Welcome Guest ( Log In | Register )

5 Pages < 1 2 3 4 5 >Bottom

Outline · [ Standard ] · Linear+

> Why are all the e-commerce companies Singaporean?, Does Malaysia have one?

views
     
helpful
post Jun 14 2021, 12:41 PM

Getting Started
**
Junior Member
109 posts

Joined: Dec 2014
QUOTE(Thirmaha @ Jun 14 2021, 12:09 PM)
Have you realized that all the e-commerce companies are from Singapore? Carousell, Qoo10, Lazada, Shopee, Zalora etc. Why?

I know Indonesia has Tokopedia, but they don't seem to be influential or even well-known outside of Indonesia. Meanwhile companies such as Shopee are present even in countries outside of Asia. It's like they are trying to compete with Amazon as an alternative in the long-term.

Should Malaysia also have an e-commerce company just to serve our interests, both as customers and sellers? Why rely on Singaporean companies? All we're doing is propping up their fintech economy at our expense.
*
Usually companies will have to apply for licences & permits from Govt .

There are many roadblocks . So the easiest way is minimum hassle ----flagship co in Singapore ---- and which country wants to operate in ---use another company whether subsidary or another person name also ok ( just minimum hassle or to avoid legal implications for complying with local requirements )

ParkBoGum
post Jun 14 2021, 12:43 PM

New Member
*
Newbie
44 posts

Joined: Feb 2017
Before set up a startup company, here will ask you orang kito ke?
Bukan? Funding takde. Approvals pun mungkin tak dapat.


thepark
post Jun 14 2021, 12:43 PM

New Member
*
Junior Member
20 posts

Joined: Jul 2009

Tax haven
JeremyLord
post Jun 14 2021, 12:45 PM

Casual
***
Junior Member
305 posts

Joined: Nov 2012
From: Planet Earth

U know i know
Dezs
post Jun 14 2021, 12:45 PM

Casual
***
Junior Member
461 posts

Joined: Jan 2011
From: Lobang Batu


QUOTE(Thirmaha @ Jun 14 2021, 12:09 PM)
Have you realized that all the e-commerce companies are from Singapore? Carousell, Qoo10, Lazada, Shopee, Zalora etc. Why?

I know Indonesia has Tokopedia, but they don't seem to be influential or even well-known outside of Indonesia. Meanwhile companies such as Shopee are present even in countries outside of Asia. It's like they are trying to compete with Amazon as an alternative in the long-term.

Should Malaysia also have an e-commerce company just to serve our interests, both as customers and sellers? Why rely on Singaporean companies? All we're doing is propping up their fintech economy at our expense.
*
Because we are stupid, untalented, and even if we tried, will kena songlap to the ground before it even began.
Tingauiskucing
post Jun 14 2021, 12:45 PM

New Member
*
Junior Member
13 posts

Joined: Oct 2020
Member 11street? See how Axiata butcher it even though it was better than shopee initially
kelvinlym
post Jun 14 2021, 12:51 PM

Yes, that was my car.
*****
Senior Member
949 posts

Joined: Jun 2007
From: Kuala Lumpur


QUOTE(Thirmaha @ Jun 14 2021, 12:09 PM)
Have you realized that all the e-commerce companies are from Singapore? Carousell, Qoo10, Lazada, Shopee, Zalora etc. Why?

I know Indonesia has Tokopedia, but they don't seem to be influential or even well-known outside of Indonesia. Meanwhile companies such as Shopee are present even in countries outside of Asia. It's like they are trying to compete with Amazon as an alternative in the long-term.

Should Malaysia also have an e-commerce company just to serve our interests, both as customers and sellers? Why rely on Singaporean companies? All we're doing is propping up their fintech economy at our expense.
*
If you are in the business circle, you'll know that it's easier to do international business in Singapore due to the favourable terms.

Also, there are no 'little Napoleans' who wants to control your business while giving little of value just because they have certain titles and connections.

It's a serious problem.
whyamiblack
post Jun 14 2021, 12:52 PM

Getting Started
**
Junior Member
52 posts

Joined: Feb 2014
Malaysia has too many cheap and lazy sitting investors. Just want to throw money, sit and do nothing. Even the big ones are like that. Throw money, expect multibagger returns and own part of the company. While you and your team are the ones who came up with the idea and worked on it ground up. Would you give up part of the company to people like this? Joe Rogan mentioned this once on his podcast which was why he went with spotify because that's the only one that wasn't asking for what he owns and actually lets him do what he wants. Also, Singapore has better terms apparently. Heard the CEO of Cakedefi mentioned this in an interview before.

This post has been edited by whyamiblack: Jun 14 2021, 12:55 PM
XXXOOOXXXOOO
post Jun 14 2021, 12:52 PM

Regular
******
Senior Member
1,471 posts

Joined: Apr 2019

friendly E-enviroment n finance environment .....
i created one Apps in Malaysia, zero support ...
i create one apps in Sg, SGD 20k sponsor by sg gov.
ComingBackSoon
post Jun 14 2021, 12:54 PM

Enthusiast
*****
Junior Member
768 posts

Joined: Oct 2010
You check and see Singapore corporate tax rate.

Then you check Indonesia tax rate.

Then you tell me if you are boss, where you want to incorporate your e-commerce company.
TSThirmaha
post Jun 14 2021, 12:55 PM

New Member
*
Junior Member
3 posts

Joined: May 2019

QUOTE(XXXOOOXXXOOO @ Jun 14 2021, 12:52 PM)
friendly E-enviroment n finance environment .....
i created one Apps in Malaysia, zero support ...
i create one apps in Sg, SGD 20k sponsor by sg gov.
*
Serious? 20k just like that? Wow
novblaze
post Jun 14 2021, 12:56 PM

Getting Started
**
Junior Member
150 posts

Joined: Jan 2015

Because malaysian bosses no embrace new things. So hard to get funding etc.

A lot of new fintech start up in Malaysia cannot get business in Malaysia rejected by local banks and companies. Then they get business from indo or Thai first. Then there implement successful baru local bosses want to masuk
l4nunm4l4y4
post Jun 14 2021, 12:59 PM

On my way
****
Junior Member
656 posts

Joined: Aug 2011

Coz there is no 20-30% to appease the dumbfools
Taikor.Taikun
post Jun 14 2021, 01:01 PM

Enthusiast
*****
Junior Member
737 posts

Joined: Sep 2018
It is very easy n fast to start up ther n get support, funding... etc. Here, promised utilities incentives 10 years can suddenly cut short that incentive to 2 years n threaten take it or leave it. Also when renew visas, high execs n expats r advised to come less, hire local lah... u no need come often. So, if u r foreign companies, what is ur natural decision?
XXXOOOXXXOOO
post Jun 14 2021, 01:03 PM

Regular
******
Senior Member
1,471 posts

Joined: Apr 2019

QUOTE(Thirmaha @ Jun 14 2021, 12:55 PM)
Serious? 20k just like that? Wow
*
yup that is early stage of apps era (2011-2013), than sg gov provide 150k for local business ....
they have plenty subsidy ..
80ers
post Jun 14 2021, 01:04 PM

New Member
*
Newbie
32 posts

Joined: Jan 2018
Here before start company already kena bagi 30% equity to tongkat people without any compensation, who want to do base operation here
+3kk!
post Jun 14 2021, 01:04 PM

Look at all my stars!!
*******
Senior Member
8,264 posts

Joined: May 2006
QUOTE(empyreal @ Jun 14 2021, 12:13 PM)
Because its easier to get start up financing there. You pitch a good idea and people will invest.

Pitch a good idea in malaysia amd people will say property is better, or ask for ponzi game 'guaranteed returns'.
*
+1

Add bitcoin to that
alanyuppie
post Jun 14 2021, 01:08 PM

Look at all my stars!!
*******
Senior Member
2,703 posts

Joined: Jul 2006
From: here


Blind greed will doom us all. Put rm10 effort want rm1000 equity.
throwaway account
post Jun 14 2021, 01:08 PM

New Member
*
Junior Member
24 posts

Joined: Apr 2019

11street kan ada.
Nicklly
post Jun 14 2021, 01:29 PM

On my way
****
Junior Member
523 posts

Joined: Jun 2009
Dun ask why, ask miti

5 Pages < 1 2 3 4 5 >Top
 

Change to:
| Lo-Fi Version
0.0210sec    0.85    6 queries    GZIP Disabled
Time is now: 30th July 2021 - 07:47 PM