News

It’s a battle between Lazada and Qoo10 with Shopee on the side, a study found. Alibaba Group’s Lazada is the most preferred e-commerce site for Singaporeans in terms of monthly active users (MAU), a study by Malaysia-based shopping aggregator iPrice revealed. Lazada also leads in MAU in the Philippines, Malaysia, and Thailand, whilst it was ranked second and fourth in Vietnam and Indonesia, respectively.

The minimum stay duration for private residential properties will stay at three months.

Don’t expect gains today.

All locations saw more than a hundred transactions in Q1.

And about 164,000 Singaporeans living in private properties have not declared their income.

Sources claim that Grab is aiming to raise less than US$500m in the process.

Category A vehicles saw the highest premium increase of $3,505.

Its underperforming US e-commerce units will continue to weigh on performance.

The proceeds will be used to enhance the platform’s search and match functionality and finance hiring.

The sector’s market cap ballooned thirteen-fold and stands at over $40b.

Its debt moratorium was extended to 29 May.

Tenants include the Singapore Department of Statistics, adidas and WeWork.

Don’t expect gains today.

And SIA inks deal to boost tourist arrivals in Maldives.

However, there was a decline in number of sales due to diminishing sales for smaller units.

The loss came as a result of higher net finance costs and the absence of a one-off gain.