Tag: ecommerce
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TikTok Supports Brands with the TikTok Shop Mall Launch
TikTok Shop continues to be a reliable and trusted e-commerce platform for Singaporean brands and shoppers as it launches TikTok Shop Mall, a by-invite only channel exclusively for brands’ flagship stores and authorized online retail outlets. Through TikTok Shop Mall, TikTok Shop aims to further enhance Singaporeans shoppers’ positive experience by providing them access to…
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e-commerce co-founder steps downs in Southeast Asia
Carousell co-founder Lucas Ngoo will step down from day-to-day management after 11 years. Despite this, he will maintain vested interests in Carousell’s success and play an advisory role. Ngoo aims to focus on learning new areas of innovation and industries. Carousell also recently opened a new regional headquarters in Singapore.
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TikTok completes mega social commerce merger in Indonesia
The mega merger between TikTok and ecommerce platform Tokopedia in Indonesia has been finalized, bringing TikTok Shop back to the country from a previous ban. The combined entity, now co-owned by TikTok and GoTo Group, will see TikTok holding a controlling stake. Additionally, the establishment of a technology center with Gadjah Mada University and a…
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Instacart Adds Peacock as First-Ever Streaming Partner
Peacock and Instacart partnership allows Instacart+ members to access Peacock Premium at no extra cost. This collaboration offers free delivery, reduced fees, and a 5% credit back on eligible pickup orders. The ad spot will feature iconic holiday scenes from Peacock shows, and the partnership aims to enhance customer experience during the holiday season.
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TikTok among other social networks eye on e-commerce licenses
TikTok and YouTube are considering applying for e-commerce licenses in Indonesia following the country’s ban on social media e-commerce. With a population of over 270 million, Indonesia recorded $52 billion in e-commerce transactions last year. The move came after Meta Platforms applied for a similar license.
