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23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )
11/04/2024 Samsung adds more language availability within Galaxy AI ( Electronics )
11/04/2024 YouTube Music promises Podcasts will get better on the platform ( General )
09/04/2024 WhatsApp to roll out new photo library shortcut for faster sharing ( General )
09/04/2024 Google Messages will soon start to warn you when tapping on links sent by unknown senders ( General )

Retail Asia15/11/2016

Alibaba Group Holding Ltd. says sales from its massive Singles Day shopping event totaled $17.8 billion, up more than 24% from the record $14.3 billion sold last year. (This year’s total is RMB 120.7 billion, up 32% year-over-year due to fluctuations in the Chinese currency.) The most popular U.S. brands as of about 10:30 p.m. […]

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Retail Asia15/11/2016

Chinese e-commerce giant Alibaba Group has tallied more than US$1 billion in the first five minutes and US$5 billion in transactions in the first hour of its annual Singles Day sales blitz. That means China’s 2016 Singles Day shopping fest—aka Shuangshiyi or Double Eleven, since it takes place each November 11—retains its title as the world’s biggest online […]

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Retail Asia15/11/2016

LATTICE80, a not-for-profit FinTech Hub, has opened an innovation facility in Singapore’s central business district. The new two level facility has been established with the aim of supporting FinTech firms with product development, testing and go-to-market strategies. LATTICE80 measures more than 30,000 square feet and features an open event space with the capacity to host […]

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Retail Asia15/11/2016

The 2017 Malaysia Budget announced by Prime Minister Datuk Seri Najib Razak is an incremental step in realizing Malaysia’s vision of a fully connected digital economy, according to IDC. Although the specific financial breakdown of the budget initiatives is not yet available, IDC Malaysia said the direct and indirect impact on the Malaysian ICT sector […]

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Retail Asia14/11/2016

Alibaba Group says more than US$7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival. And more than $1 billion was transacted in the first five minutes – from 12 midnight. “Chinese […]

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Retail Asia14/11/2016

The volume of e-commerce transactions in Indonesia is still relatively small but the government is taking anticipatory steps in the face of e-commerce industry growth as it is developing as a global trade model. Indonesias e-commerce transactions still account for about one to two percent of retailer transactions or much lower than the global average […]

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Retail Asia14/11/2016

Alibaba Group Holding Ltd.’s Singles’ Day shopping festival (now known as the 11.11 Global Shopping Festival) broke sales record this year with a reported 120.7 billion yuan ($17.79 billion) in gross merchandise volume in just 24 hours. The figure represents a 32% jump over last year’s 91.2 billion yuan ($14.3 billion) in transactions over Alibaba’s […]

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Retail Asia12/11/2016

I recently got back from Engine’s Asia offices, where everyone was buzzing with excitement about this shopathon concept. This 24-hour shopping day is the Chinese equivalent of Cyber Monday. It started in 2009 by ecommerce giant Alibaba and has evolved into the biggest online shopping day of the year – raking in $14bn in 2015 with mobile purchases accounting for 75% […]

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Retail Asia12/11/2016

China Singles Day is an entertaining festival widespread among young Chinese people, to celebrate the fact that they are proud of being single. To celebrate these singletons like to shop, for some reason. Regardless of motive, the opportunities an event like this presents is vast, and global retailers should be taking advantage. Delivering an effective […]

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Retail Asia11/11/2016

Indonesia-based leading startup GO-JEK on Tuesday announced that it has acquired Pune-based mobile application developer Leftshift for upscaling its product development, design and engineering platforms. This is the fourth Indian start-up acquisition by the Indonesian startup. “Our partnership with Leftshift over the last one year has been an amazing experience, they are arguably among the […]

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Retail Asia11/11/2016

Singapore Post has launched its Regional eCommerce Logistics Hub (eComm Log Hub) at Tampines Logistics Park. Costing S$182 million (US$131 million), the hub is SingPost’s largest eCommerce logistics investment in Singapore to date. Officially opened by Singapore’s deputy-Prime Minister and Co-ordinating Minister for Economic and Social Policies Tharman Shanmugaratnam, the three-storey hub comprises two warehousing […]

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Retail Asia11/11/2016

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Indonesia’s Lippo Group is turning e-commerce, electronic money and other information technology-related enterprises into a new pillar of its business, closely monitoring spending trends to gain a better foothold in the greater Southeast Asian market. The next phase for the banking and real estate conglomerate “will be the fourth industrial revolution,” CEO James Riady told […]

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Retail Asia11/11/2016

With other Southeast Asian countries already having prepared the ground for the digital economy to prosper, the Indonesian government has finally taken the initiative to spur the growth of e-commerce within its own boarders. Announced on Thursday evening, the 14th economic policy package will tackle eight issues that could determine the success of President Joko […]

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Retail Asia10/11/2016

The Internet Retailing Expo (IRX) Indonesia, is gearing up to return with a loud bang. The 2ndedition of IRX Indonesia, to be held from 18 to 19 January next year at the Pullman Jakarta Central Park, will once again become the meeting place for marketplaces, multi-channel retailers and online retailers to meet their key suppliers […]

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Retail Asia10/11/2016

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Alibaba’s Singles’ Day – now dubbed 11.11.Global Shopping Festival – is set to expand into international territories for the first time this year. The online retail giant founded by Jack Ma plans to use the celebrations around the event and its catalogue of data to target shoppers in Hong Kong and Taiwan. Next year, Alibaba […]

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Retail Asia09/11/2016

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Check out what do Singaporeans buy based on monthly income. On average, shoppers spend S$155 a month, or S$1,860 a year, on retail purchases and travel bookings online. Those with monthly salaries between S$4,000 and S$5,000 spend the most at S$194 a month, which is 20% more than those earning S$5,000 – S$6,000. These are […]

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Retail Asia09/11/2016

The Indonesian Young Entrepreneurs Association (Hipmi) of Yogyakarta supports the governments plan to formulate an e-commerce roadmap by early 2017. “The e-commerce roadmap to be launched by the government is a step in the right direction as it will encourage Indonesian young entrepreneurs and help them in expanding their business,” a Yogyakarta Hipmi member, Gunarta […]

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Retail Asia08/11/2016

While China’s economy goes through a sluggish patch, internet shopping mall giant Alibaba Group has announced a sparkling quarter in which profit beat expectations, its fledgling cloud computing business more than doubled sales, and its entertainment income quadrupled. “Our results reflect our increasing ability to monetise our 450 million mobile users through new and innovative […]

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Retail Asia08/11/2016

Legendary Los Angeles Laker Kobe Bryant will join Katy Perry as the headline celebrities in Alibaba’s 11.11 Countdown Gala Celebration on November 10. US pop-rock band OneRepublic has also been confirmed, likely to perform its hit song Counting Stars Alibaba had earlier named Katy Perry as a “global ambassador” for the gala, which is being […]

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Retail Asia08/11/2016

Father and son team Asad and Ameer Jumabhoy from tourist VAT refund and payments technology company The Scotts Group, and Jeremy Tan, an expert in financial technology, mobile payments and loyalty platforms from Korvac Holdings, announce the launch of UTU, a cross-border loyalty and rewards platform that enables people to convert, earn and redeem points […]

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