Southeast Asia E-commerce Business Intelligence

April 08, 2018

March 26, 2018

UBER QUITS 8 COUNTRIES IN SOUTHEAST ASIA, SELLING OUT TO RIVAL GRAB

Uber is giving up on the fight for ride-hailing customers in Southeast Asia. The US company is selling its business in the region to local rival Grab, the companies said in a statement.

Uber won't receive any cash from the sale. Instead, it will get a 27.5% stake - worth several billion dollars - in Singapore-based Grab. The companies declined to disclose the deal's price tag.

Uber has been trying to compete with Grab in eight fast-growing markets across Southeast Asia, including Singapore, Indonesia and Thailand. The US company said it invested a total of $700 million in the region. The other Southeast Asian countries in which it operates are the Philippines, Malaysia, Vietnam, Myanmar and Cambodia. [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

April 04, 2018

ZILINGO RAISES $54 MILLION FOR SOUTHEAST ASIA BATTLE

Zilingo, an e-commerce startup trying to replicate the experience of browsing Southeast Asia’s colorful bargain bazaars on a smartphone, has raised $54 million to delve deeper into markets from Indonesia to the Philippines.

Sofina, Burda Principal Investments and Sequoia Capital India led the latest round for Zilingo, a shopping platform crammed with retailers of the cut-price dresses, bags, sunglasses and assorted bric-a-brac common across the region’s street markets.

Its new funds will bankroll brand-building as “competition heats up in Southeast Asia,” Chief Executive Officer Bose said in a phone interview. Bone said Zilingo has a “plausible” chance of turning profitable by June 2019 as, unlike the big players, the company is focusing on growing margins alongside revenues. [Read more]

 

April 05, 2018

TRUEMONEY WINS PAYMENT SERVICES LICENSE IN VIETNAM, LAUNCHES TRUEMONEY WALLET

TrueMoney Vietnam, part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways.

Consumers can now use TrueMoney Wallet to make online purchases, pay bills and top up their pre-paid mobile and gaming cards, as well as to transfer money from their bank accounts to the digital wallet and from their wallet to other wallets.

TrueMoney has a network of over 5,000 agents across 40 provinces in Vietnam. Agents are small business owners who conduct financial services for customers, enabling the largely underserved Vietnamese population to access fast and easy services such as top-up and bill payment near their location. [Read more]

April 04, 2018

ST TELEMEDIA PARTNERS TICON TO BUILD D=ATA CENTRE IN THAILAND

ST Telemedia Global Data Centres (STT GDC) has partnered with Ticon, a developer and provider of industrial properties in Thailand. Under the terms of the agreement STT GDC and Ticon will come together to launch a new data centre as entry Thailand’s data centre market and capitalising on its recent digital economic trends. The two parties will begin by strategically building its first data centre facility in Bangkok.

Bruno Lopez, group chief executive officer of STT GDC, said: “Partnering with Ticon provides us with one of the strongest local networks who has intimate understanding of the Thai market, wide access to land banks as well as extensive experience in property development in the commercial and industrial space in the greater Bangkok area and across Thailand.” [Read more]

April 03, 2018

THE BANK OF THAILAND SPREADING PROMPTPAY REACH

The Bank of Thailand is in talks to link the country's PromptPay with Singapore's PayNow to allow users in both countries to send money to each other using mobile phone numbers.

The cross-border fund transfer is a next step for PromptPay, a cheap fund transfer service using only mobile phone numbers or citizen IDs, said Finance Minister Apisak Tantivorawong.

PromptPay is part of the national e-payment scheme, designed to move Thailand towards a cashless society in tandem with the government's Thailand 4.0 model. [Read more]

April 06, 2018

RHB ISLAMIC WILL INTRODUCE AN E-COMMERCE FINANCING PLATFORM

RHB Islamic Bank Bhd (RHB Islamic) will be developing an e-commerce financing platform aimed to serve the digital entrepreneurs in Malaysia.

RHB Islamic managing director and chief executive officer Datuk Adissadikin Ali said the new platform, which will be introduced next year, is developed with a financial technology company. He said the new funding platform is a new initiative for the bank to leverage on the rapidly growing industry growth.

"This venture is also an important step in view of the funding potential as we believe many entrepreneurs in e-commerce space are facing difficulty in getting financing due to the status of their new company,” he said. [Read more]

April 02, 2018

LAZADA SINGAPORE TO DEVELOP E-COMMERCE COURSES FOR ENTREPRENEURS

Lazada Singapore will develop online and offline courses centred on e-commerce for entrepreneurs and small to medium enterprises (SME) after it inked a deal with higher learning institutes and data analytics. According to an announcement, it formalised a partnership with Nanyang Polytechnic’s Singapore Institute of Retail Studies (SIRS), Singapore National Employers Federation (SNEF), Singapore-based data analytics firm Sparkline, and Singapore University of Social Sciences (SUSS).

More than 1,000 people, ranging from existing and new sellers to Lazada, SME owners, professionals, managers and operational staff, are expected to complete courses between April to December 2018. Topics covered include supply chain and inventory management, introduction to data analytics and how business owners can sell in Southeast Asia’s e-commerce market. [Read more]

April 06, 2018

LAZADA SINGAPORE TO DEVELOP E-COMMERCE COURSES FOR ENTREPRENEURS

Lazada Singapore will develop online and offline courses centred on e-commerce for entrepreneurs and small to medium enterprises (SME) after it inked a deal with higher learning institutes and data analytics. According to an announcement, it formalised a partnership with Nanyang Polytechnic’s Singapore Institute of Retail Studies (SIRS), Singapore National Employers Federation (SNEF), Singapore-based data analytics firm Sparkline, and Singapore University of Social Sciences (SUSS).

More than 1,000 people, ranging from existing and new sellers to Lazada, SME owners, professionals, managers and operational staff, are expected to complete courses between April to December 2018. Topics covered include supply chain and inventory management, introduction to data analytics and how business owners can sell in Southeast Asia’s e-commerce market. [Read more]