e-commerce

Nykaa added 14 stores in the quarter, taking its total to 338.

Tokopedia, Shopee, Lazada, and Blibli will withhold tax for merchants.

It includes Netflix’s Mobile plan, unlimited free-shipping vouchers, and daily discount vouchers.

More than 1 million creators have joined YouTube’s shopping program.

The listing valued Shein at about US$26.3 billion, down from nearly US$100 billion in 2022.

Emart and Shinsegae will retain their current ownership split of 65.1% and 34.9% in both firms.

The offering comes as Shein faces slowing revenue growth, weaker core earnings, and shrinking margins.

Motwani and Anderson previously worked at Spotify, while Sinha’s background includes venture capital and consulting.

The delay gives marketplaces and merchants more time to adjust their systems and tax administration.

Blibli’s consolidated take rate rose to 9% in 1H26 from 8.6% in 1H25.