Southeast Asia E-commerce Business Intelligence

August 23, 2017

August 17, 2017

E-COMMERCE MARKETPLACE SHOPEE TO MONETISE PLATFORM, STARTING WITH PAID ADS

E-commerce marketplace Shopee, which plans to start monetising its platform by introducing paid ads this year, wants to become Southeast Asia’s mobile commerce destination of choice.

Although it is focusing on growing rather than monetising now, Shopee regional managing director Ian Ho said the company will need to bring in revenue at some point with some plans of monetisation.

“Monetising is not rocket science. Typically, there are three ways to monetise on e-commerce platforms, which are via listing fees, commissions and paid ads. These are some of the monetisation models that we’re considering and we plan to roll out something along the lines of paid ads this year,” Ho said. [Read more]

March 2017 - Present

Creation of an European Procurement Share Service Center for 1000 Points of Sales of a big Car repair Network.

France & Belgium

April 2017 - Present

Design the 5 years IT orientations which will support a agricultural company's international strategy.

France

July 2016​

Strategic review for the financial SSC of an agricultural company.

April 2016 - Present

Strategic plan and new Information Systems outlines for the Tunisian postal operator.

Tunisia

April 2016

Analysis of the market and its players for the Vietnamese mobile business.

OUR PROJECTS

August 18, 2017

VINAPHONE DEBUTS CARRIER BILLING ON GOOGLE PLAY WITH FORTUMO

Vietnam's Vinaphone has become the fourth and last of the nation's four major mobile operators to launch carrier billing over Google Play using the Fortumo payments platform. The operator's 20 million subscribers will be able to use the Fortumo platform to pay for apps and in-app content using their airtime balance.

With the launch, 95% of the population of Vietnam can now make payments on Google Play through Fortumo – significant for a country with smartphone penetration of 40% but credit card ownership of below 2%.

Fortumo will also provide Vinaphone with access to its Fortumo Insight statistics and data analytics platform, which helps operators analyze the performance of Google Play and use the data to make improvements to their payment infrastructure and marketing campaigns using the platform. [Read more]

August 22, 2017

NESTLÉ PARTNERS WITH 11STREET TO BOOST E-COMMERCE SALES

The world's leading food and beverage company Nestlé has expanded its market presence online through a partnership with 11street Thailand, one of Thailand's largest and fastest growing online marketplaces.

Yun Chang Sung, vice president of sales for 11street Thailand, said: "11street is committed to support traditional businesses to join the e-commerce movement, as it provides greater awareness as well as convenience for consumers today.

 This partnership reflects our commitment to extend our product offerings while giving our shoppers confidence in purchasing authentic products from international brands." [Read more]

August 23, 2017

THAILAND’S ASCEND MONEY EYES REGIONAL MOBILE PAYMENTS MARKET

Bangkok-based mobile payment service provider Ascend Money has expanded its footprint in Southeast Asia in a bid to serve the unbanked and underbanked population in the region.

The company’s TrueMoney Wallet e-payment service is now available in Myanmar, Indonesia, Cambodia, the Philippines and Vietnam – markets that offer significant growth opportunities given the need for financial inclusion and growing adoption of digital services in those countries.

Punnamas Vichitkulwongsa, CEO of Ascend Money’s parent company Ascend Group, dubbed TrueMoney Wallet as a “super app that crosses through all areas of life for users in Thailand and in the ASEAN region”. [Read more]

August 22, 2017

INDONESIAN FASHION E-COMMERCE COMPANY SALE STOCK INDONESIA RAISES $27M IN FUNDING

Local fashion e-commerce company Sale Stock Indonesia has raised $27 million in funding from several investment firms to expand its business in Southeast Asia's largest economy.

Singaporean fund management firm Golden Equator Capital and Chinese venture capital firm Gobi Partners, as well as Indonesia's Alpha JWC, Sinar Mas Digital Ventures, Convergence Ventures, Korea Investment Partners and MNC Media all contributed to Sale Stock's latest round of funding.

Lingga Madu, the company's chief executive and co-founder, said the investments will be allocated to strengthen the company's business in the country and to accelerate its profitability in the near future.

Sale Stock offers imported and locally made clothing for women at lowered prices. The startup currently boasts an inventory of over 15,000 items and receives thousands of orders daily. [Read more]

August 17, 2017

ALIBABA LEADS $1.1B ROUND IN E-COMMERCE MAJOR TOKOPEDIA

Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in e-commerce firm Tokopedia to become a minority shareholder. Alibaba’s funding in Tokopedia is one of its largest investments after its infusion of over $2 billion (in total) in Southeast Asia’s largest e-commerce firm, Lazada Group SA.

“We have always thought of Alibaba as our teacher and role model. Today, we are excited to welcome them as a shareholder and we believe that our partnership will further accelerate Tokopedia’s mission, to democratize commerce through technology,” Tokopedia CEO and co-founder William Tanuwijaya said in a statement.

“The partnership with Alibaba will enhance the scale and quality of Tokopedia’s offerings to its customers and make it easier for merchants and partners to do business across the archipelago and beyond,” he added. [Read more]

August 18, 2017

 

LAZADA, ZALORA AND 11 STREET TOP E-COMMERCE RANKING IN MALAYSIA

Lazada, Zalora and 11 Street have been ranked the overall top three companies in Malaysia’s e-commerce scene, according to a recent study by iPrice.

This is reflective of Lazada’s announcement earlier this year that they are growing more rapidly in Malaysia as compared to other countries where they operate. Their market-leading status can be seen through their traffic as they received an average 29 million visitors on a monthly basis while 11 Street, ranking second in overall average traffic only received nine million visitors, almost three times less.

The top three eCommerce players are all founded in Southeast Asia. While companies originating outside Southeast Asian such as eBay and Sephora are available to Malaysians, regional or local ones seem to be more successful probably due to their on-the-ground knowledge which gives them an advantage. Nevertheless, Malaysia remains an attractive location for international players. [Read more]

August 23, 2017

CAPITALAND TO PUSH SINGAPORE RETAILERS TOWARDS E-COMMERCE WITH LAZADA PARTNERSHIP

In an effort to bring its offline stores online, the Southeast Asian real estate giant CapitaLand announced today that it will be bringing the products of its retail clients to the Singapore Lazada e-commerce marketplace (Lazada.sg).

By the end of this year, CapitaLand will start aggregating the offerings of shops that have an offline store in their malls and help them get online. Furthermore, people will be able to order online and pick-up the goods in-shop, which provides an alternative option to delivery.

In the beginning, CapitaLand will launch two “click and collect” lounges at the Plaza Singapura and Bugis+ malls. [Read more]