Qoo10

Regulatory Action

MAS directs Qoo10 to suspend provision of all payment services under Payment Services Act

The suspension does not prevent Qoo10 from operating its e-commerce platform.

Startups, Entrepreneurs, Digital economy

Singapore's biggest online mall Qoo10 fights Alibaba with blockchain

(Apr 3): In the last decade, Ku Young Bae—a serial entrepreneur and South Korean transplant—has built Singapore’s biggest e-commerce company and fended off giant rivals like Alibaba, Amazon and Tencent.

Disruption and Digitalisation

Singapore malls try big gambit before online shopping catches on

(Nov 24): Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.

Bank of China partners Qoo10 to launch credit card for online shoppers

SINGAPORE (May 22): Bank of China has launched a co-brand Mastercard credit card with Singapore online retailer Qoo10 -- said to be the first-ever partnership between a bank and e-retailer locally.
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