab posts $1.95B revenue, $355M profit in H1/2026, bets on AI for growth

Grab, the Singapore-based superapp, reported revenue of $1.95 billion for the first half of 2026, up 23 percent year-on-year, with profit for the period of $355 million compared with $30 million a year earlier, Grab said in its quarterly review released on Tuesday.

Jaewha Choi of Bunjang on AI authentication and trust in cross-border recommerce [Q&A]

Jaewha Choi, CEO of Bunjang, discusses why AI-assisted authentication, buyer experience, and trusted transaction infrastructure are becoming critical as cross-border recommerce scales across Asia.

Bukalapak maintains positive adjusted EBITDA amid increased revenue

PT Bukalapak.com Tbk, the Indonesian e-commerce company, has maintained positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) amid increased revenue the first half.

Egypt’s Fincart raises $2.8M seed round to expand e-commerce platform across Africa, Middle East

Egypt-based Fincart, a shipping platform, has closed an oversubscribed $2.8 million seed funding round co-led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari Venture Labs, and other MENA and Africa-focused investors.

Germany’s travel booking platform Omio raises $10M to expand in Japan, Southeast Asia

Berlin-based multimodal travel booking platform Omio has raised $10 million in a strategic investment from Granite-Integral to accelerate its expansion in Japan and strengthen its presence across Southeast Asia.

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Southeast Asia’s e-commerce problem isn’t growth; It’s keeping up with it

Southeast Asia’s e-commerce opportunity is real, and it’s large. But the brands that capture it won’t necessarily be the ones with the largest marketing budgets. They'll be the ones that have figured out an integrated strategy and operations across fragmented platforms, increasingly complex consumer journeys, and markets that each demand genuine local…

Animoca Brands pilots AI agent-powered commerce with Visa in Hong Kong

Animoca Brands has completed a live pilot of AI-powered commerce capabilities developed in collaboration with Visa, enabling AI agents on its Minds platform to identify relevant Visa rewards and complete purchases on behalf of users at selected merchants in Hong Kong.

Google unveils video commerce tools for Southeast Asia as YouTube shopping videos hit 6M

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.

Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.

Agentic commerce can reach 1.3B users by 2031: Juniper Research

The number of agentic commerce users can reach 1.3 billion by 2031, up from less than 300 million this year, according to the newly-released "Agentic Commerce Market: 2026-2031" study conducted by Juniper Research.