Insights

Despite a pandemic-induced drop in overseas workers, remittances from Filipinos abroad reached USD 33.2 billion in 2020, nearly unchanged from a year earlier.

TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement.

The recovery of India’s mobility sector is likely to go on a downward trajectory in the coming months as many states go into lockdown.

Local apps see digital payments overtake cash for the first time as orders surge.

Startups such as Urban Company, Paytm, and Byju’s have set up relief funds to help employees impacted by COVID-19.

India added 12 unicorns from January to April. Four of these firms operate in the B2B sector, and more will follow.

Singapore is a breeding ground for high-tech B2B firms, but Southeast Asia is not enough for these companies.

B2B startups in China are racing to define the standards for tech-empowered processes, and a rapid evolution is taking place in how businesses operate.