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2024-12-17 02:21:03

Chinese brands face mixed fortunes in Southeast Asia’s complex markets
Success in Southeast Asia demands a delicate balance of e-commerce expansion, deep localization, and overcoming supply chain hurdles. When the tide of speculative capital subsides and predictions of explosive growth fail to materialize, some players inevitably clear out, while new ones, sensing opportunity, move in. The brightest story of Chinese brands venturing into Southeast...

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News Global

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2024-11-22 16:18:19

Maybank sees ASEAN internet players to lead growth ahead of global peers
Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers. The research house said in a note that these domestic companies delivered an all-round performance in the third quarter of 2024, gained market share (versus Lazada or FoodPanda) and achieved growth that is in line/ahead of global peers (such as MELI or...

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2024-12-10 10:38:11

Taobao’s overseas GMV tops USD 20 billion, free shipping plays key role
Free shipping and localized services push Alibaba’s Taobao ahead in global e-commerce markets. Header image source: Alibaba Group. This year, the overseas business of Alibaba’s Taobao has surpassed USD 20 billion in gross merchandise value (GMV), achieving robust year-on-year growth. While primarily serving domestic users in China, Taobao also operates an overseas version...

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