E-commerce

Two Indian entrepreneurs are unraveling preferences for online retail by giving customers a reason to head back into physical stores.

Despite the e-commerce sector being dominated by Flipkart and Amazon India, startups are scripting a new wave of online commerce, primarily targeting the next 500 million netizens from smaller cities.

Older shoppers are becoming more comfortable with making purchases on short-video apps while tech companies make adjustments to cater to their needs.

Tan speaks about Carro’s AI applications, regional expansion, and Southeast Asia’s eventual conversion to EVs.

Founded in 2011 by Mona Ataya and Leena Khalil, Mumzworld sells over 250,000 products for babies, children, and mothers through its web and mobile-based platforms.

Millennials account for 70% of Carousell’s visitors, and one-third of its revenue is from the sales of secondhand vehicles.

aCommerce claims to be the largest e-commerce enabler in Southeast Asia, with operations in Singapore, Malaysia, Indonesia, and the Philippines.

Mitra Bukalapak, which equips micro-retailers with digitized operations, accounted for 27% of the company’s overall total processing value.