Category: E-Tailing

Retail Asia14/03/2024
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1min0
Coupang customers in South Korea can now directly purchase products from Japan, thanks to the e-commerce platform’s expansion of its overseas direct purchase service. With Japanese products now available through the Rocket Jikgu direct purchase service, customers can now purchase food from brands such as Nissin, Meiji, LeTao, and AGF, and beauty items from brands […]

Retail Asia06/03/2024
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1min0
Myntra has secured a US$54 million investment from parent company Flipkart amid its tough competition with Reliance’s Ajio and Tata Cliq. This is Flipkart’s second investment in Myntra following $105 million in March last year. The new investment came as Walmart, Flipkart’s largest shareholder, committed $600 million to the India-headquartered parent company as part of […]

Retail Asia23/02/2024
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4min0
Buy2sell Vietnam has received commendable reviews from international partners like Mykitkat, Leifredy, Kate of Tokyo, DrLoule, and Nunalin. In the dynamic realm of international commerce, Buy2sell Vietnam has emerged as one of the leading companies in importing and distributing goods and as a beacon of excellence garnering customer and supplier praise worldwide. In this narrative […]

Retail Asia06/02/2024
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4min0
According to U.S. e-commerce giant Amazon, cross-border e-commerce is expected to be the fifth-highest value export of Vietnam by 2027, with a value of US$12 billion. “2023 Performance Report: Empowering Small and Medium-sized Enterprises in Vietnam” published by the firm’s Amazon Global Selling Vietnam, a unit that supports sellers, said by 2027 cross-border e-commerce exports […]

Retail Asia06/02/2024
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3min0
Amazon is among the companies that has iterated a lot when it comes to artificial intelligence. The US-based giant continues to develop new AI tools, especially now that AI is the main buzzword in the tech world. The latest AI-powered feature introduced by Amazon is Rufus, an AI assistant that’s supposed to help users with their shopping […]

Retail Asia25/01/2024
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2min0
Jensen Huang, President and CEO of California-based artificial intelligence chip designer Nvidia, recently visited China for the first time in years, to attend the company’s new year party with local employees. Last week, Huang traveled to Beijing, Shanghai, and Shenzhen in Guangdong province in a low-key manner, according to a report by China Daily, which cited sources […]

Retail Asia16/01/2024
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2min0
eBay has agreed to pay a $3 million penalty following a harassment campaign conducted by its employees involving the sending of live cockroaches to a Massachusetts couple. The U.S. Justice Department announced the fine last Thursday, attributing responsibility to eBay for the harassment campaign its employees executed against David and Ina Steiner, in 2019. This […]

Retail Asia18/12/2023
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1min0
Chinese technology giant Alibaba Group Holding has invested another US$634 million in its e-commerce subsidiary Lazada amid intensifying competition. The injection – the group’s third this year – takes its investment in Lazada to more than $1.8 billion. Since taking the controlling stake in 2016, Alibaba has poured about $7.4 million into the Singapore-based e-commerce unit. This […]

Retail Asia04/12/2023
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1min0
India-based eyewear retailer Lenskart plans to open stores in Thailand and the Philippines to expand in Southeast Asia. “We’re looking at opening 300 to 400 stores in southeast Asia in the next two years. Initially, we go slow, but we like to go deep,” Peyush Bansal, Lenskart cofounder and CEO said. “We’ve been in Singapore […]

Retail Asia30/11/2023
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2min0
Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government, state news agency Antara reported, citing the deputy trade minister. In September, Indonesia banned e-commerce transactions on social media, a major blow for TikTok, which had pledged to invest billions of dollars in Southeast Asia, including Indonesia, the region’s […]

Retail Asia23/11/2023
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3min0
More than half of Vietnam’s population shopped online last year as both supply and demand in the e-commerce sector continue to boom. Dang Anh Dung, deputy CEO of Lazada Vietnam, told the forum on e-commerce on Tuesday that a report by Google and Temaske & Bain said around 57 million Vietnamese made online purchases last […]

Retail Asia14/11/2023
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3min0
TikTok has been talking with Indonesian e-commerce companies about possible partnerships, an Indonesian minister said on Monday, a month after Southeast Asia’s largest economy banned online shopping on social media platforms. TikTok has spoken with five companies including GoTo’s e-commerce unit Tokopedia, Bukalapak.com and Blibli, according to Teten Masduki, minister for small-medium enterprises (SMEs). “Some […]


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