Showing 1 - 10 of 100
E-marketplaces brace for competition
Business, Suchit Leesa-nguansuk, Published on 08/01/2018
» Intense competition from global commerce players has forced local e-marketplace operators to adapt for survival.
BoT chews over e-marketplace proposal
Business, Somruedi Banchongduang & Suchit Leesa-nguansuk, Published on 31/01/2018
» The Bank of Thailand is mulling requests made by six financial institutions to offer their own e-marketplace platforms, viewed as an effort to gain a first-mover advantage in online financial services to guard market share ahead of the full-scale entry of technology and payment behemoths.
Shippop hits e-commerce wave as logistics aggregator service
Business, Suchit Leesa-nguansuk, Published on 01/02/2018
» Shippop, a local e-logistics aggregator startup, hopes to take advantage of the booming e-commerce industry in Asean.
Creden.co offers eKYC service
Business, Suchit Leesa-nguansuk, Published on 09/02/2018
» Creden.co, a local startup, is the latest fintech created to provide online authentication using eKYC (electronic Know Your Customer), paving the way for cryptocurrency and initial coin offerings (ICO).
The coming battle for e-commerce
Business, Suchit Leesa-nguansuk and Somruedi Banchongduang, Published on 12/02/2018
» With the Bank of Thailand issuing regulations to govern financial institutions engaged in the e-marketplace, the domestic e-commerce arena is poised for local firms to battle it out with foreign e-commerce behemoths.
Amazon luring Thais for sales to US
Business, Suchit Leesa-nguansuk, Published on 14/03/2018
» More opportunities are opening for Thai small and medium-sized enterprises (SMEs) as Amazon.com expands its footprint in business-to-business (B2B) e-commerce here as part of its Asean expansion outside of Singapore.
Tarad looks to TCC for survival
Business, Suchit Leesa-nguansuk, Published on 22/03/2018
» TCC Group's planned acquisition of Tarad.com signals the accelerating consolidation of Thailand's hyper-competitive e-commerce market, which up to now was controlled by Chinese online retail titans.
TCC's digital arm buys 51% of Tarad
Business, Suchit Leesa-nguansuk, Published on 28/03/2018
» TCC Group, owned by billionaire Charoen Sirivadhanabhakdi, is flexing its muscles in the Thai e-commerce market, until now dominated by Chinese titans Alibaba and JD.com, by acquiring a majority stake in Tarad.com at an estimated price of at least 250 million baht.
Grabbing too big a share?
Business, Suchit Leesa-nguansuk and Piyachart Maikaew, Published on 02/04/2018
» The recent acquisition of Uber Technologies Inc's Southeast Asian operations by fierce rival Grab has stoked fears of a monopolistic entity taking control of the regional ride-hailing service. Critics say that with competition poised to drop, so will consumer benefits and choice.
Jack Ma hints at $3bn investment
Business, Jesus Alcocer & Suchit Leesa-nguansuk, Published on 20/04/2018
» Alibaba supremo Jack Ma has suggested that the group's investment in Thailand will be at least US$3 billion (93.6 billion baht) over the next five years as the Chinese e-commerce giant seeks to capitalise on adoption of its platform and financial services by farmers and other underserved people.