Over a third of Asia Pacific (APAC) consumers use artificial intelligence (AI) to Shop, with adoption across generational groups, Adyen’s research showed Monday. In its 2025 Annual Retail Report, the firm highlighted a rising momentum in AI adoption across APAC’s retail landscape. A poll of 41,000 consumers across 28 markets including Singapore, Australia, Hong Kong, India, Japan, and Malaysia reveals that over a third (38 percent) of APAC consumers now use AI to help them get...

Singapore’s retail group FairPrice Group (FPG) has partnered with Google Cloud to showcase FPG’s Store of Tomorrow (SOT) program, a roadmap to embed the latest cloud and artificial intelligence (AI) technologies into new and existing in-store and omnichannel retail touchpoints to redefine customer experiences at FairPrice supermarkets. The duo said in a statement on Thursday that under this program, FPG will deploy cloud-connected shopping carts, an AI-powered store operations...

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay Global Payments Report (GPR). According to the report, digital wallets accounted for over half (53 percent) of global ecommerce transaction value in 2024, while at point of sale (POS) 32 percent of spend was made via digital...

The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday. The firm said in a statement that SEA’s D2C sector raised $32.5 million in 2024, reflecting a 208% growth from $10.6 million in 2023, even as the overall SEA tech ecosystem saw more than a 55% decline in funding during the same period. It is noted that globally, D2C funding declined by 25...

Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay’s first eWallet integrations in Southeast Asia. This new feature will enable Android users in Malaysia to checkout seamlessly with their preferred eWallets when shopping on mobile sites via Google Chrome, starting with selected online merchants, Google said in a statement. This initial integration features ShopeePay and TNG eWallet, and will...

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American social media and online video sharing platform YouTube has on Thursday launched its Shopping affiliate program in Singapore in partnership with homegrown brand, Shopee. YouTube said in a statement that the launch of the YouTube Shopping Affiliate Program in Singapore offers exciting opportunities for both Shopee sellers and content creators. Shopee sellers can now expand their reach by collaborating with an even broader network of content creators through this partnership, giving...

Singapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers. The duo said in a statement that the integration of cryptocurrency payments is gaining traction worldwide to appeal to tech-savvy consumers. With the aim of...

AnyMind Group, a business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Monday announced the completion of its full acquisition of AnyReach, a Japan-based e-gifting company, through its wholly-owned subsidiary, AnyMind Japan Inc. AnyReach will continue to operate under its existing name, AnyMind said in a statement. This marks AnyMind Group’s 10th acquisition and the fifth merger and acquisition (M&A) of a Japan-based company....

Counterfeit goods have become a serious challenge across Southeast Asia, with fake fashion, electronics, and pharmaceuticals flooding street markets and online platforms. This growing issue hits businesses hard — especially startups and small brands that lack the resources to protect their products. Counterfeits erode customer trust, hurt sales, and make it tough for real innovators to compete in the market. For entrepreneurs trying to build a brand, the rise of fake products can be a...

Malaysia’s e-commerce sector has rapidly evolved into a key pillar of our nation’s digital economy. According to the Department of Statistics Malaysia (DOSM), e-commerce income grew by 4 percent in the first nine months of 2024, reaching an impressive RM918.2 billion. This upward trend underscores Malaysians’ growing preference for online shopping, driven by convenience and a wide range of attractive deals. With continuous technological advancements and strong government...

Venturi Partners, a Singapore-based consumer fund, has announced a $25 million investment in Just Quick Run (JQR), an India-based emerging brand in the affordable footwear segment. This marks the first venture capital funding for JQR, with Venturi acquiring an undisclosed minority stake, Venturi Partners said in a statement on Monday. This funding will allow JQR to further expand its offline presence to new markets as well as launch its online channel, and further enhance its product...