Blibli Reports 29% Reduction in Operating Losses Despite 4% Revenue Decline
Blibli reports 29% reduction in operating losses despite 4% decline in net…
Una Brands Achieves EBITDA Profitability Amid Industry Challenges
Una Brands achieves EBITDA profitability in Q4 2023 amid industry struggles. The…
GoTo Achieves First Quarterly Profit Under CEO Patrick Walujo’s Leadership
GoTo achieves first quarterly profit under CEO Patrick Walujo's leadership. Walujo's cost-cutting,…
Malaysian Babycare Brand Secures $4.2M from 500 Global for Global Expansion
Applecrumby raises $4.2M to expand affordable PureBasics babycare products globally. Malaysian startup…
Alibaba Drops Cainiao IPO, Proposes $3.8B Buyout for Full Ownership
Alibaba drops Cainiao IPO, proposes $3.8B buyout for full ownership. Merger aims…
Uzum Becomes Uzbekistan’s First Unicorn with $114M Series A Funding
Uzbek e-commerce startup Uzum raises $114M to become a unicorn. The funding…
Bukalapak Nearly Achieves Profitability in Q4 2023 Amidst Revenue Growth
Bukalapak's revenue grew 23% in 2023, narrowly missing profitability. The company's marketplace…
AnyMind Group Expands Ecommerce Presence with Arche Digital Acquisition
AnyMind Group acquires Malaysian e-commerce enabler Arche Digital for $1.5 million. The…
Zhang Yong Joins Firstred Capital as Partner After Alibaba Departure
Zhang Yong, former Alibaba CEO, joins venture capital firm Firstred Capital as…
Quick Commerce Thrives in India Amid Global Slowdown
India's quick commerce thrives as top players expand nationwide. Blinkit leads the…
