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Following the ECOMScape series that revealed the ecommerce landscapes in Southeast Asia’s largest six economies, eIQ is sharing a comparison of each country’s top e-marketplaces.

A marketplace is defined as the arena of competitive or commercial dealings. An e-marketplace can be horizontal – offering products from various categories – or vertical – offering only products of a specific category. Read more

Here’s what you should know.

1. Alibaba eyes Thailand for trade center launch

The Chinese ecommerce giant is planning to set up a regional electronic-trade centre and logistics system here to link Cambodia, Laos, Myanmar and Vietnam (CLMV) markets.

Alibaba Group planned to use Thailand as an ecommerce park – the base for product distribution to CLMV.

Alibaba Group, which is considering whether to set up its offices and warehouses in the EEC or at Suvarnabhumi Airport, has been encouraged to locate in the ECC, as its transportation facilities will be good after the expansion of U-tapao International Airport in Rayong province.

Read the rest of the story here.

 

2. Alibaba reportedly in partnership talks with Indonesia’s Emtek Group

Chinese internet giant Alibaba is reported to be in talks for setting up a joint venture with Indonesian media and tech mogul Emtek Group.

The partnership may open doors for Alibaba’s investment in Indonesian ecommerce platform Bukalapak, which Emtek holds a significant share in.

Emtek Group’s subsidiary PT Kreatif Media Karya also owns the license to develop the Blackberry Messenger (BBM) app, which remains one of the most popular messenger platforms in the Indonesian market.

Read the rest of the story here.

 

3. Singapore stock exchange inks partnership with P2P lending company

The agreement that can be considered unique to our modern economy is an MOU signed with Crowdo, a regional lending platform with P2P and equity crowdfunding options.  The company has two separate branches in Malaysia and Indonesia.

From the perspective of SGX, the motivation for these agreements is to build an infrastructure to educate companies on ways they can access capital.

Read the rest of the story here.

Here are the headlines you should know today.

1. Amazon to collect sales tax nationwide in the US in April 

Amazon will begin collecting sales taxes from all states with a sales tax as of April 1, 2017. Amazon won’t collect sales tax in Alaska, Delaware, Oregon, Montana and New Hampshire. Those states do not have a state sales tax.

Collecting sales tax on online purchases has been a controversial subject for years. Companies which make sales over the internet are still subject to the same sales tax collection requirements as offline stores.

Read the rest of the story here.

 

2. B2B/G ecommerce platform Mbiz raises Series A

The company has closed its Series A round, led by Japanese leasing company Tokyo Century Corporation (TCC). Though the exact number was undisclosed, co-founder Ryn Hermawan said that it has put the company’s valuation to $75 million.

Backed by Indonesian conglomerate Lippo Group, the launch of Mbiz followed the earlier launch of MatahariMall, the group’s B2C marketplace.

Mbiz itself is an e-procurement and e-catalogue platform which aims at blue chip companies as its main target market. Its purpose is to simplify the procurement process for businesses.

Read the rest of the story here.

 

3. Indonesia’s Bukalapak will hopefully be profitable by the end of 2017

Bukalapak, Indonesia’s third largest player in the marketplace landscape hopes to become profitable by the end of this year.

Bukalapak is among the larger C2C ecommerce platforms that focuses on helping small and medium enterprise go online. The company was rumored to be gearing up for an IPO back in 2016, it remains a long time goal.

Read the rest of the story here.

Here’s a round-up of what you need to know today.

1. Ecommerce service provider Shopmatic nabs Ruby on Rails dev team through acquisition

Singapore-based ecommerce startup Shopmatic has acquired Taiwanese Ruby on Rails technology company 5xRuby, it announced today. Founded by former PayPal staffers Anurag Avula, Yen Lim, and Kris Chen, the startup wants to solve the problem of small merchants who find it daunting to bring their business online. Its core user base is currently in India.

Read the rest of the story here.

 

2. Facebook wants to bankroll its own original shows

Facebook wants to bankroll its own original video shows, the company’s global creative strategy chief, Ricky Van Veen, told Business Insider on Wednesday. The videos Facebook wants to license will live in the new video tab of its mobile app and including “scripted, unscripted, and sports content,” according to Van Veen.

Read the rest of the story here

 

3. Harbolnas (12.12) boosted online shop sales

Bukalapak.com booked a total of 400,000 transactions during the two days of Harbolnas.

Bukalapak Brand Manager Ambrosia Tyas, said that most of the customers are attracted by the discounts and special offers presented during the Harbolnas.

“The number of transactions are five times higher compared to the 2015 Harbolnas,” Ambrosia said.

Read the rest of the story here

 

Southeast Asia’s marketplaces are placing emphasis on large scale sale campaigns. For insights into how they prepare for 11.11 sale, click here.

Before you start the day, here are the ecommerce headlines you should know.

1. BBM partners with Bukalapak to launch BBM Shopping in Indonesia

BBM has now officially announced a new partnership with Bukalapak, one of Southeast Asia’s largest ecommerce marketplace, to launch BBM Shopping in Indonesia. The new offering will be powered by BBM Checkout, which, securely stores payment credentials and shipping information after the first purchase.

Read the rest of the story here

 

2. Tokyo Century plans to launch an online lending platform in Indonesia with local partners by next year

Tokyo Century will partner with affiliates of Indonesian conglomerate Lippo Group, including online shopping operator Global Ecommerce Indonesia for the joint venture. The Japanese company plans to buy stakes in its partners, spending a total $100 million.

Their target borrowers will be mainly small to midsize businesses who run shops on the MatahariMall.com, GEI’s ecommerce platform, as well as the mall’s individual customers. Lending can be applied for on smartphones and other devices.

Read the rest of the story here

 

3.  Amazon launches ‘Amazon Launchpad’ in India

Through Launchpad, first unveiled in 2015 and now available in seven regions, Amazon partners with startups and sells their products on its giant ecommerce platform. Additionally, Amazon also helps startups market and promote their products.

The program will also enable Indian startups to sell their products oversees, said Amit Agarwal, Vice President and Country Manager for Amazon India. The India Launchpad portal is live with products from over 400 startups, of whom 25 are India-based.

No word on whether this will also be implemented in Singapore, Amazon’s latest entry target.

Read the rest of the story here

 

4. Amazon just opened a grocery store without a checkout line

Leveraging technology akin to self-driving cars, Amazon Go just opened the doors on its first checkout-free, cashier-free and line-free grocery store in Seattle. Amazon’s calling it “just walk out technology.”

Read the rest of the story here

Seven years after its launch, Tokopedia now has one million registered sellers on its platform, reports Tech in Asia.

The total number of products sold on the platform rose to 16.5 million a month this year.

tokopedia merchants

Source: Tech in Asia

Co-Founder and CEO, William Tanuwijaya said in a statement that the total value of items purchased on the platform is now ‘on the trillions of rupiah’ per month. Five trillion Indonesian rupiah would roughly equal $380 million.

These somewhat casual numbers are not to be taken for fact, but for the sake of comparison. Lazada’s GMV was just above $1 million in 2015, and that is the total number for all of Southeast Asia.

With the GMV hitting the hundreds of millions in USD monthly, it puts Tokopedia in the same league as Lazada.

Shift in shopping behavior

Tanuwijaya also pointed out that Tokopedia is the most popular home-grown site in Indonesia, with a total of 1.3 billion page views per month.

This reflects a big shift in shopping behavior among Indonesians. Two years ago, 56% of shoppers accessed Tokopedia from mobile devices and mobile transactions was only at 29%. Now, 80% of visits are from mobile, and mobile transactions rose to 74%.

Tokopedia’s rival, Bukalapak, also reportedly hit the 1 million merchants mark, but did not reveal any numbers. The ecommerce company revealed its figures to Tech in Asia, but because it is not a public company, there is no way of fact-checking the numbers.

A version of this appeared in Tech in Asia on August 18. Read the full version here