Tencent is opening an ad bureau inside its Palo Alto, Calif.-outpost to start promoting the service to U.S. advertisers.
Singapore-based gaming and e-commerce startup Sea, formerly known as Garena, last Friday filed for an initial public offering of shares on the New York Stock Exchange.
Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms.
Last April, Indonesian media and tech mogul EMTEK Group and And Financial, Alibaba-backed owner of payments service Alipay, announced a joint venture to develop digital payments service in the country. According to information that DailySocial managed to gather, said product is DANA, which is set to be launched as a payments platform in Blackberry Messenger (BBM). The service is expected …
Thailand’s Digital Economy Promotion Agency (DEPA) projects the retail ecommerce value in the country will reach $63 billion (THB 2.1 trillion) in 2022. The forecast is three times higher than 2016, thanks to intense competition from big players, the popularity of social commerce and the availability of wireless technology. Ratthasart Korrasud, senior executive vice-president of the Digital Economy Promotion Agency …
A study by online savings platform Cuponation found, Saturday is the least popular while Monday is the most popular day of the week for e-shopping in Malaysia.
Alipay, run by Alibaba’s spin-off Ant Financial, announced on Wednesday its own mini programs for regular users to beta test after opening up to developers a month ago, according to a report by TechNode.
Singapore-based venture capital company East Ventures on Thursday said it will launch a $30 million fund to invest in early-stage technology startups in Indonesia.
Singapore-based healthtech startup MyDoc today announced that it has raised US$5.2 million in a Series A funding round led by UST Global, a California-based provider of end-to-end IT services and solutions.
Malaysian fintech startup CapitalBay announced that it has raised US$477K in a seed funding round led by KK Fund.