With so much money going into the local tech scene, one wonders which Singapore-based internet companies are the grand winners in the race to get funded.
Ecommerce is already big in Asia, and it only has room to grow. As local startups and global players tap into new opportunities, each country also creates its own ecommerce leaders. On top of these sites, social media is even becoming a new avenue for consumers to shop. While many countries still struggle to find better payment options and access to the internet, it’s worth studying how new ecommerce players and the evolving demand of consumers shapes how Asians shop.
Lamudi’s global co-founder Kian Moini says the injection of funds is a great vote of confidence in Lamudi’s business model and speaks volumes about the demand that exists for online property search in...
China's 55tuan - which will officially be called Wowo - has had the date set for its NASDAQ IPO later this month.
The team will use the new capital to drive online growth and expand Vela Asia’s offerings to customers. Majuven looks to capitalize on Indonesian ecommerce.
Om nom nom! Foodpanda just snapped up six rival sites across seven countries in a huge acquisitions spree.
The first thing you’ll see on its website is a tagline stating that it has “gentlemen companions for every occasion.”
The companies maintained that they have always complied with laws and said they will coordinate with the Philippine government regarding the matter accordingly.
11street boasts an annual gross merchandise value - which is the total number of transactions made in a year - of US$6 billion.
China’s biggest ecommerce giant, Alibaba, has found itself in a bit of trouble recently. Chinese authorities have criticized the site for featuring too many fake knock-off products, and Alibaba founde...
Alibaba’s ongoing kerfuffle with the government over (among other things) the presence of fake/counterfeit products on its ecommerce platforms just won’t seem to end. But the latest twist is a speech ...
450 customers will get the chance to have their goods delivered by drone.
Line, the popular messaging app with 181 million monthly active users at the last count, is set to launch online grocery deliveries across Southeast Asia.
Chinese drug ecommerce site Yiyao has broken records in its sector with the announcement of a massive $72 million series C round.
Alibaba's Q4 earnings report reveals it now has more active shoppers than the entire population of the US. Yee-hawwwwwwwww!
Just over 40 percent of the stuff that Chinese people buy online is fake, said a recent government-backed report.
"By championing more local players, some of whom are not able to reach the masses easily, we are able to offer a far greater array of products then the current offering,” the founder explains.
China's Ministry of Commerce inspected 92 different products from ecommerce sites over the second half of 2014, and nearly 40 percent of them were fake.
Too shy to buy condoms and lube at the store? This new site wants to make it less awkward for Indonesians
With an average age of 28, Indonesians are sexually active. However, the nation’s conservatism makes them shy about buying sex products. AsmaraKu hopes to help.