Indonesian e-commerce players face Catch-22 situation
Indonesia's e-commerce market is expected to hit US$81 billion in 2025, accounting for 40% of the total market in South-East Asia.
Week in Review: SEA e-commerce claims another high-profile victim
The ‘potential’ of South-East Asia’s e-commerce market claims another high-profile victim this year, with Ensogo joining Rakuten in announcing its withdrawal from the region’s e-commerce business.
Were there early warning signs of Ensogo’s SEA exit?
Ensogo's announcement that it was shuttering all its e-commerce operations in SEA still came as a surprise to many, but there were early warning signs.
The Ensogo bombshell: Quits SEA e-commerce space, CEO resigns
A mere two months after speaking confidently of its latest pivot, Ensogo CEO Krzysztof Marszalek has stepped down and the company is closing all its SEA e-commerce units. Karamjit Singh has the story, including why this is a rare failure for Patrick Grove.
Amazon’s US$600mil push into Indonesia will change the e-commerce landscape
Amazon.com Inc will be bringing a US$600-million war-chest into Indonesia with its designs on the country’s e-commerce market, according to a local media report.
Week in Review: Singapore welcomes a new telco
Singaporean consumers no doubt are rejoicing at the entry of a new mobile player, and while Ensogo goes in search of profitability, DNA gives you two bites of that story for you to taste.
Massive layoffs at Ensogo (again) as it retools (again)
Ensogo Ltd has cut its staff strength from 600 to under 300 in the first three months of this year, restructuring its business after reporting widening losses for its 2015 financial year.
DNA on BFM: A tale of three marketplaces
Today’s segment saw Karamjit Singh talking about his conversation with Ensogo CEO Krzysztof Marszalek, about Shopee introducing its own ‘university,’ and about SushiVid trying to create a marketplace to connect brands to YouTubers.