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Category: E-Tailing

Retail Asia05/10/2023
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E-Tailing

Indonesia bans e-commerce transactions on social media

5min0
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asia’s biggest economy to boost its e-commerce business. The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding […]
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Retail Asia19/09/2023
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E-Tailing

Mike Ashley in talks to sell Missguided to Shein

2min0
Chinese fashion giant Shein has reportedly been in talks with Mike Ashley’s Frasers Group to acquire the UK-based fashion platform Missguided. Sky News said the two companies have been negotiating for several weeks. The move came about a year after Missguided was brought out of administration by Frasers Group for £20 million. The deal, if it happens, […]
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Retail Asia18/09/2023
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E-Tailing

Shein pledges an additional $85 million to support its ESG roadmap

1min0
China’s Shein has allocated an additional US$85 million over five years for its Global Community Empowerment Commitment. The fund will bring the company’s ESG roadmap pledge to $155 million, following the $70 million committed last April. The strategy, dubbed ‘EvoluShein’, consists of nine environmental and social priorities organized under three strategic pillars – People, Planet […]
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Retail Asia14/09/2023
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E-Tailing

TikTok launches online shopping in the US

3min0
With over 150 million users in the United States, social media juggernaut TikTok, is embarking on a groundbreaking journey that could redefine the way we shop online. After months of testing, the platform officially integrates e-commerce into its social media ecosystem, offering users a unique blend of entertainment and shopping. The strategic move comes as TikTok […]
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Retail Asia14/09/2023
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E-Tailing

Indonesia to ban online shopping via social media

2min0
Indonesia’s government is preparing to introduce a series of new business regulations that will prohibit the sale of products via social media. During a parliamentary hearing, the Indonesian Deputy Trade Minister, Jerry Sambuaga, announced this. “Social media and social commerce cannot be combined,” the official said, reiterating the government’s intention to crack down on “predatory” […]
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Retail Asia05/09/2023
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E-Tailing

Amazon, Alibaba demand more Vietnam-made home décor

6min0
As purchasing power for home decorations and compact furniture on ecommerce platforms Amazon and Alibaba increases, opportunities are opening up for Vietnamese businesses to sell made-in Vietnam products. From grass brooms and water hyacinth baskets to compact chairs and shelves, “Made in Vietnam” home decoration products have been attracting customers on U.S. ecommerce platform Amazon. […]
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Retail Asia17/08/2023
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E-Tailing

Gucci launches flagship store on JD platform

3min0
Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader’s platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community. Users searching for “Gucci” […]
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Retail Asia31/07/2023
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E-Tailing

Alibaba to double investment in Vietnam

3min0
Alibaba.com, the global business-to-business e-commerce platform of Chinese tech giant Alibaba, will double its investment in emerging manufacturing centers in Vietnam and additionally hire hundreds of employees. In the next three years, Alibaba.com will complete the establishment of specialized teams to operate in Vietnam’s emerging manufacturing hubs, including Binh Duong, Bac Ninh, Long An, Da Nang […]
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Retail Asia27/07/2023
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E-Tailing

Brazil’s postal service inks deal with Shopee to sell products to Asia

3min0
Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to boost exports of Brazilian products to Southeast Asian markets. Shopee, owned by Southeast Asian tech giant Sea, signed a memorandum of understanding with Correios, along with the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil). […]
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Retail Asia24/07/2023
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E-Tailing

Online platforms pay $166M in tax in Vietnam

3min0
Vietnam collected VND3.94 trillion (US$166.5 million) in taxes from 57 foreign online platforms including Google, Apple, Facebook, Netflix, and TikTok in the first half of this year. Of the sum, VND3.4 trillion was paid directly via the portal of the General Department of Taxation (GDT), which was established last March to make it easier for […]
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Retail Asia07/07/2023
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E-Tailing

Australia’s Coles Supermarkets enters Malaysia via Jaya Grocer

2min0
Australia’s leading retailer Coles Supermarkets has entered the Malaysian market, bringing in 200 products through an exclusive collaboration with Malaysian supermarket Jaya Grocer. The deal allows Jaya Grocer to expand their Australian product offerings with over 1,000 products from Australian-based brands, including Coles, available at all 43 stores and for GrabMart delivery nationwide. The well-known […]
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Retail Asia22/06/2023
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E-Tailing

Daniel Zhang steps down from top Alibaba Group

3min0
Alibaba Group has appointed Joseph C Tsai and Eddie Yongming Wu as the company’s new chairman and CEO respectively, marking the group’s one of the most significant organisational changes. The appointments will take effect on September 10. Tsai and Wu will succeed Daniel Zhang, who will continue to lead Alibaba Cloud Intelligence Group as chairman […]
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Retail Asia16/06/2023
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E-Tailing

Alibaba aims to expand local business in Europe

3min0
Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside China, the president of the e-commerce giant said on Thursday. “What we will focus more for the future is to build local businesses, so you will see something called TMall which we have in China become TMall […]
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Retail Asia14/06/2023
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E-Tailing

Online exports expected to be economic growth driver

4min0
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders. Tran Thi Yen Phi, CEO of DSW Services and Trading Company Ltd, said the operation of online stores on cross-border e-commerce platforms has helped the […]
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