Southeast Asia E-commerce Business Intelligence
May 10, 2017
May 09, 2017
NETX STRENGTHENS PRESENCE IN SOUTHEAST ASIA IN PARTNERSHIP WITH E-DO
NetX Holding Berhad (NetX) has announced that they will partner with China's E-DO Business Technology Corporation (E-DO) for their e-commerce online payment, e-wallet, and loyalty programme solution services in Cambodia, Malaysia and Thailand.
NetX's subsidiary Payallz Sdn Bhd has entered into a technology partnership agreement with E-DO, which specialises in the provision of payment services for Alipay, WePay and Union Pay. However, the project costs and detailed investment terms of each available site shall be determined on a case-to-case basis mutually between the parties, said NetX. [Read more]
Strategic review for the financial SSC of an agricultural company.
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
Creation of an internal headhunting company for a big agricultural company (US$ 6 billions).
Launch of the weekly ASEAN e-commerce Business Intelligence report. <See more>
May 08, 2017
THAI OMISE JOINS HANDS WITH CHINESE ALIPAY
Thailand’s leading fintech startup Omise has announced its support for Alipay to enable e-commerce merchants to accept online payments from Chinese citizens visiting Thailand.
To enable this, Omise has integrated the Alipay payment method into its payment suite launched today.
According to a statement, this partnership aims to create a borderless online payments market for Asia as well as bridging the gap between Chinese consumers and businesses in Thailand that Omise currently supports. [Read more]
May 08, 2017
THAILAND TARGETS BROADBAND IN ALL VILLAGES BY END-2018
Thailand’s government is looking longer term and committed to providing broadband access to even the most remote parts of the country.
Pichet Durongkaveroj, Thailand’s minister of Digital Economy and Society, said the government plans to bring low cost broadband access to every village in Thailand by end-2018. It is implementing the broadband project in areas where there is no commercial potential for private companies to deploy services.
The national broadband network is expected to deliver internet service to 24,700 villages by end-2017, with a minimum speed of 30Mb/s. It conducted pilot projects in 99 villages across 13 provinces. [Read more]
May 09, 2017
ALIBABA TEAMS UP WITH J&T EXPRESS TO LAUNCH E-COMMERCE CONSULTANCY SERVICE IN INDONESIA
Chinese internet giant Alibaba and Indonesia-based logistics company J&T Express today launched a new partnership in the form of a business entity named J&T Alibaba.
With the goal to help Indonesian small and medium-sized enterprises (SMEs) reach the Chinese market easily, J&T Alibaba is an official business partner and representative of Alibaba in the Indonesian market.
The service that the company provides ranging from e-commerce business consultation with experts, education on marketing and export strategy, and access to potential buyers globally through the Alibaba network. [Read more]
May 08, 2017
INDONESIA IS THE WORLD'S FASTEST GROWING MOBILE-COMMERCE MARKET
Indonesia is now the world’s fastest-growing mobile-commerce market in the world, according to a recent study conducted by the Better Than Cash Alliance.
The increased spending power of the middle class and rapid adoption of new technology is fueling a boom in online shopping on handsets in Indonesia, with experts predicting the country fizzing to become Asia’s next m-commerce power player.
The study said Indonesia’s m-commerce market surged 155 percent in 2016. It notes that growth of Indonesia's m-commerce market was given a boost by the release of a popular e-wallet service by BlackBerry, called BBM Pay's Instant Mobile Payments in 2015. [Read more]
May 08, 2017
SINGAPORE'S GARENA REBRANDS AS SEA AFTER RAISING $550 MILLION IN NEW FUNDING
Singapore-based online gaming and ecommerce firm Garena has rebranded itself as Sea, after drawing in $550 million in funding from Tencent, venture capital firms GDP Venture and JG Summit Holdings, and others.
Sea is staking out a spot as competition in Southeast Asian e-commerce intensifies, particularly in the largely untapped market of Indonesia. The company will use the majority of the new funds to expand Shopee in Indonesia. The online marketplace’s annualized gross merchandise value has more than doubled in the past nine months to more than $3 billion, according to the company. [Read more]
May 05, 2017
POS MALAYSIA, LAZADA TO DEVELOP E-COMMERCE REGIONAL DISTRIBUTION CENTRE
Pos Malaysia is collaborating with Lazada (Malaysia) Sdn Bhd on the development of a RM60mil e-commerce regional distribution centre in Sepang.
The memorandum of collaboration was signed by Pos Malaysia's group CEO Datuk Mohd Shukrie Mohd Salleh and Hans-Peter Ressel, Lazada Malaysia's CEO.
Pos Malaysia Group chief executive officer Datuk Mohd Shukrie Mohd Salleh said the centre, to be located at the former low-cost carrier terminal, would provide value-added services such as air-sea-land transportation solutions, international transshipment, postal and courier services as well as warehousing facilities, among others. [Read more]
May 04, 2017
SINGAPORE RETAILERS ROLL OUT INTEGRATED POS TERMINALS
Some 2,000 integrated point-of-sale (POS) will be rolled out in more than 650 retail stores across Singapore, supporting various payment options including Samsung Pay and Apple Pay. Local payments services provider Network for Electronic Transfers of Singapore (Nets) and United Overseas Bank would install the terminals at retail brands under the Dairy Farm Singapore Group.
In addition to credit and debit cards, the terminals also supported payments via Nets' own electronic payment services Nets and Nets FlashPay, as well as Android Pay, Samsung Pay, Apple Pay, UOB Mighty Pay, and EZ-Link. In addition, the systems could process NFC-enabled loyalty card, Passion.
The partnership is expected to boost the Singapore government's smart nation initiative and aim to drive cashless payments in the city-state. [Read more]