Here’s what you should know:

1. Baidu teams up with to send users straight to the checkout

China’s largest search engine, Baidu, has struck a deal to funnel users looking for products to online retailer

Users browsing for product information on Baidu’s mobile search app can now buy items directly from within Baidu’s app, enabling the company to glean valuable data on its customers’ preferences.

The partnership will help Baidu build more personalised ads and product suggestions, while shortening consumers’ journey for’s products.

Read the full story here.

2. Pos Malaysia signed a bilateral arrangement for collaboration in ecommerce

Pos Malaysia signed a bilateral arrangement with its Tunisian counterpart La Poste Tunisienne for collaboration in ecommerce business.

The arrangement covers cooperation in areas such as developing and enhancing the ecommerce portfolio in terms of exchanging ecommerce parcels and small packets between the two parties at a competitive price.

The agreement will also serve as a platform for both parties to share information with regards to enhancing the ecommerce products, services and activities globally.

Read the full story here.

3. Recommended Reading: How will fashion retailers crack the last mile in ecommerce business?

Last mile remains both the most challenging and costly segment of the ecommerce journey, accounting for nearly 50% of the total cost of delivery.

For retailers, efficiency in the last mile translates into both savings and a more pleasurable transaction for the consumer.

“The main challenge for companies is that the last mile matrix is getting increasingly complex with all the different delivery channels. In order to succeed, retailers will have to orchestrate their logistics matrix strategically.”

Read the full story here.

Here’s what you should know:

1. Chinese regulator launches investigation against Tencent, Weibo, and Baidu

Chinese internet giants Tencent, Weibo, and Baidu are under investigation by Chinese government after reports of multiple violations.

The Cyberspace Administration of China instructed its Beijing and Guangdong branches to look into reports of content laden with “violence, porn, rumors” that swerling in the three platforms.

China has applied increasing pressure over internet media as the country prepare for Communist Party congress later this year that is expected to consolidate President Xi Jinping’s authority.

Read the full story here.

2. Logistics software Yojee raises $2.5M to grow in Asia Pacific

Singapore-based logistics software developer Yojee raises $2.5 million from undisclosed investors.

Its software enabling logistics providers to automate their business with features like real-time tracking, pickup and delivery confirmation, and more.

The company plans to fund its sales and marketing effort and further develop its technology. The company is listed on the Australian Securities Exchange.

Read the full story here.

3. Ola raises $36M to fuel its battle with Uber in India

Indian-origin cab-hailing company Ola has raised $36 million from New York-based hedge fund Tekne Capital Management.

This funding will give Ola the much-needed ammunition for its fight with Uber, which has captured a significant marketshare in the country.

It is not clear if this is a part of a larger round of funding. Report of Microsoft in talks with the company to invest between $50 million and $100 million also surfacing earlier. As well as Softbank’s plan of $300 million.

Read the full story here

Here’s what you should know today:

1. Baidu partners with PayPal for mobile wallet service

PayPal is expanding its presence on mobile by pairing up with Baidu, allowing the Chinese company’s 100 million users to make payment to PayPal’s 17 million merchants.

The news is the latest in a series of partnership from PayPal after integrating with Apple and Samsung Pay, as well with banks Citi and Chase.

For Baidu, the partnership offers a way to increase the odd in their favor on the competition in China’s mobile wallet landscape that currently dominated by Alibaba’s Alipay and Tencent’s WeChatPay.

Read the full story here

2. Whatsapp hits 1 billion daily users, Whatsapp Status has more users than Snapchat

Chat messengers app Whatsapp records 1 billion daily users as revealed during the Q2 2017 Facebook Earning calls. The company only has 350 million daily users when it was acquired by Facebook in 2014.

Facebook has also successfully rolling out Snapchat’s Stories format to a much wider audience than the original inventor.

Instagram Story and Whatsapp Status are each used by 250 million people every day, meanwhile Snapchat only has 166 million daily users on its app. Facebook itself records 2 billion monthly users.

Read the full story here.

3. Snapdeal to sell its digital payment platform FreeCharge to Axis Bank

After accepting the buyout from Flipkart for $950 million, Snapdeal is also selling its digital payment platforms FreeCharge to Axis Bank for $60 million.

Axis Bank will have access to FreeCharge’s base of over 50 million mobile wallet users, its staff of about 150 – 200 and its resources and proprietary tech.

FreeCharge was first acquired by Snapdeal in 2015. The deal was reportedly worth about $400 million.

Read the full story here.

Here’s what you should know today:

1. Singapore-based ShopBack expands to Thailand

Cashback startup Shopback has announced its official expansion to Thailand – making it the sixth markets in Southeast Asia.

There are currently over 100 merchants in its Thai platform to date, including big names like Expedia,, Sephora, Pomelo, Lazada, Grab, and Uber. Consumers can expect to receive maximum 30% of rebate when using ShopBack.

Besides Thailand, ShopBack also present in Singapore, Malaysia, the Philippines, Indonesia, and Taiwan. The company currently has 3 million users and has paid over $10 million in cashback to its customers.

Read the full story here

2. Amazon Prime Day breaks record, sales grew by more than 60% 

Amazon announced that its third annual Prime Day was its biggest day ever, with sales grew by more than 60% from the same period last year and surpassed its 2016 Black Friday and Cyber Monday results.

However, the results maybe skewed as last year’s event was shorter as it was only last for 24 hours (compared to this year’s 30 hours) and involved fewer countries. However, the results is still notably impressive given that July tends to be a sluggish time for retailers.

Amazon has successfully using Prime Day to drive both sign-ups for its annual Prime membership and promote its products.

Read the full story here

3. can soon replace Baidu’s place among China’s internet giants has experienced a very good year so far as the recorded strong revenue growth and signed a major partnership deal Farfetch, a global luxury fashion site. For these reasons, the analysts are predicting will soon overtake Baidu in term of market capitalisation. is also gaining ground in market share. While Alibaba’s Tmall controls nearly half (48.5%) of China’s B2C ecommerce market, now controls 33.8% market share, according to figures from iResearch China.

Their recent partnership with Farfetch will also gives a significant boost over Alibaba as it will reinforced’s reputation for authentic and high-quality goods, an issue that continues to plague Alibaba.

Read the full story here


Here’s what you should know today.

1. Amazon is hiring people to break into the multibillion-dollar pharmacy market

Amazon is hiring a business lead to figure out how the company can break into the multibillion-dollar pharmacy market.

But this year, with the rise of high-deductible plans and the trend toward consumers paying for health care, it is ready to get more serious.

The company recently started selling medical supplies and equipment in the U.S., and is hiring for its “professional health care program” to ensure that the company is meeting regulatory requirements.

For Amazon, it’s a lucrative market that would require navigating a variety of existing players. For consumers with a high dollar deductible, Amazon could someday be a go-to destination to shop for drugs.

Read the rest of the story here.


2. WeChat just launched a search engine

WeChat launched a new feature conspicuously named “Search.” Created just for the app’s search engine, it lets users trawl through WeChat brand accounts, articles, music, and more.

Though it’s simply a new entry point for search queries for now, it signals commitment from Tencent – and perhaps new features to come.

The combination of social data, plus payment data, plus search query, will kill Baidu.

By investing more in its own in-app search engine, it’s clear that WeChat isn’t planning to open itself to other parties anytime soon. If you want to publish on WeChat’s platform, you have to register an account with WeChat. You have to play by the app’s rules.

Read the rest of the story here.


3. Singaporeans prefer electronic payments to cash

A Visa study has revealed that Singaporeans have the highest preference for electronic payments the in Southeast Asian region.

87% of Singaporeans prefer making electronic payments to using cash, indicating the highest preference for electronic payments in the region.

Nearly half (48%) of respondents stated they have more payment cards in their wallets now, compared to five years ago. The main reasons for not carrying large amounts of cash include an increased habit of using payment cards, mobile wallets and contactless cards.

Read the rest of the story here.


 4. Carousell is finally trying to monetize by allowing users to boost listings for a fee

For $2.14, users can bump their listing to the top of the relevant category for three consecutive days. Meaning that the listing will be pushed to the top (then move down as more listings are added), then move to the top again after 24 hours.

The feature, called ‘Bump’, also has a free option. Listings that are at least a week old can be boosted to the top once per week. The caveat is that sellers have to reduce their item’s price by at least 10 per cent.

Read the rest of the story here.