iBuy Group, the parent company of LivingSocial Malaysia , MyDeal Sdn Bhd and Dealmates, has emerged as the number one e-commerce player in Southeast Asia, based on turnover, according to a ranking by Business Insider Singapore, the Singaporean edition of a leading business and technology news website.
iBuy Group topped four other e-commerce sites to emerge as the winner in the ranking, with a turnover of RM 394 million (S$153 million). iBuy Group is currently valued at RM 423 million (S$164 million) and has operations throughout Southeast Asia as well as Hong Kong, through its eight digital properties: Beecrazy.hk, Deal.com.sg, Mydeal.com.my, Dealmates.com, LivingSocial.co.id, LivingSocial. com.my, Ensogo.com and Ensogo.com.ph.
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