Singaporean m-commerce platform Carousell has raised US$56 million from Naspers, the parent company of the Philippines’ online marketplace OLX. As part of the deal, Carousell will also acquire OLX Philippines, with the transaction due to be completed by the…
Singapore m-commerce is set for 33 per cent growth in the next five years, according to a new report. However, while it leads Southeast Asia in smartphone and mobile broadband use, Singapore is nearing saturation point for its e-commerce market, says…
Southeast Asian e-commerce company Lazada Group has opened a tech hub in Bangkok, Thailand to drive strategic mobile development initiatives. The Lazada Tech Hub in Thailand will focus on advancing the design and engineering of Lazada’s mobile shopping and…
The pervasiveness of mobile commerce will present some of the biggest challenges that will impact retailers’ strategies during 2016, according to latest predictions from Manhattan Associates, Inc. In 2016, retailers will also be impacted by more personalised…
Asia Pacific consumers are increasingly likely to make their online purchases and bill payments through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 Regional eCommerce Monitor Survey. The survey, which polled…
Chinese mobile commerce company 99 Wuxian is bringing NFC technology to China. 99 Wuxian and Australian Near Field Communication (NFC) technology startup Tapit Media have joined to “revolutionise” Chinese m-commerce and offline media by integrating NFC…