eCommerce

The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.

TikTok Shop plans to train at least 1,000 local sellers by the end of 2027 and more than 3,000 creators by the end of 2026 for the e-commerce ecosystem in Singapore, according to a statement of TikTok on Tuesday.

Singapore’s digital payments market is mature. The next competitive test is whether merchants can keep checkout fast, reliable, and trusted when demand peaks.

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

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-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.

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.

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 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.