eCommerce
MATRADE partners Amazon Global to boost Malaysian brand owners cross-border e-commerce transactions
The Malaysia External Trade Development Corporation (MATRADE) and Amazon has announced that they have entered into a memorandum of understanding (MoU) to bolster export capabilities of small and medium-sized enterprises (SMEs) in Malaysia.
Singapore’s AnyMind Group completes acquisition of Malaysia’s Arche Digital
AnyMind Group, a Singapore-based business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Wednesday announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital.
Alibaba partners LVMH to enhance luxury retail experience in China
LVMH Group, the world leader in luxury products, and Alibaba Group, the leading e-commerce and technology company in China, have on Thursday announced an extended partnership to enhance luxury experience in China, leveraging Alibaba’s cloud technologies, through artificial intelligence (AI)-powered innovations in retail and on-line with Tmall.
Taiwan luxury resale marketpalce Popchill finalizes $3.1M funding round
PopChill, a luxury resale marketplace operating in Taiwan and Hong Kong, announced Wednesday that it had finalized a $3.1 million Pre-A+ funding round. The firm secured an additional $1.3 million, bringing the total funds raised in this round to $3.1 million, inclusive of the earlier announced $1.8 million.
More than e-commerce, PH’s Internet Transactions Act will propel even more demand for local fintech
More than e-commerce, the ITA promises to become a significant driver of the development of #fintech segments related to #ecommerce — digital-forward banking, #ewallets, and digital lending.
Sea’s revenue up 22.8 percent year on year in first quarter
Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.
Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year
Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.
The hidden secrets of building a successful ecommerce brand in Singapore
By leveraging niche opportunities, cultivating a compelling #brand identity, prioritizing customer satisfaction, and embracing innovation, founders can navigate the complexities of the #ecommerce landscape and build brands that resonate with consumers while achieving long-term success.
Indonesia’s Bukalapak posts positive EBITDA for the first time in first quarter
PT Bukalapak.com Tbk, an Indonesian e-commerce company, has posted a positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the first time at Rp 15 billion ($921,687), underpinned by higher revenue.
Eliminating frustration and friction from the digital experience to deliver stronger e-commerce outcomes
Designing a customer-first experience is easier said than done and, without the right tools, can seem like a daunting challenge. However, a wealth of customer information already exists to help—every click, hover, and scroll on your website is teeming with valuable insights on customer intent, confusion, and experience, giving you a holistic view of how…
