Latest Ecommerce News
Bukalapak posts 23% revenue growth in 2023, nearly hits EBITDA breakeven in Q4
The ecommerce firm's adjusted EBITDA stood at negative US$2.9 million for Q4…
GoTo CEO delivers first quarterly profit, but will he stay on?
Patrick Walujo’s strategic prowess sealed a game-changing deal with TikTok, yet questions…
Alibaba calls off Cainiao IPO, looks into $3.8b investment for full ownership
The news comes a few months after the Chinese tech giant shelved…
Shein posts over 2x profit growth to $2b ahead of IPO
The company's gross merchandise value, which reflects the total sales on its…
Blibli cuts operating losses by 29% in FY 23, revenue down 4%
The Indonesian firm attributed the drop in net revenue to its strategy…
Carro posts 67% revenue jump in FY 2023, generates positive adjusted EBITDA
The used-car marketplace previously said it had hit US$11 million in EBITDA…
Ecommerce roll-up firm Una Brands hits EBITDA profitability as industry struggles
This comes after the company, which is backed by Lazada Group former…