Will TikTok Shop overtake Shopee?
Over the last year, TikTok Shop has shown incredible growth, especially in Southeast Asia. TikTok Shop expanded from Indonesia to all 6 major Southeast...
[New report] The TikTok Shop Playbook
Over the last year, TikTok Shop has shown incredible growth and has a presence now in 9 markets, including all major markets in Southeast...
GoTo’s 2023 Q2 results and declining GTV
On Tuesday (15 August), GoTo released its Q2 earnings, on the same day as Sea Group. Despite reporting negative growth in GTV and revenue...
Momentum Works inks strategic collaboration with Qianhai International Talent Hub
Shenzhen, August 4, 2023 - Momentum Works and the Qianhai International Talent Hub entered into a strategic cooperation agreement.
The agreement was signed by Jianyue...
SEA shares dropped almost 30% after Q2 earnings, here are our...
Last night (15 August), Sea Group released their 2023 Q2 results. Again, profitable; again, missing consensus revenue/EPS targets.
Investor confidence seems to have taken a...
Seeing the unseen: How to predict China’s economy?
I took this photo last week in Nanjing, a second-tier city of 8.5 million people in China’s eastern Jiangsu Province:
The photo was taken...
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...
Our thoughts on Grab buying a taxi company in Singapore
Last week, Grab announced that it would be acquiring 100% ownership of Trans-cab, Singapore’s 3rd largest licensed taxi operator. The acquisition, undertaken by Grab...
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...