BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Social Commerce: Huge Opportunity, But Don't Be Dependent On It

Social Commerce: Huge Opportunity, But Don't Be Dependent On It

Ganesh Kumar Bangah, Chair, Pikom e-Commerce Chapter

08-Apr-24 12:00

Social Commerce: Huge Opportunity, But Don't Be Dependent On It

Enterprise explores the role and power of foreign-owned e-marketplaces and social commerce platforms and why this needs to be studied and managed to protect local merchants and Malaysia's digital sovereignty. We explore this with Ganesh Kumar Bangah, the Chair of PIKOM’s e-Commerce Chapter, he’s also the Founder & Executive Chairman of Commerce.Asia, an all-in-one ecommerce ecosystem.

Among other things, we get into the power that marketplaces and social commerce players hold in e-commerce, how TikTokShop has changed the game and differs from Shopee and Lazada, how local consumer data should be handled, and why businesses to diversify their channel strategy and not be dependant on any single one, whether it’s a marketplace or social commerce platform.

Produced by: Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketstechnologymanagingentrepreneursSME

Tags:  ecommercemarketplacebusinesssocial mediatechnology





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Jingyi Pan, Economics Associate Director of PMI Team, S&P Global Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Sarah Tan of Moody's Analytics discusses the latest U.S.–China trade negotiations in London.

7:45 AM

Morning Brief

Eugene Chow of Deloitte Malaysia discusses the impact of LHDN’s e-Invoice delay and how to avoid further setbacks.

8:00 AM

The Breakfast Grille

Marc Mealy, Executive Vice President and Chief Policy Officer, US-ASEAN Business Council discusses US-ASEAN ties, recent geopolitics, and U.S. business perspectives on Malaysia’s investment climate and more.

8:30 AM

Morning Brief

Jamalludin Obeng, President of MOSVA shares his perspective on how Petronas's right-sizing exercise might affect local industry players.

8:45 AM

Morning Brief

(REPEAT) Eugene Chow of Deloitte Malaysia discusses the impact of LHDN’s e-Invoice delay and how to avoid further setbacks.

9:00 AM

Opening Bell

(REPEAT)Jingyi Pan, Economics Associate Director of PMI Team, S&P Global Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

Peter Lewis, Director, Peter Lewis Consulting Limited shares his thoughts on the rally that Hang Seng is seeing now.

9:35 AM

Pinnacle Perspectives

Deepa George of MyHRC explains how changing work trends are reshaping manpower planning for today’s businesses.

10:05 AM

Open For Business

Vivek Ramachandran, Founder and CEO of SquareX, shares how the company is using its $20M Series A funding to tackle browser-based cyber threats, and why this focus could reshape the cybersecurity landscape.

11:05 AM

P&L

KPMG’s Dr. Veerinderjeet Singh explains what Malaysia’s Corporate Tax Governance Framework means for companies and why tax transparency is a board-level responsibility.

12:00 PM

Enterprise Explores

Eklavya Bhave, Head of Asia Pacific at Coursera, shares how gig workers can take control of their own development using microcredentials, online learning, and simple strategies to open doors to bigger opportunities.

1:00 PM

The Breakfast Grille Repeat

Marc Mealy, Executive Vice President and Chief Policy Officer, US-ASEAN Business Council discusses US-ASEAN ties, recent geopolitics, and U.S. business perspectives on Malaysia’s investment climate and more.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

When it comes to protecting Malaysia’s natural heritage, sometimes it’s the smallest creatures that spark the biggest movements. In Sungai Sepetang, fireflies are uniting communities, scientists, and storytellers alike. We discuss the fight to save these glowing wonders.

4:05 PM

Health & Living

What are the pros and cons of raising the retirement age to 65? We look at how this move would impact older adults, financially and socially.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

Malaysia’s beloved sign language interpreter Tan Lee Bee and Wan Zuraidah Abu from the Malaysian Federation of the Deaf, join us to talk about how they help the deaf community.

7:00 PM

BBC World Service

8:00 PM

A Bit of Culture

It’s an “At The Movies” episode of A Bit of Culture as Kam, Mikey and Sudais talk about snacks at the cinemas, silent films and Tom Cruise!