SEA’s top 10 e-commerce platforms web traffic rises 64% between Q3 2019 & Q2 2022

Web traffic for Southeast Asia (SEA)’s top 10 e-commerce platforms increased by a notable 64 percent between the third quarter of 2019 and second quarter of 2022, a report showed Tuesday. According to iPrice’s Map of E-commerce first half report, during this period, Singapore-based Shopee consolidated its position as the leading regional e-commerce…

Malaysia’s iPrice Group lays off 20 percent staff

iPrice Group, a Malaysia-based e-commerce platform helping shoppers find the best deals online, said Wednesday it is laying off 20 percent of its’ staff. The layoffs are part of several measures to focus the business on its core mission “to help people save money” shopping online,

Malaysia’s iPrice Group raises $5M from Itochu Corporation and KDDI Corporation

iPrice Group, Malaysia-based price comparison platform, announced Wednesday that it has raised $5 million of additional funding led by Japan-based firms Itochu Corporation and the KDDI Open Innovation Fund III (operated by Global Brain Corporation). The additional funding will bolster iPrice’s role in finding shoppers the best deals as Southeast Asia’s…

3 Reasons why Southeast Asia’s e-commerce is set to explode

An e-commerce aggregator, iPrice Group, analyzed the most visited e-commerce platforms in Southeast Asia to predict where the market is heading towards and what exciting developments we can expect from the year-end shopping frenzy. Here are 3 key predictions on the success of Southeast Asia’s e-commerce industry for the rest of the year.