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Kumu (stylized in lowercase) is a Filipino video sharing and e-commerce social networking service owned and developed by Kumumedia Technologies, Inc. The social media platform is used to livestream curated programs created by app users and partner brands and as an e-commerce platform for app users and partner brands who want to sell their merchandise online. [1]
Patrons of an internet café browsing a social media site. Social networking is one of the most active web-based activities in the Philippines, with Filipinos being declared as the most active users on a number of web-based social media sites such as Facebook, Instagram, Snapchat, and Twitter.
Meta Platforms United States: 2004 3.070 billion [1] [2] 2.11 billion daily active users [1] 2 YouTube: Alphabet Inc. United States: 2005 2.504 billion [3] 3 WhatsApp: Meta Platforms United States: 2009 2 billion [3] Had 1 billion daily active users when it had 1.3 billion monthly active users [citation needed] Instagram: Meta Platforms United ...
Shopee was first launched in Singapore in 2015, and has grown to become the largest e-commerce platform in Southeast Asia and Taiwan. [26] The company also serves consumers and sellers throughout Southeast Asia (Singapore, Malaysia, Thailand, Philippines, Vietnam, Indonesia), Taiwan, and Brazil. [27] [28]
However, Carousell's expansion into Taiwan faces competition against headstart companies like Yahoo! and Ruten, which are already settled in the e-commerce market. [14] In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [15] The company raised $85 million Series C funding in May 2018.
As of 2023, Shopee is recognized as the largest e-commerce platform in Southeast Asia, with a total gross merchandise volume (GMV) of $47.9 billion. [4] This figure represents nearly half of the total GMV of the Southeast Asian market. [5] The platform also facilitates online buying and selling for consumers and sellers in East Asia and Latin ...
The Manila and Singapore-based startup announced it has raised $1 million in seed funding, led by Wavemaker Partners with participation from ADB Ventures, the Asian Development Bank’s venture ...
Lazada Group (Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update]