Here’s what you need to know before the weekend starts.

1. Zalora Indonesia reportedly getting acquired by MAP Group

Yesterday, it was announced that Zalora has sold 49% of its Philippines business to real estate firm Ayala. Now, it is apparently in talks to sell the Indonesian branch to Indonesia’s retail group MAP.

What is MAP? Listed on the Indonesian stock market, MAP operates close to 2,000 retail outlets in Indonesia, including departure stores and fashion outlets. By acquiring Zalora, the retail group will be making a foray into ecommerce.

Zalora currently operates in eight countries across Asia Pacific.

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2. Ho Chi Minh City is looking to tax sales on Facebook

Ho Chi Minh city’s ecommerce landscape is growing with more than 80,000 websites, but tax collection from the segment is low, said Pham Thanh Kien, head of the city’s trade department. This is especially the case for Facebook-social commerce is popular in Southeast Asia.

No word on whether this will actually go through.

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3. How much is Alibaba’s brand value?

Alibaba Group climbed into the top 10 of the world’s most-valuable technology brands, garnering the No. 8 slot in London based Brand Finance’s 2017 survey.

Source: Alizila

“Its success stems from the opportunities to both open up and simplify commerce for Chinese communities, particularly rural ones.” The Brand Finance report said.

Read the rest of the story here.

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