aCommerce is looking to raise about US$200m in its upcoming Thailand IPO. aCommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). As per Euromonitor, the firm is the largest fully integrated service provider in SEA, with a market share of 16.5% as per 2020 gross merchandise value (GMV). ACOM’s changing GMV and sales mix has left its gross margins fluctuating with higher margin items affected by the global supply crunch. Whil...
Acommerce is looking to raise about US$200m in its upcoming Thailand IPO. Acommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). As per Euromonitor, the firm is the largest fully integrated service provider in SEA, with a market share of 16.5% as per 2020 gross merchandise value (GMV). Acommerce has been a key beneficiary of COVID during which it saw robust GMV and order growth. While take rate has dipped slightly, revenue ...
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