Retail

As the number of digital shoppers increases with year-end shopping festivals, so does the number of online shopping scams.

Shopee is already the top shopping app in Poland and Spain among Android users.

The company struggles with profitability but is opening up new channels of revenue.

Ula is active in tier-2 and tier-3 Indonesian cities, where logistics infrastructure is less connected than in metro areas. 

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.

Meanwhile, investor sentiment remains strong, with RMB 39 billion (USD 6 billion) poured in as funding in 1H 2021.

Genki Forest has shaken up the Chinese beverage market, rattling major brands.