Consumer Economy

Buka Investasi Bersama will launch four new products and has a target to serve 500,000 mutual funds investors on its platform in 2021.

Smartphone maker sees opportunity to grow in neighboring market.

Sea Group will use the proceeds for business expansion, including potential strategic investments and acquisitions.

Till now, small and medium businesses have been using WhatsApp to individually send photos of their products to users over chat.

Companies like Alibaba and Meituan use exclusivity agreements and “monopoly clauses” to box in merchants and hobble competitors. That may change soon.

The healthcare unit of JD.com became the youngest unicorn on the Hurun Global Unicorns Index 2020.

Flipkart competes with Amazon India and Reliance-owned JioMart to get a bigger pie of the e-commerce market that is expected to reach USD 94 billion by 2023.

Sprii was the second most funded startup in the e-commerce category for products for babies and mothers within the region.