IE Singapore groups SMEs to win e-commerce deals

It secured its first $100,000 deal in Southeast Asia.

International Enterprise (IE) Singapore grouped small to medium enterprises (SMEs) to secure e-commerce deals in Southeast Asia.

According to a press release, the group, which brought together Shopmatic, Red Dot Payment, and iCommerce Asia, has already secured its first $100,000 deal in Southeast Asia.

The combined solution will use offerings from the three SMEs.

Shopmatic will provide the e-commerce platform, including website building, product management, social and marketplace integration, analytics, maintenance and support.

Red Dot Payment will provide payment platforms for domestic and international customers, whilst iCommerce Asia will handle the logistics and supply chain management side.

IE Singapore is also working with Shopmatic and Octopus Retail Management to develop an integrated online-to-offline (O2O) e-commerce solution targeting Indian retailers.