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Is ByteDance reflecting on its ecommerce strategy?
Many ecommerce ecosystem stakeholders we spoke to have been puzzled by TikTok Shop’s prolonged focus on profitability this year.
Earlier this year, TikTok Shop reduced...
E94 – The Impulso Podcast – Disneyland or Cyberpunk: how does this Chinese restaurant...
Wenheyou (文和友), a Chinese restaurant often dubbed the "Disneyland of Chinese cuisine", serves over 40,000 diners a day!
The 6-story restaurant (located in Changsha, China)...
Temu launches in Vietnam
Temu has launched in Vietnam and Brunei, bringing the ecommerce platform’s number of markets in Southeast Asia to 5.
The ecommerce platform started its first...
A day in Vietnam’s retail landscape: what we have learnt
Momentum Works team recently spent a full week in Ho Chi Minh city. In addition to hosting the “Winning in Vietnam: the most vibrant...
E90 – The Impulso Podcast – Closing the gap with China: Vietnam’s ecommerce growth?
In this episode of the Impulso Podcast, we leave the studio behind for Can Gio, a district set to become a major economic hub...
J&T Express turns profitable in China
Yesterday (19 Aug), J&T Express released its unaudited interim results for the 1st half of 2024. The company registered an adjusted EBIT of US$118.243...
Shopee shines in Q2, where have its rivals gone?
Yesterday, Shopee’s parent Sea Group released its Q2 2024 results. The capital markets responded very positively, sending the share price up nearly 12%.
No doubt...
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 launches in Thailand
Its 3rd market in Southeast Asia
[New report] Ecommerce in Southeast Asia achieves US$114.6 Billion GMV in 2023
Total GMV of Southeast Asia’s 8 leading ecommerce platforms rose to US$114.6 billion in 2023, up 15% from 2022.
Today, we are happy to release...
