aCommerce Weighs Share Sale at Up to $300M Valuation
aCommerce founders weigh $200M-$300M share sale of Thai e-commerce firm. CEO Srivorakul…
Amazon Expands into Sub-Saharan Africa with Prime-Free Marketplace
Amazon expands into sub-Saharan Africa with Prime-free marketplace launch in South Africa.…
Tjufoo, Sinbad Merge to Create Ecommerce Powerhouse ‘Horizon Group’
Indonesian ecommerce firms Tjufoo and Sinbad merge to form 'Horizon Group'. Tjufoo…
Shopee’s Reel-y Big Push: Fending Off TikTok Shop’s Trending Threat
Ecommerce giant Shopee unleashes snackable videos to counter TikTok Shop's threat. Rivals…
Blibli’s Quarter Conquests, Sharpening Margins, Slashing Losses
Blibli sharpens margins, slashes losses with strategic category focus. Indonesian tech titan…
Foodpanda Shines Bright with New Private Label
Foodpanda launches "Bright" private label with 1,000 affordable products. New line brings…
GoTo Waves Goodbye to Tokopedia Logistics Arm
GoTo to divest Tokopedia's logistics, delivery, fulfillment units in Q2 2024. Shedding…
Bukalapak Bags Profitability, Revenue Soars
Bukalapak achieved profitability, generating $922,500 in adjusted EBITDA. The company's revenue jumped…
GoTo Narrows Losses, Revenue Soars in Q1
GoTo Group narrowed its losses, reporting an adjusted EBITDA loss. Gross revenues…
Blinkit Surpasses Core Food Biz in Value, Goldman Rings the Bell
Blinkit's valuation soars to $13 billion, surpassing Zomato's core food business. Goldman…