Indonesia government bans Chinese e-commerce app TEMU – report
The Indonesian Ministry of Communication and Informatics (Kominfo) has decided to block Chinese online shopping platform TEMU in the country in a bid to protect local micro, small, and medium enterprises (MSMEs), local media Antara news reported.
"We have taken down TEMU as a quick response to the concerns voiced by members of the public, especially those running MSMEs," Kominfo Minister Budi…
Aghanim and Sift Partner to Prevent Fraud in Direct-to-Consumer Mobile Gaming E-commerce
LOS ANGELES, Oct. 9, 2024 /PRNewswire/ -- Aghanim, a mobile gaming fintech company founded by Harvard Business School alumni with over 40 years of combined expertise in video games and fintech, today announces a strategic partnership with Sift, the AI-powered fraud decisioning platform securing digital trust for leading global businesses. The combination of AI-driven insights across 1 trillion…
MAS directs Singapore e-commerce platform Qoo10 to suspend payment services
The Monetary Authority of Singapore (MAS) announced Monday that it has directed e-commerce platform Qoo10 Pte Ltd (Qoo10) to suspend the provision of all payment services cin Singapore from Tuesday.
MAS said in a statement that this suspension does not prohibit Qoo10 from operating its e-commerce platform, but it may need to engage a third-party payment service provider for transactions on…
First Sino-Australian Cross-Border E-Commerce Development Conference Concludes Successfully in Sydney; Witsbb Wins Star of the Year Award
SYDNEY, Sept. 23, 2024 /PRNewswire/ -- On September 9, the first Sino-Australian Cross-Border E-Commerce Development Summit, hosted by Douyin Global Shopping and co-organized by the Australian Trade and Investment Commission (Austrade) and the Australia China Business Council (ACBC), was grandly inaugurated in Sydney. The summit, themed "Unlimited Evolution, Embarking on a New Journey Together,"…
MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities
Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.
MATRADE said in a statement that this strategic collaboration,…
YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report
Alphabet Inc's online video platform YouTube and e-commerce platform Shopee said on Wednesday they were launching an online shopping service in Indonesia and planned to expand it in Southeast Asia, Reuters reported.
The announcement also comes as competition in the e-commerce space heightened.
Under the YouTube Shopping tie-up, people will be able to purchase goods viewed on YouTube…
PrintKK and Shopify Integrate for Broader Print on Demand E-commerce Solutions
LOS ANGELES, Sept. 18, 2024 /PRNewswire/ -- PrintKK, a leading provider of print-on-demand solutions for e-commerce, recently announced an expanded integration with Shopify. This allows Shopify merchants to effortlessly create more unique print on demand products and leverage PrintKK's exclusive logistics channels to quickly deliver goods to end consumers. This integration provides Shopify…
Iconic Supermodels Helena Christensen and Sean O’Pry Lead the NYFW Debut of E-commerce Powerhouses Ekouaer and Coofandy
NEW YORK, Sept. 14, 2024 /PRNewswire/ -- International menswear brand Coofandy and women's sleepwear label Ekouaer made a bold entrance at New York Fashion Week with their much-anticipated runway debut at the landmark Cipriani building, 25 Broadway. As e-commerce leaders in their respective categories, each brand is marking this milestone as the start of an exciting new phase of growth, with…
Chengdu booming as global e-commerce hub
CHENGDU, China, Sept. 14, 2024 /PRNewswire/ -- With cross-border trade representing a new direction for e-commerce in recent years, cross-border e-commerce in Chengdu has experienced explosive growth. Its public service platforms completed more than 61 million import and export declarations in the first half of this year, a year-on-year increase of 276 percent.
A bird's eye view of the China…
2024 Malaysia E-commerce Product Selection Expo: 200+ Top Chinese Brands Target ASEAN Expansion with Malaysia as Regional Hub
KUALA LUMPUR, Malaysia, Sept. 12, 2024 /PRNewswire/ -- In celebration of the 50th anniversary of diplomatic relations between Malaysia and China, the inaugural 2024 Malaysia E-Commerce Product Selection Expo will be held from November 29 to December 1 at the Malaysia International Trade and Exhibition Centre (MITEC), Malaysia's largest trade exhibition venue. Jointly organised by the Malaysia…