Southeast Asia E-commerce Business Intelligence

November 24, 2017

November 20, 2017

E-COMMERCE ENABLER ACOMMERCE RAISES $65M TO REACH MORE MARKETS IN SOUTHEAST ASIA

Southeast Asian e-commerce services provider aCommerce announced the closing of its series B, a deal worth US$65 million.

The round is led by Emerald Media, an investment vehicle set up by international investors KKR along with other existing backers: Australia fund Blue Sky, Telkom Indonesia venture arm MDI Ventures, and Swiss market expansion services provider DKSH.

The funding will be used to improve aCommerce’s online software that allows merchants to sell and distribute goods through a number of e-commerce platforms, establish more partnerships in the startup’s current markets, and seek out clients in new markets like Malaysia and Vietnam. [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

November 21, 2017

 

JD.COM INVESTS US$44M IN VIETNAMESE E-COMMERCE PLATFORM TIKI.VN

Vietnamese e-commerce portal Tiki.vn has raised US$44 million from Chinese internet giant JD.com, making it one of the largest deals in the Vietnam e-commerce market so far.

Tiki will use the newly-raised funding to conduct more training, optimise delivery and logistics processes and market its express service TikiNow.

The latest play by JD.com is likely a challenge to counter rival Alibaba’s influence in Southeast Asia. In the last two years, Alibaba has made several significant investments in the region. [Read more]

November 21, 2017

DHL ECOMMERCE LAUNCHES SERVICEPOINTS ACROSS VIETNAM

DHL eCommerce has launched a nationwide network of ServicePoints in Vietnam, enhancing its already successful and rapidly growing domestic delivery network, which was recently launched in July 2017. This new service will offer considerably more choice and convenience for e-tailers and the consumer. 

The ServicePoint network allows Vietnam's e-tailers to easily process domestic parcels at convenient and easy to reach locations and deliver to their online customers the very next-day in Ho Chi Minh, Hanoi and tier one cities, and between 2-7 days to the rest of Vietnam. Whilst  the majority of shoppers still receive to-door deliveries, the consumer can now choose to pick up their orders from the very same and easily reached retail locations.

DHL eCommerce has already launched more than 100 ServicePoints and will continue to rapidly expand to more than 1,000 in the coming months. [Read more]

November 23, 2017

BANGKOK STREET FOOD GOES DIGITAL

Bangkok's famous street-food vendors have joined the digital revolution. They are embracing payment via Quick Response (QR) barcodes that can be read using smartphones.

Vendors in the capital are offering digital transactions after the Bank of Thailand (BoT) allowed banks to start using electronic payment systems with QR codes.

"The global trend is towards a 'cashless society.' It's convenient and there is proof of transaction. The QR code system is practical in Thailand because vendors don't have to invest too much," Somsak Khaosuwan, said Deputy Permanent Secretary of the Ministry of Digital Economy and Society. [Read more]

November 24, 2017

WECHAT PAY LAUNCHES IN PHILIPPINES WITH ASIA UNITED BANK

Asia United Bank (AUB) has become the first bank in the Philippines to roll out mobile payments system WeChat Pay, allowing Chinese tourists to conveniently make payments using their electronic wallets.

AUB has signed an acquiring license agreement with WeChat developer Tencent to enable Philippine merchants to accept WeChat payments from Chinese tourists.

WeChat Pay's launch in the Philippines came after a unit of Tencent rival Alibaba launched a mobile payment system for Filipinos in partnership with Globe Telecom. [Read more]

November 21, 2017

XOX UNIT JOINTLY LAUNCHES SIM-LESS MOBILE PAYMENT APPLICATION IN INDONESIA

XOX Bhd unit XOX Media Sdn Bhd has jointly launched NU Mobile, a SIM-less mobile payment application with PT Inovasi Telematika Nusantara and Nahdlatul Ulama (NU) in Indonesia.

XOX Media said NU Mobile is aimed at providing a secure, convenient and fast option to serve more Indonesians, especially the unbanked population.

The NU Mobile application will offer SIM-less mobile services towards government, banking, education and e-wallet for NU members. XOX provided the relevant technology, while PT Inovasi will provide the on-going technical and maintenance support. [Read more]

November 21, 2017

TENCENT CONFIRMS PLANS TO LAUNCH WECHAT PAY IN MALAYSIA

Tencent Holdings plans to unveil WeChat Pay in Malaysia in early 2018, having obtained an e-payment license for local transactions in the country.

Tencent’s senior VP S.Y. Lau stated that there are 20 million WeChat users in Malaysia, and that the market is welcoming towards internet products from China. However, he added that the company is “not in a hurry” to quicken its expansion plans overseas or boost the monetisation rate of its digital assets. [Read more]

November 23, 2017

SINGAPORE CUSTOMERS MAY SOON HAVE TO PAY GOODS AND SERVICES TAX (GST) FOR ITEMS BOUGHT ONLINE

Goods and services tax (GST) could soon be levied on e-commerce purchases as the Government looks to diversify its tax base and capture value from this fast-growing sector, experts said. This could mean getting big e-commerce players to register for GST here if they sell to Singapore consumers, or getting customers to pay tax on goods and services they buy online.

These comments come after Senior Minister of State for Law and Finance Indranee Rajah proposed to further diversify its tax base via areas such as e-commerce. Finance Minister Heng Swee Keat also said in the Budget earlier this year that the Government was studying ways to tax e-commerce.

Currently, online purchases of goods and services under $400 are not taxed in Singapore. [Read more]