Tag: online shopping

Chinese e-commerce companies are solidifying their dominance of Southeast Asia's rapidly expanding online shopping market, accounting for as much as half of business-to-consumer e-commerce, according to a new study by the consulting firm Bain. While Indonesia, Thailand, and the Philippines ...

Indonesia's antitrust agency said Monday it was probing local units of e-commerce giants Shopee and Lazada for potential breaches of anti-competition rules. The agency said it was closely watching PT Shopee Internasional Indonesia and PT Ecart Webportal Indonesia, the domestic units ...

Chinese-owned TikTok announced on Monday that it is taking over 75% stake in Tokopedia, the Indonesian e-commerce unit of GoTo’s super-app ecosystem. The company said that it will spend a total of $1.5 billion and that the transaction will be completed by the first quarter of ...