How did the “Pinduoduo of beverages” become a 20,000 store bubble...
Some of us in Singapore might have seen the $1 ice cream from Mixue and their quite popular bubble tea varieties. But who actually...
The Merge: Ethereum is shifting from Proof of Work to Proof...
After much delay, the major update on the Ethereum blockchain called the Merge seems to finally happen this month (September 2022).
A key part of...
[Press Release] Southeast Asia spends US$3.66 billion a year on bubble...
Bubble tea industry in Indonesia is the biggest in Southeast Asia with an annual turnover of $1.6 billion
Thailand has the highest bubble...
[New Report] The US$3.66 billion bubble tea market of Southeast Asia
Southeast Asia currently spends US$3.66 billion a year on bubble tea and similar ‘new tea’ drinks, according to a new study jointly conducted by...
[New Report] Is there a future for Ethereum?
Ethereum, created by Vitalik Buterin at the age of 19, has been the main blockchain for hosting applications and executing smart contracts. Ether (ETH),...
Is Axie Infinity’s business model sustainable, or replicable?
In Momentum Works’ Web3: The inevitable next step? report, we gave an overview of the industry, as well as a few key use cases....
Why is SHEIN successful?
There has been so much interest around SHEIN lately, especially with media reports stating that SHEIN might be going public. Back in 2017/2018, a...
Web3 – You’ve not missed anything!
Like many of you investors, entrepreneurs and corporate decision-makers, we at Momentum Works were sceptical about Web3 at the beginning of the pandemic. Cryptocurrencies,...
Web3: Our future or just a beautiful ponzi scheme?
It is 2022, and we are attending concerts in the metaverse, transferring money across borders with stablecoins, and playing online games to earn money....
Is live commerce the next big thing in Southeast Asia?
Live commerce has grown exponentially in China since 2018 - at a CAGR of more than 146% - and top hosts/influencers are clocking in...
