Consumer Economy

Customer misunderstanding of cash on delivery is a big part of the problem, experts say.

EV Growth, the growth-stage arm of East Ventures, joined the latest round.

MissFresh and Dingdong Maicai are going public in New York. They simply have no other option.

The merger between Gojek and Tokopedia gave birth to an Indonesian technology behemoth, more than that, it’s also intensifying two Chinese giants’ competition in Southeast Asia.

The recent layoffs are expected to help the company stay afloat amid the second wave of COVID-19 and the muted demand for its offline offerings over the next few months.

Since late last year, Tata Group has been out in the market to acquire internet companies to create a super app.

SCI Ecommerce, which counts Lazada and Shopee as clients, assists brands and merchants set up and manage digital stores in Southeast Asia and China.

Shopee is concentrating on Brazil as its main market in Latin America, while other countries such as Mexico are part of an “asset-light” approach in the region.