Consumer Economy

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%.

After regulators stepped in, Alibaba and Tencent are dissolving protectionist features.

Over 200 small and mid-sized retail technology companies have raised a total of USD 843 million between January and September 2021.

While the BNPL payment method may boost e-commerce spending, it can also drive consumerism and potential debt among consumers.

Nearly 70 million people are expected to shop online during the first week of festive sales, which will kick off in early October.

Bigo Live reached 29.5 million average monthly active users in the second quarter of the year.

BliBli and GoTo have acquired stakes in local grocery retailers.

The CEOs of Tokopedia, Bukalapak, and Gojek, as well as the executive director of Shopee Indonesia, spoke with members of parliament about the digital economy.