eCommerce

Singapore’s Carousell Co-Founder Lucas Ngoo to step down

Ngoo said he will continue to have full vested interests in the success of Carousell as a co-founder, board director and shareholder, and have full confidence in our business and leadership team.

SIRCLO partners with Shopify to enhance E-Commerce capabilities

SIRCLO, a an omnichannel commerce enabler in Indonesia has announce its partnership with Shopify, the global e-commerce powerhouse, to enhance its e-commerce capabilities. This alliance is set to transform the online retail experience, combining the strengths of both companies to offer superior e-commerce platforms in Indonesia.

Alibaba’s Lazada cuts staff across Southeast Asia; reorganization plan to be announced soon – source

The new reorganisation plan will be announced by Jan 15, sources said.

Alibaba’s Southeast Asian arm Lazada marks new year with layoffs in Singapore – report

Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.

GoTo Group, TikTok, and University Gadjah Mada to collaborate to develop Indonesia’s digital talent

PT GoTo Gojek Tokopedia Tbk (GoTo), Indonesia’s largest digital ecosystem, and TikTok, the global entertainment platform, have partnered Gadjah Mada University (UGM) to develop Indonesia’s digital talent. The duo have signed a memorandum of understanding with UGM to partner in the establishment of the GoTo x TikTok x UGM Technology Center - a digital talent…

GoTo receives validation from SBTi on its net-zero target

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Thursday announced that its near and long-term greenhouse gas emissions reduction targets across all the countries it is present in have been validated by the Science Based Targets initiative (SBTi).

person holding smartphone beside tablet computer

Beyond eastern borders: Exploring 2024 Asia Pacific payment trends 

In a region that one could argue is the birthplace of #QR code-based payments and #ewallets, the further adoption of mobile technology and digital wallets across the region has accelerated demand for cashless #payments faster than ever before, and in turn, greatly improved financial inclusion. With so much progression in 2023, what lies ahead in 2024 in the…

gray and blue Open signage

Beyond recurring revenue: What e-commerce companies need to successfully expand overseas

Access to reliable funding is just the start of what an ideal financial partner should provide to help an #ecommerce business expand across borders. Understanding the challenges and opportunities in the target market and having a network of partners are vital to making the expansion successful. 

China’s Tik Tok to invest $1.5B in Indonesia’s GoTo

Chinese entertainment platform Tik Tok will invest $1.5 billion in Indonesia's largest digital ecosystem PT GoTo Gojek Tokopedia Tbk (GoTo Group). As part of the agreement, Tokopedia and TikTok Shop Indonesia’s businesses will be combined under the existing PT Tokopedia entity in which TikTok will take a controlling stake.

ByteDance’s TikTok strikes deal with GoTo to save Indonesian TikTok Shop – report

Tik Tok is said to have agreed broadly to work with GoTo’s Tokopedia across several areas rather than compete directly with the Indonesian platform.