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...
Temu’s last mile logistics challenges in the United States
only plausible solution is to improve logistics efficiency
E86 – The Impulso Podcast – Luckin Coffee opens 20,000th store
Luckin Coffee has opened its 20,000th store, in Beijing! This comes as no surprise as Luckin has been bold in its expansion, opening almost...
E85 – The Impulso Podcast – Delivery Hero losing grip?
When Delivery Hero acquired Baemin in 2021, the company was financially strong. However, Baemin is now struggling, losing market share to Coupang Eats and...
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...
[Press release] Frontline turnover costs businesses US$22.6 billion annually in Southeast...
SINGAPORE, 22 July 2024 — Momentum Works and Lark have released a joint report titled “Transforming Frontline Industries: Make F&B, Retail and Hospitality Greater”,...
[New report] Transforming frontline industries
In Southeast Asia, 137 million people, 46% of the region’s workforce, are employed in the frontline sectors of F&B, retail, tourism & hospitality, healthcare,...
