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…
TikTok Shop’s Luxury Resale Venture Crosses the Pond
TikTok Shop expands secondhand luxury category to UK after U.S. success. Platform…
Zepto Rejects Flipkart’s Acquisition Offer, Eyes $2.5B Valuation
Zepto rejected Flipkart's acquisition bid, seeking $2.5B valuation. Flipkart wanted controlling stake…
