Indian fashion e-commerce major, Myntra, to set foot in Singapore with the launch of Myntra Global

~The move is set to make real-time trendy Indian fashion wear available, targeting expatriates in the Lion City ~100 sought-after made-in-India brands bring ~35k styles  BENGALURU, India, May 22, 2025 /PRNewswire/ -- Myntra, one of India's leading fashion, beauty and lifestyle e-commerce destinations, has announced the launch of Myntra Global, and is set to bring Indian fashion to Singapore.…

AI Commerce Demands Action: Parcel Perform’s AI Decision Intelligence Redefines E-commerce Delivery Experience

SINGAPORE, NEW YORK and BERLIN, May 22, 2025 /PRNewswire/ -- In the era of AI Commerce, Parcel Perform champions the need for businesses to 'Think Bigger on AI.' As Artificial Intelligence (AI) fundamentally reshapes how consumers discover, evaluate, and choose online shops, e-commerce sales are increasingly won through superior experience and demonstrable reliability. Parcel Perform, the…

Ashita Group Secures USD 155M in Growth Capital from CPFam-LDA Asia Growth Fund and AEI Capital Group to Fuel Regional E-Commerce and Social Commerce Expansion Post-Listing

KUALA LUMPUR, Malaysia, May 22, 2025 /PRNewswire/ -- Ashita Group, a rising leader in the B2B2C, e-commerce, and social commerce sectors, proudly announces a transformative commitment of growth capital investment up to USD 155 million by CPFam-LDA Asia Growth Fund and AEI Capital Group into Ashita Group, as it is gearing towards its upcoming public listing. This milestone follows a recent…

Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay Global Payments Report (GPR). According to the report, digital wallets accounted for over half (53 percent) of global ecommerce…

Abracon Launches E-Commerce Capability on Abracon.com for Seamless Online Purchasing

AUSTIN, Texas, May 16, 2025 /PRNewswire/ -- Abracon, a leader in frequency control, timing, power, magnetics, RF and antenna solutions, is proud to announce the launch of their new E-Commerce capability on their website, enabling customers to purchase products directly from www.abracon.com. This marks a new standard for convenience in their mission to deliver faster, more personalized experiences…

IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment

Partnership leverages AI vision systems and barcode readers NATICK, Mass., May 15, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight® vision systems and DataMan® barcode readers. A Cognex…

PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth

Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points for businesses. The solution will power businesses to boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection. SINGAPORE, May 15, 2025 /PRNewswire/ -- PayPal Complete Payments is now available for all…

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales

Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth. The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago. The firm's total adjusted earnings before interest,…

Huawei Malaysia forms AI collaborations with local players to power e-commerce, logistics and smart government services in Malaysia

Huawei Malaysia has formed artificial intelligence (AI) collaborations with local players to power e-commerce, logistics and smart government services in Malaysia. The firm said in a statement on last Friday that four new strategic partnerships leveraging AI, cloud computing and next-generation digital infrastructure will assist in driving Malaysia’s digital innovation and ecosystem growth…

Shoplazza Launches Upgraded Payment Solution to Boost Global E-Commerce Conversion Rates

NEW YORK, April 3, 2025 /PRNewswire/ -- Shoplazza, a leading global e-commerce SaaS platform, has introduced an upgraded payment solution that helps merchants streamline checkout experiences, reduce cart abandonment, and accelerate growth in international markets. The enhanced solution includes broader payment method coverage, seamless integration capabilities, and Shoplazza's proprietary…