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The Luckin x Moutai partnership that sold 5 mil cups of coffee in one...
Have you seen Luckin China’s new product flooding social media yesterday: an alcohol-flavored coffee in collaboration with Moutai (a renowned / staple Chinese liquor...
Pinduoduo has enough $$$ to fund Temu’s Southeast Asia expansion, and more
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 thoughts on Grab’s 2023 Q2 earnings
On Wednesday, Grab released its Q2 2023 results. Overall the company made good continuous progress towards profitability, with steady growth in GMV for both...
China Immersion: How teddy bears are involuting the retail scene
During our recent Momentum Academy China Leadership Immersion, we visited Mixc to understand the current retail landscape.
We hear a lot about "involution" or "卷“...
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...
SEA shares dropped almost 30% after Q2 earnings, here are our thoughts
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...
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...
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...
Our thoughts on whether Threads will replace Twitter
Unlikely, but it depends on the leaders
