Saudi ecommerce sales using nat’l repayment system struck $4.65 b
Throughout the very same duration, the variety of shopping purchases likewise enhanced by 26.49%, getting to almost 99 million.
Flipkart selects Dunzo founder to lead fast ecommerce
Flipkart’s reveal business, which intends to supply products in 10-15 mins, remains to expand in India however encounters worldwide obstacles
Israeli ecommerce start-up protects $25m collection A
PDQ is concentrated on boosting the ecommerce check out procedure by addressing the buying cart desertion trouble that influences 70% of on-line buyers.
Bukalapak Slumps As Indonesian Shopping Leader Retreats In The Middle Of Intense Competitors
Bukalapak.com shares succumbed to a 2nd day after the Indonesian ecommerce leader claimed it would certainly quit offering physical products as it encounters rigid competitors from international competitors Shopee and TikTok.
India’s ecommerce financing decreases 42% in 2024
At the very same time, just 6 mergings and procurements were understood in 2024, a sharp reduction from 25 in 2023.
Grab acquires Cambodian food delivery and e-commerce platform
The deal is considered one of the largest venture capital exits for a Cambodian company.
Alibaba and South Korea's E-Mart reach US$4 billion e-commerce joint deal
The venture aims to compete with local e-commerce leaders such as Naver Corp. and Coupang Inc.
Indian B2B e-commerce company revenue drops 49%, reduces losses
Revenue fell, and net loss fell 42% to $42.3 million.
OnPoint acquires Thai e-commerce service provider
OnPoint and Crea currently support more than 250 brands and employ more than 1,600 people.
E-commerce giant Alibaba sells Intime luxury chain store at huge loss
Hangzhou Yintai Department Store. CFOTO/Future Publishing via Getty Images Alibaba Group Holding Co. is selling its stake in Chinese department store chain Intime Department Store for 7.4 billion yuan ($1 billion) as
Xiaohongshu develops luxury goods in social e-commerce
Luxury brands such as Coach and L’Oréal are increasingly using Little Red Book.
Indian sneaker e-commerce platform raises $2 million in seed funding
It offers sneakers, streetwear and luxury fashion pieces from brands including Nike, Yeezy, Dior and Louis Vuitton.
InnoVen invests in Singapore e-commerce aggregator Rainforest
Rainforest includes brands focused on parent and children's products.
Southeast Asian e-commerce races to catch up with artificial intelligence
In this week’s episode of The Prompt, we explore the potential of artificial intelligence in e-commerce and assess the future of self-driving cars.
E-commerce analytics startup Enterpret raises US$20.8 million in Series A financing
Enterpret was founded in 2020 and focuses on high-level analysis of e-commerce businesses.
Can artificial intelligence end Southeast Asia’s e-commerce discount war?
SEA's platform is betting on genAI to enhance user experience and reduce reliance on discounts, but success is uncertain.