E-commerce

Shopline has grown to provide services to over 250,000 SMEs in seven markets across Asia, including China, Vietnam, Singapore, Thailand, and Malaysia.

The 153-year-old conglomerate has been acquiring new-age internet companies that align with its vision of creating an online retail empire.

The number of active buyers on Pinduoduo has reached 823.8 million.

The robust performance was mainly driven by the rapid increase in online sales of medicines and healthcare products.

Kuaishou is onboarding international vendors mainly offering cosmetics, skincare products, food, watches, and luxuries.

With the current round, Forter almost tripled its valuation to USD 3 billion to become the most valuable privately-held company in the industry.

Ula draws inspiration from neighborhood retail in India, and already has 30,000 kiosks signed on in Indonesia.

Listing plans by Grab and Gojek-Tokopedia put focus on profitability.