Winners and losers of the TikTok-GoTo deal
Today (11 Dec 2023), GoTo and TikTok announced a strategic partnership. Under the deal, TikTok Shop Indonesia will merge with Tokopedia, and TikTok will...
Why is coconut suddenly becoming so popular in China?
For many of us in Southeast Asia, coconut is something easily accessible and part of our daily lives - from whole coconuts on roadside...
Pinduoduo has enough $$$ to fund Temu’s Southeast Asia expansion, and...
On Tuesday (29 Aug), PDD Holdings, parent company of Pinduoduo and Temu, released its Q2 2023 results.
Investors responded positively, sending the share prices up...
Our answers to your burning questions on ecommerce
Last Thursday, Momentum Works held an exclusive online sharing session “Off the Record: Ecommerce in Southeast Asia 2023”, where we covered unfiltered insights on...
Amazon fights back Temu during this year’s Prime Day?
Amid Temu’s aggressive expansion in the affluent US market, Amazon concluded its 8th annual Prime Day shopping festival, on 11/12 July.
Consumers in the United...
How will TikTok triple its ecommerce GMV in SE Asia in...
We launched our Ecommerce in Southeast Asia report yesterday and the numbers below went viral with media & social mentions! Thank you all for...
[New report] Ecommerce in Southeast Asia achieved ~US$ 100 billion GMV...
Southeast Asia’s ecommerce sector endured strong headwinds in 2022. Despite all these, growth and competition continue, with the total GMV of Southeast Asia’s 9...
Our thoughts on Grab’s 2023 Q1 results
Two days after Sea Group, another Southeast Asia’s major tech platform, Grab, has just released its own Q1 2023 results on 18 May. Overall...
