Consumer Economy

Shein recently opened a Southeast Asia hub in Singapore, but Indonesia is no longer a focus.

Peddisetty spoke about BukuWarung’s strategy to digitize small businesses in Indonesia’s tier-2 and tier-3 cities.

With the listing, nine-year-old Nykaa—one of the very few profitable e-commerce companies—is reportedly eying a valuation of USD 4 billion.

The company is investing all of its excess profits in key technologies and products.

Singapore-based crypto finance startup Matrixport is the region’s newest billion-dollar company.

CCI has been quite active in investigating internet companies that are allegedly exploiting their dominant position in the market.

Keyouyuan provides SaaS solutions to global e-commerce merchants that use platforms like Shopee, Lazada, Amazon, eBay, and Shopify.

Soda has also acquired Monokabu, Japan’s second largest operator in the sneaker market.