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Mixed outlook for S’pore’s e-commerce industry amid growing competition, economic uncertainty

The Straits Times LogoThe Straits Times2w ago

Mixed outlook for S’pore’s e-commerce industry amid growing competition, economic uncertainty - The Straits Times

Quick Summary:

The industry was plagued by layoffs and payment delays in 2024.

The programme aims to equip at least 300 Singapore companies with cross-border e-commerce knowledge through seminars, business reviews and business-matching by 2025.

Local e-commerce company Qoo10 was declared insolvent by the Singapore High Court in November, following its failure to pay merchants using its platform since July.

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Mixed outlook for S’pore’s e-commerce industry amid growing competition, economic uncertainty - The Straits Times (Picture 1)

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Article Details

Author / Journalist: Timothy Goh

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 05:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1290 words

Reading Time: 8 minutes read

Sentences: 46 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24241988

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 50 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

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The story "Mixed outlook for S’pore’s e-commerce industry amid growing competition, economic uncertainty" was covered 2 weeks ago by The Straits Times, a news publisher based in Singapore.

How trustworthy is 'The Straits Times' news outlet?

The Straits Times is a fully independent (privately-owned) news outlet established in 1845 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 15 news stories per day.

It's most recent story was published 50 minutes ago.

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  • News ID: #24241988
  • URL: https://beamstart.com/news/mixed-outlook-for-spores-e-17336920653827

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