Marketplace
Lewis Ng on PropertyGuru’s next chapter
Today, we look at PropertyGuru’s leaner second act under CEO Lewis Ng and a surge in AUM for wealthtech firm Syfe.
Melissa Goh · · 3 min read
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
Rising fees are changing the role of SEA ecommerce enablers
Brands are chasing profitable growth over GMV as marketplaces squeeze margins, pushing ecommerce enablers to reconfigure their value proposition.
Jofie Yordan · · 7 min read
Sociolla glams up for IPO, eyes Singapore launch this year
We dive into how Sociolla’s “ecosystem” approach sets it apart from other beauty commerce platforms, and why now is the right time to gear up for an IPO.
Jofie Yordan · · 6 min readEtsy launches ChatGPT app to search listings
The move follows Etsy’s earlier participation in ChatGPT Instant Checkout, which ended in March after the feature drove limited sales.
Aiko Gao Ishida · · 2 min readToco was a ghost town. Then Tokopedia’s sellers showed up
Indonesian ecommerce upstart Toco is suddenly in the spotlight. Find out what its founder is doing differently and whether the hype will last.
Jofie Yordan · · 7 min readBukalapak leaps into edtech, but not without skeptics
The firm aims to replace physical goods with lifelong learning. But the government has paused a related subsidy program.
Glenn Kaonang · · 4 min readBukalapak’s shift to virtual goods: turning point or misstep?
Halting sales of physical products will “not have a material impact” on its revenue, the Indonesian ecommerce firm says.
Jofie Yordan · · 6 min readIndonesia’s Bukalapak to shut down physical goods marketplace
The company said it will shift its focus to virtual products.
Jofie Yordan · · 2 min readZepto forms new marketplace entity amid regulatory changes
This shift helps Zepto comply with India’s foreign investment rules.
Minh Le · · 1 min read