[Press release] Southeast Asia’s Platform Ecommerce GMV Reaches US$128.4B, Top 3...
SINGAPORE, 26 June 2025 — Momentum Works today released the third edition of its Ecommerce in Southeast Asia report, revealing that platform-based ecommerce in...
[New Report] Transforming Ecommerce with AI: Sell Smarter, Shop Better
AI is reshaping ecommerce in Southeast Asia — but most sellers aren’t ready.
A new report from Momentum Works and Lazada estimates that high adoption...
[Press Release] Generative AI could unlock US$131 billion annual value in...
Singapore, 19 June 2025 — High adoption of generative AI could unlock US$131 billion annual value in Southeast Asia’s ecommerce ecosystem, according to a...
Alibaba jumps into China’s quick commerce war
On April 30, as China was heading into the 5-day May Day golden week holidays, Alibaba jumped into the Meituan, JD quick commerce flight.
According...
Meituan launches drone delivery in Hong Kong
On 20 March 2025, Meituan, China’s market leader in food delivery and quick commerce, officially launched drone delivery service in Hong Kong.
At the launch...
Another quick commerce company becomes profitable, and expands to Saudi Arabia
Last week, Dingdong Maicai (NYSE: DDL), a Chinese quick commerce company based out of Shanghai, reported its 1st full year of net profit.
Founded in...
[New report] Food delivery growth in Southeast Asia accelerated to 13%...
Southeast Asia’s food delivery market experienced accelerated growth to reach US$19.3 billion in 2024, a 13% YoY growth from 2023. This happened after two...
[Press Release] Southeast Asia’s Food Delivery Spend Reaches US$19.3B with Vietnam...
Southeast Asia’s total food delivery spend on platforms grew 13% YoY to reach US$19.3B in 2024, marking a significant acceleration from the 5%...
Cainiao Streamlines Focus and Reshapes Ties with Alibaba Platforms
In the last weeks of 2024, there were a number of rumours that Cainiao, Alibaba’s logistics affiliate, would go through a “massive restructuring”. A...
[Press Release] TikTok Shop in the U.S. Achieves Explosive Growth in...
SINGAPORE, 27 January 2025 – TikTok Shop’s global GMV surged to US$33.2 billion in 2024, more than doubling year-over-year. The United States emerged as...
