Insights Archives - KrASIA
WEBInsights. TikTok Shop’s GMV soared in 2023, putting Shopee and Lazada on edge. With GMV skyrocketing to USD 16.3 billion in 2023, TikTok Shop is shaking up Southeast Asia’s e-commerce market, giving Shopee and Lazada a run for their money.
KrASIA | Spotlighting Asia’s next wave of innovations
WEBKrASIA reports the most promising trends and businesses across the tech and startup ecosystems in the Asia Pacific. Uncover the next wave of innovations with us.
Kubota cultivates smart farming in Thailand - KrASIA
WEBJan 30, 2023 · The smart farming market in the Association of Southeast Asian Nations is estimated to rise to about USD 190 million in 2025 from roughly USD 160 million in 2019. Although the pace is slower than in the West, ASEAN’s market is expected to steadily grow. Furthermore, countries in Southeast Asia have rolled out their own digitization initiatives.
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · Greybox Coffee is a specialty coffee brand that focuses on high-end coffee products and experiences. It is part of the top six Chinese coffee companies in 2020, along with Luckin, Coffee Box, Pacific Coffee, Fisheye Cafe and Coffee King.
Alibaba’s Lazada achieves first profit despite TikTok Shop’s 2023 ...
WEBAug 15, 2024 · Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead. Lazada, Alibaba Group’s Southeast Asian e-commerce platform, has hit a pivotal moment in its journey. In July, for the first time in its history, the company reported a monthly profit—a signal ...
I spent a week using China’s digital yuan, here’s how it went
WEBJul 6, 2021 · For the first time, the digital yuan, more formally called the Digital Currency Electronic Payment (DCEP) system, was part of JD.com’s signature annual sales event. Some 130,000 consumers spent RMB 21 million (USD 3.25 million) in e-yuan to buy all manner of JD’s proprietary products, the e-commerce operator said in late June.
About us - KrASIA
WEBKrASIA is a digital media company reporting on the most promising technology-driven trends and businesses in the Asia Pacific. Founded in 2017, KrASIA is a tech media platform that covers news from the tech and startup ecosystems in Asia. From fundraising news to analysis of the latest tech trends, we help our audience keep up with the ...
The future of agrifood tech in Southeast Asia: Agriculture in the ...
WEBApr 20, 2022 · Learn how agritech is transforming agriculture in Southeast Asia amid climate change and COVID-19 challenges. Discover how digital technologies, urban farms, and e-commerce platforms are boosting food production and resilience in the region.
China automakers doubled Thai market share in 2023 on EVs
WEBFeb 22, 2024 · China’s share in Thailand’s new-auto market more than doubled to 11% in 2023 as electric-vehicle powerhouses like BYD weakened Japanese automakers’ grip. Thai sales of passenger cars and commercial vehicles totaled 775,780 units, down 9% on the year, according to nationwide data announced by …
TikTok wraps up Singapore hackathon, reveals grand final winners
WEBAug 16, 2024 · TikTok held its first multimarket hackathon in Singapore, where 102 student teams from Southeast Asia competed to solve business challenges with technology. The grand finals revealed the winners of categories such as …