Enterprise Singapore (ESG) launched the E-Commerce Booster Package on 2 April. This supports SME retailers with little or no e-commerce experience in starting their business transformation by selling online. The Package supports 90% of the cost for retailers to on-board e-commerce platforms for domestic...
Criteo, an international commerce marketing company, released on 5 November seasonal data which showed that Singles’ Day is still Singapore’s biggest shopping festival. Originating in China during the 1990s as celebration for single people, it has grown into a mainstream event and one of the most popular shopping days.
YouTrip registered an 84% year-on year increase in online overseas purchases by Singaporean users from July 2020 to June 2021. This builds on the previous spike in overseas spending recorded by the company in the first half of 2020, reflecting a greater appetite for...
In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally. In February and March of 2021, a new survey set out to...
Founded in 2017, PRISM+ is a local consumer electronics brand known for its gaming monitors and 4K TVs. While their most visible achievement is gaining a major market share in a short period of time, a behind-the-scenes factor in their success is successfully scaling their Customer Experience...
Founded in 2015, Fabelio offers well-crafted and high-quality furniture for the Indonesian market from local designers at attractive prices. SMEhorizon speaks to Fabelio’s Marshall Tegar Utoyo, CEO and Co-Founder, and Christian Sutardi, Co-Founder, about their inspiration for entering this sector, the company’s plans for omnichannel marketing, their...
To support businesses impacted by the COVID-19 pandemic, Facebook and Instagram have lined up new features to direct people to gift cards from local businesses on the platforms and purchase them via select third party partner sites. Facebook is testing a feature where people...
Payoneer Inc., a global payment and commerce-enabling platform, has announced a multifaceted relationship with Mastercard. Beginning with the Payoneer Digital Purchasing Mastercard, targeted at SMBs, eCommerce sellers and freelancers worldwide, Payoneer and Mastercard will work closely to better meet the needs of the B2B market. This...
Almost six in 10 (59%) Singapore business leaders describe their companies as surviving, with new waves of COVID-19 being their main challenge in 2021. In fact, 41% had considered closing their businesses from January to August 2021 due to pandemic volatility. This is according to the second Shop Small...
The Singapore Business Federation (SBF) has launched a new initiative named MAP, to systematically guide its members in their business transformation journey.For the pilot run, the MAP initiative is open to SBF members in the Wholesale and Retail Trade sectors, as well as those looking to pivot...