[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...
[Press Release] Southeast Asia Online Food Delivery Spend Grows 30% to...
Total online food delivery gross merchandise value (GMV) reached US$15.5B
Grab contributed close to half of the region’s food delivery GMV...
Food delivery in Southeast Asia sustains 30% growth in 2021
Grab contributes to half of the region’s GMV