Social commerce is a unique phenomenon in Thailand, and an estimated one-third to half of total ecommerce GMV is happening on social platforms
Rocket Internet currently has 20 people at the base in Thailand, and it said it plans to more than double that headcount before the end of this year.
Market size is key for tech firms in selecting a new office location. Across nearly all tech segments we analysed, the potential of business growth as a result of tapping into big markets has a substantial impact on location choice within the region.
While mobile commerce is big in China – one-third of total online shopping in China is done through mobile – Southeast Asia’s mobile commerce is on a faster growth trajectory than the Dragon.
The startup’s series B comes from Istyle, a Tokyo fashion company that operates, among other popular beauty website @cosme in Japan. East Ventures also participated in the round. The terms weren’t disclosed.1. Indonesia’s cosmetics startup Sociolla raises series BIstyle plans...
The Lazada-Alibaba deal, Alibaba’s largest overseas acquisition to date, is a pivotal event for Southeast Asia as its implications span the entire commerce value chain from digital advertising, logistics, finance, insurance to even healthcare.
The decision to launch this startup is due to Southeast Asia’s fragmented short-term recruitment system.There’s a lot of demand from event management firms and restaurants, but most of the last minute recruitment is done through word of mouth...
The launch of this JV by Tencent and Ookbee will target and promote user-generated content and cover a diverse array of online media, with the aim of growing its presence in the region.