Chinese e-commerce giant Alibaba said on Thursday its quarterly revenue climbed 61 percent, beating analysts’ estimates, helped by growth in its core e-commerce business.
Facebook CEO Mark Zuckerberg announced on the company’s earnings call today that Instagram’s Snapchat Stories competitor now has 300 million daily active users. WhatsApp’s version of the feature, called ‘Status,’ has also now has 300 million daily active users, according to Zuckerberg.
China’s import and export transaction via ecommerce is expected to reach 8.8 trillion yuan ($1.32 trillion) in 2018, according the Chinese Cross-Border Ecommerce Index.
Southeast Asia’s largest ride-hailing service Grab officially launched its in-store and in-restaurant payments feature in Singapore.
The Infocomm Media Development Authority (IMDA) reveals a new plan called Industry Digital Plan (IDP), to help logistics SMEs find business opportunity and uplift the industry with digital technology.
Starting today, all toll road gates in Indonesia will only accept cashless payments after days of dissemination activities carried out by toll road authorities and providers of electronic payment cards or electronic money (e-money) as well as government officials.
Thai online fashion retailer Pomelo has raised an additional $19 million in a Series B funding round led by Chinese e-commerce firm JD.com and Provident Capital Partners.
PChome Thailand, a subsidiary of Taiwanese biggest eCommerce group – PChome Online, is launching its ePayment service – PChomePay in Thailand.
The demand for same-day delivery in Malaysia is increasing as e-commerce popularity growth, according to shipping and logistics operator GAC.
Singapore-based fintech startup soCash has raised an undisclosed amount in a Series A round of funding from Singapore state investment firm Temasek Holdings‘ venture capital arm, Vertex Ventures.