E-COMMERCE

Two Singapore-based startups led by tech alumni raise US$76m

TWO Singapore-based startups founded by former Fave, Carousell and foodpanda executives on Thursday separately announced a combined US$76 million in seed funding and debt to acquire e-commerce...

E-commerce startup founded by ex-Carousell, Fave executives launches with US$36m funding

RAINFOREST, an e-commerce brand aggregator headquartered in Singapore, is launching with US$36 million in seed financing to buy and grow Asia-based brands that sell on Amazon.

Pick Network launches first batch of over 200 parcel lockers

PICK Network has rolled out its first batch of more than 200 parcel lockers island-wide, the government-owned parcel locker operator (...

Online retail boom gets reality check

LAST YEAR'S Covid-19 circuit breaker looked like boom time for e-commerce, as shuttered stores forced shoppers online.

By plane or raft, parcel delivery startups going places in South-east Asia

IT MAY seem unusual for a delivery upstart to launch its own cargo aircraft. But in the cut-throat game of e-commerce logistics, such big moves could be increasingly par for the course in South-...

E-commerce giants bulk up on logistics, but it's not endgame for 3rd-party players

BRIGHT orange vans, with "Shopee Xpress" emblazoned across in white font, have become a common sight on Singapore's roads. This reflects a growing trend across South-east Asia: e-commerce...

E-commerce competition set to rise with Coupang said to be entering Singapore

SOUTH-EAST Asia's e-commerce market is set to get more crowded, with South Korea's e-commerce giant, Coupang, reported to be expanding into Singapore.

E-commerce boom to benefit Apac logistics players

ASIA-PACIFIC'S logistics expenditure is estimated to log a compound annual growth rate (CAGR) of 6.5 per cent between 2020 and 2024, according to Transport Intelligence (Ti).

Digital transformation is not just about technology

OVER the last decade, we have seen how in the context of a global crisis, the global digital narrative is capable of advancing in leaps and bounds. The Sars outbreak in 2003 was a watershed moment...

Parcel locker network: private or government-owned?

SINGAPORE'S nationwide parcel locker network is set to be owned and operated by the government entity Pick Network, with 1,000 locker stations expected in HDB estates, transport nodes and...

Pick Network not created to stifle competition in parcel-locker sector, says Sim Ann

PICK Network, the government-owned entity that will operate Singapore's upcoming parcel-locker network, was not created to stifle competition among private-sector parcel-locker operators, Senior...