E-commerce
Airwallex Report: Singaporean Shoppers Demand Payment Flexibility, Transparency
While concerns of volatile macroeconomic conditions persist into 2024, there are signs that point to continued growth in global cross-border e-commerce, including for consumers and merchants in Singapore. In a recent global study conducted by global payments and financial platform
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Charles & Keith’s E-Commerce Revenue Surges After Nuvei Integration
Singaporean fashion retailer Charles & Keith has joined forces with Canadian payments firm Nuvei Corporation to revamp its online payment systems amid its ongoing international growth strategy. A single integration with Nuvei’s comprehensive payments technology platform will enable Charles &
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Former Funding Societies CTO Ishan Agrawal Launches YC-Backed Branch AI
Ishan Agrawal, the former Group Chief Technology Officer of SME digital finance platform Funding Societies, has embarked on a new entrepreneurial journey with the co-founding of Branch AI. With over 7 years of experience in building and scaling Funding Societies
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Bezos-Backed B2B Marketplace Ula Reportedly Shutting Down Indonesia Office
B2B e-commerce marketplace Ula is reportedly on the verge of shutting down its Indonesian office. The news comes after the company experienced a period of “hibernation” in recent months, with its office closure anticipated by the end of this month,
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TikTok Acquires Controlling Stake in Tokopedia to Revive E-Commerce Ambitions
In a move to bolster its online shopping presence in Southeast Asia, TikTok has announced a major investment of US$1.5 billion to acquire a controlling stake in Tokopedia, the e-commerce marketplace of Indonesia’s PT GoTo Gojek Tokopedia Tbk. This strategic
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Primer Raises Funds from Tencent for Global Expansion, Product Innovation
Primer, a unified infrastructure for global payments and commerce, announced that it has raised funds from Chinese internet giant Tencent. Details of the fundraise was not disclosed. The company said that it would use the fresh funds to focus on
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Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth
E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected
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Digital Payments to Fuel 100% Growth in Southeast Asia’s E-Commerce Market
Southeast Asia is anticipating a 100% expansion in its e-commerce market over the next five years, driven by accelerated digital payments growth, led by Buy Now Pay Later (BNPL), mobile wallets, domestic payments, and credit cards. SEA leads in digital
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ZaloPay Becomes First Vietnamese E-Wallet to Partner with Shopify
ZaloPay announced that it has become the first Vietnamese e-wallet provider to partner with Shopify, an e-commerce company headquartered in Canada. Through this partnership, ZaloPay and Shopify aim to promote the “brand.com website model” in Vietnam. This model helps businesses build
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Atome’s BNPL Payment Option Now Available for Amazon Singapore Shoppers
Atome, Southeast Asian buy-now-pay-later (BNPL) platform, announced that its flexible payment option is now available for Amazon customers in Singapore during checkout. This is Amazon’s first BNPL partnership of its kind in Southeast Asia. Amazon.sg customers can now pay using
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