Ecommerce

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Shein profit falls 67% as costs rise, Europe sales weaken
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Shein profit falls 67% as costs rise, Europe sales weaken

Shein’s stock has fallen 27.3% from its HK$48.56 offer price since September 1.
Diya Lal · · 1 min read
Dubai beauty company Amaani raises $5m for Saudi push
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Dubai beauty company Amaani raises $5m for Saudi push

AÏZA, which describes itself as a premium skincare and haircare brand, launched in December 2024.
Aiko Gao Ishida · · 1 min read
Cars24 eyes India IPO filing after Singapore reverse flip
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Cars24 eyes India IPO filing after Singapore reverse flip

Cars24 last raised capital in 2022 at a post-money valuation of US$3.3 billion.
Naomi Li Gan · · 1 min read
Hong Kong ecommerce firm Buy&Ship joins TSE startup hub
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Hong Kong ecommerce firm Buy&Ship joins TSE startup hub

Buy&Ship said the hub supports Asian companies with ties to Japan.
Minh Le · · 1 min read
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AnyMind to add Alibaba Qwen to Asia live commerce

AnyMind said Qwen, a family of large language and multimodal AI models developed by Alibaba, would be added to AnyLive’s multi-model architecture.
Diya Lal · · 1 min read
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ADB joins $4m round for MY used-electronics startup 3cat

Founded in 2023, 3cat said it operates more than 20 stores in Malaysia and sells used devices online and in stores.
Diya Lal · · 1 min read
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PropertyGuru’s second act begins with doing less

Lewis Ng discusses his return to the now-private company, its more measured ambitions, and why an IPO shouldn’t be the gold standard.
Melissa Goh · · 11 min read

Quick commerce’s second act in Indonesia

Indonesia finds a new formula for quick commerce, while Singapore’s AI hiring boom reveals where the real demand lies.
Jofie Yordan · · 4 min read
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Quick commerce’s latest resurgence in Indonesia looks different

Most dark-store models failed to scale. Now, established platforms are testing whether changing that formula can fix the math.
Jofie Yordan · · 6 min read