Another food delivery giant becomes profitable?
Last week, Zomato - one of the two leading food delivery platforms in India - announced their Q1 FY 2024 (i.e. Apr-Jun 2023) results.
For...
Temu enters South Korea
In June, Temu sent out a survey to its sellers asking which platforms they are already using in Japan, Korea and Southeast Asia.
Soon after,...
Inside SHEIN: the founder’s top lieutenants
This article was originally published in Chinese by Runze Dai of Leiphone, translated and republished with the author’s permission. You can also refer to...
Foreigners can finally use WeChat Pay & Alipay in China
As Momentum Academy is preparing for a number of China digital leadership immersion programmes for August to October, we have pleasantly discovered that WeChat...
Behind the scenes of Carsome’s used car operations
One of the most well-received insights reports from Momentum Works was Used car platforms in Southeast Asia report published in 2020.
In the report we...
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 is TikTok Shop different from Shopee and Lazada?
A few days ago, we launched a poll on your burning questions about TikTok Shop. Many of you have asked the question “How is...
Pinduoduo’s Temu is now in Japan (and 22 other countries)
After a month of rumour, Temu, Pinduoduo’s cross border affiliate, is now live in Japan.
The rumour of Temu’s global ambitions has been brewing for...
