NewsShopee enters France, Spain, and Poland in aggressive European expansionShopee is already the top shopping app in Poland and Spain among Android users. 2 mins read
Smaller cities—tier 2 and beyond—contributed to about 61% of all the online shoppers during the first leg of festive sales. NewsFlipkart leads festive season sales, while Amazon sinks deeper into controversy in India3 mins read
Tech giants are supporting MSMEs and bringing more customers into their ecosystems, especially from Indonesia’s tier-2 and tier-3 cities. NewsSuper apps race to digitize Indonesia’s MSMEs with new initiatives3 mins read
Swiggy Bazaar will face tough competition from incumbents like SoftBank-backed Meesho, InMobi-owned Shop101, Korea Investment Partners-backed GlowRoad, and Tiger Global-backed DealShare. NewsIndian food delivery giant Swiggy plans to venture into social commerce space: Report3 mins read
Social media connects buyers to trusted merchants inside their own community. NewsPandemic turns Vietnam’s condos into flourishing marketplaces2 mins read
The company struggles with profitability but is opening up new channels of revenue. NewsSociety Pass may become the first Vietnamese e-commerce firm to go public in the US3 mins read
Around 115 million internet users in the region use more than three O2O platforms. News5 key takeaways from Grab and Bain’s report on Southeast Asia’s platform economy3 mins read
Ula is active in tier-2 and tier-3 Indonesian cities, where logistics infrastructure is less connected than in metro areas. NewsB2B e-commerce platform Ula lands USD 87 million from Amazon’s Jeff Bezos and others2 mins read
The latest investment has shot up Meesho’s valuation to USD 4.9 billion from USD 2.1 billion in April 2021—a rise of 133%. NewsSoftBank-backed Meesho raises USD 570 million at USD 4.9 billion valuation3 mins read