More than e-commerce, PH’s Internet Transactions Act will propel even more demand for local fintech
The Philippines’ Internet Transactions Act (ITA), now in its early stages of implementation, arrived at a critical juncture. The Southeast Asian country being the 28th largest e-commerce market in the world, with forecasts of its digital economy growing by 30 percent annually until 2025. The Philippine Development Plan 2023-2028 also states that the development of a vibrant innovation ecosystem…
MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI
SHANGHAI, May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Transaction") of 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries (collectively "Bowong…
Datarize Scores $11 M in Series B to Supercharge CRM Marketing for Shopify-Powered E-commerce Growth
SEOUL, South Korea, May 10, 2024 /PRNewswire/ -- Datarize, a leading provider of data-driven CRM marketing solutions in South Korea, just wrapped up a successful Series B funding round, securing $11 million. Atinum Investment led the round, with participation from Stonebridge Ventures and Mirae Asset Ventures.
Datarize secures $11 million in series B funding
Datarize offers a user-friendly…
APAC Coalition Digital Prosperity for Asia commends Indonesia’s support for the WTO Moratorium on E-commerce
JAKARTA, Indonesia, April 25, 2024 /PRNewswire/ -- Following the World Trade Organization (WTO)'s agreement to renew the WTO Moratorium on Customs Duties on Electronic Transmissions (Moratorium) until 2026 at the 13th Ministerial Conference (MC13) in Abu Dhabi in March, the coalition for the Digital Prosperity for Asia (DPA), Asosiasi Industri Animasi Indonesia (AINAKI), Asosiasi Jaringan Cerdas…
Eliminating frustration and friction from the digital experience to deliver stronger e-commerce outcomes
Southeast Asia looks set to continue punching above its weight in e-commerce growth. Near the end of the first half of 2023, retailers in the region are on track to buck prevailing economic trends and drive more conversions, more ROI and growth through eCommerce. SEA was determined to have the biggest growth in e-commerce sales by 18.6 percent in 2023 compared to a more modest 8.9 percent…
DHGATE Group wins “Best B2B Cross-Border e-commerce Marketplace Company China 2024” at the Global Business & Finance Magazine
BEIJING, April 19, 2024 /PRNewswire/ -- DHGATE Group has won the "Best B2B Cross-Border E-Commerce Marketplace Company China 2024" award at the Global Business & Finance Magazine Awards. The award recognizes leading enterprises with innovation and leadership from various industries, and the core objective is to equip the audience with the essential knowledge and insights required to navigate…
AliExpress becomes the first exclusive e-commerce partner of UEFA EURO 2024™
AliExpress is investing millions of Euros in discounts, deals and engagement to connect online consumers with the fantastic game of football this summer
BERLIN, March 27, 2024 /PRNewswire/ -- International online retail marketplace, AliExpress, has become the first e-commerce platform as an exclusive official global sponsor of UEFA EURO 2024TM, as the world looks ahead to an unforgettable summer…
Singapore’s AnyMind to acquire Malaysian e-commerce enabler Arche Digital
AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.
The acquisition of Arche Digital aims to strengthen AnyMind Group’s BPaaS capabilities for domestic and international enterprises in Malaysia, by combining Arche Digital’s…
Plugo Expands its All-in-One E-commerce Ecosystem Platform into Thailand
BANGKOK, March 18, 2024 /PRNewswire/ -- Plugo, the leading all-in-one e-commerce platform headquartered in Singapore, proudly inaugurated its subsidiary office in Thailand today. This strategic move brings forth an extensive suite of tools designed to empower businesses to seamlessly manage their e-commerce endeavors under one roof, eliminating the complexities of managing multiple marketplace…
DHgate Democratizes Global E-Commerce For MSMEs, Empowers Female Entrepreneurs at ASD Market Week 2024
LAS VEGAS, March 11, 2024 /PRNewswire/ -- DHgate, the global leading B2B cross-border e-commerce marketplace, is excited to connect directly with US retailers, partners, suppliers and customers at this year's ASD Market Week at the Las Vegas Convention Center, Booth #SL42277 in the South Hall.
The five-day ASD Market Week is the most comprehensive B2B wholesale trade show in the US, running from…