Celcom Planet
Despite economic doldrums, 11street bullish on Malaysia
Although Malaysian consumers are likely to experience a decrease in spending power this year, online marketplace 11street remains bullish with regards to the e-commerce industry’s prospects and its own business opportunities in the country.
11street goes live in Malaysia
Malaysia’s newest e-shopping mall 11street.my, which was first announced in February, has gone live.
Korean e-marketplace 11street hits Malaysian shores with US$10mil warchest
South Korean-headquartered online marketplace 11street is set to launch its Malaysian marketplace in April, and said it will be investing US$10 million in its operations here this year.
Celcom forms JV with SK Telecom’s e-commerce subsidiary
Celcom Axiata said it entered into an agreement with South Korean e-commerce company SK Planet on Oct 31 to form a joint venture company called Celcom Planet, which is expected to launch an optimised e-commerce platform by the second half of 2015.
