Meituan launches in Saudi Arabia, where next?
After months of preparations, Meituan’s subsidiary Keeta officially went live in Saudi Arabia yesterday (9 Sept 2024).
Some thoughts:
We have analysed Meituan’s entry into...
How players profit in a world where ecommerce return rates reach...
In a recent discussion with a top live commerce MCN from China, I casually asked “what is the return rate for your category?”
“Guess?” The...
E90 – The Impulso Podcast – Closing the gap with China:...
In this episode of the Impulso Podcast, we leave the studio behind for Can Gio, a district set to become a major economic hub...
Temu parent’s share price drops ~30%: our thoughts
Yesterday (26 August), Temu’s parent company PDD Holdings released its Q2 2024 results. Revenue missed analyst consensus while profit beat expectations.
Stock prices started sliding...
Shopee shines in Q2, where have its rivals gone?
Yesterday, Shopee’s parent Sea Group released its Q2 2024 results. The capital markets responded very positively, sending the share price up nearly 12%.
No doubt...
Lazada turns profitable for the first time
This morning (13 Aug), Lazada held a town hall where CEO James Dong revealed that the company had achieved positive EBITDA in July 2024...
Singapore-based Qoo10’s Korean ecommerce subsidies face trouble
Recently, sellers of TMON and WeMakePrice, two Korean subsidiaries of Singapore-headquartered ecommerce group Qoo10, have been experiencing delays receiving their sales proceeds.
It is estimated...
E84 – The Impulso Podcast – TikTok Shop vs Temu in...
In this latest episode, we're sharing exclusive snippets from our recent media briefing where we delve into the highlights of our newly released “Ecommerce...
[New report] Ecommerce in Southeast Asia achieves US$114.6 Billion GMV in...
Total GMV of Southeast Asia’s 8 leading ecommerce platforms rose to US$114.6 billion in 2023, up 15% from 2022.
Today, we are happy to release...
[Press Release] Southeast Asia Ecommerce Achieves US$114.6 Billion GMV in 2023:...
Shopee retains its 48% leading market share in 2023;
TikTok Shop is now the 2nd largest ecommerce platform in Southeast Asia;
Vietnam and...
