grabpay southeast asia

Here are today’s top ecommerce headlines.

1. Shopping glee during Harbolnas anticipated despite Indonesia’s slowdown

The three-day event, scheduled from Dec. 12 to Dec. 14, has driven 205 online stores to confirm their participation out of 237 stores that previously expressed interest. Several online giants are among them, such as Lazada, Zalora, Traveloka, ShopBack and Elevenia.

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2. Facebook picks Indian fashion platform CoutLoot for FbStart program

The FbStart initiative from the company helps the users to grow their startups by leveraging valuable tools and services, worldwide events and opportunities to engage with the Facebook team.

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3. Ride-hailing app Grab ventures into mobile payments

Ride-hailing-app operator Grab debuted a cashless mobile payment service Tuesday that taps the Singaporean company’s customer base in Southeast Asia to try to capture a slice of the region’s highly competitive e-money market.

The new GrabPay Credits service lets users store cash credits on the Grab app. The offering is being rolled out in Singapore and Indonesia and eventually will appear in other Southeast Asian markets where Grab already operates, such as Malaysia, Thailand, Vietnam and the Philippines.

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