Niche Player
Week in Review: SEA e-commerce claims another high-profile victim
The ‘potential’ of South-East Asia’s e-commerce market claims another high-profile victim this year, with Ensogo joining Rakuten in announcing its withdrawal from the region’s e-commerce business.
The Ensogo bombshell: Quits SEA e-commerce space, CEO resigns
A mere two months after speaking confidently of its latest pivot, Ensogo CEO Krzysztof Marszalek has stepped down and the company is closing all its SEA e-commerce units. Karamjit Singh has the story, including why this is a rare failure for Patrick Grove.
