As stricter safe distancing measures for public venues, social activities and activities are introduced by the Government to reduce the risk of further local transmission of COVID-19, restaurants across Singapore are turning to delivery as a way to sustain their businesses and keep serving customers in their...
A Shopee study explored the impact of Malaysian influencers on informing Malaysians' purchase decisions online. Its marketplace study examined the motivational structures of 2,459 buyers, consisting of Gen-Z (40%), Millennials (36%), Generation X (17%) and Baby Boomers (7%), in following influencers.Five in ten of Malaysians relate most to...
Small and medium-sized businesses (SMBs) in Singapore have had to pivot from their traditional brick-and-mortar operations and move online in the face of COVID-19 disruptions. Aided by global payment systems, some have managed to thrive and expand their reach overseas. 25% of online SMBs...
The pandemic has reshaped shopping habits online, and new consumer behaviors are here to stay. Over three quarters of online shoppers in Singapore now say they are onboard with cross-border shopping, nearly double the number who were receptive to the idea before the pandemic.
In 2020, with uncertain times taking the world by a storm, many businesses have fallen victim to the pandemic and its devastating impact. During Singapore's circuit breaker, individuals and businesses alike, were constrained from many day-to-day activities in an attempt to curb the virus;...
My Fashion Republic Group, a Sydney headquartered online retailer of luxury products accounted on 29 October 2019 that it has signed a definitive agreement to acquire Luxify.com, an online market place for luxury goods from Hong Kong. Launched in 2013, Luxify.com, has made its name as an established...
Maybank has announced that it has integrated its online Sama-Sama Lokal marketplace into its MAE banking app to further assist Small and Medium-sized F&B Enterprises (F&B SMEs) in Malaysia, such as local hawkers and home-based businesses, to market their food offerings to its retail customers.
OCBC Bank has seen a surge in the use of PayNow by its small and medium enterprise (SME) customers, among whom seven of every 10 have registered for the funds transfer service. The volume of PayNow transactions by the bank’s SME customers in the first 10 months...
Although many small businesses in Indonesia were adversely impacted by COVID-19 in 2020, a strong focus on online sales and customer satisfaction should lead to a rebound in small business activity in 2021, according to CPA Australia. CPA Australia's Asia-Pacific Small Business Survey shows the...
NatureBond is a company founded by Singaporean parents offering baby and maternity products to its customers. Inspired by their experiences becoming new parents, the company’s founders, Jeffrey Chua and Xu Qiuling took a keen interest in baby products and have set their sights on building a global...