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Bangkok company Ascend Commerce has spent more than Bt300 million (US$8.555 million) branching into eCommerce by developing WeMall, which it hopes will feature more than 1000 brands next year. Ascend Group CEO Punnamas Vichitkulwongsa says the ASEAN eCommerce…
The recent acquisition of Lazada Group by Chinese e-commerce giant Alibaba Group poses a challenge to local online product manufacturers and retailers who anticipate a potential flood of Chinese-made products. The move by Alibaba is expected to shake up…
“Exceptional” growth has been reported by eCommerce provider Ascend Commerce in its latest fourth-quarter, as it seeks to draw on its winning strategy in Thailand to expand into new markets. Part of the Ascend Group, it comprises online stores iTrueMart and…
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