Category: E-Tailing

Retail Asia28/11/2022
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3min0
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the country this week, three months after the Danish company spent US$3.6 billion on acquiring Hong Kong firm LF Logistics. […]

Retail Asia21/11/2022
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2min0
Chinese e-commerce giant Alibaba Group Holding Ltd 9988.HK posted a smaller-than-expected rise in quarterly revenue on Thursday as COVID-19 curbs and a worsening economic outlook stifled consumer spending. Retail spending in China has sagged this year with consumers frustrated by the government’s strict zero-COVID policies that have led to frequent snap lockdowns and hurt economic activity. Alibaba has also […]

Retail Asia14/11/2022
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2min0
Apple authorized resellers in Vietnam have increased the prices of MacBook Air M1 by over VND1 million (more than $40) against late July when promotion campaigns were on. In late July, the laptop’s selling prices were VND21.7-23 million, lower than the list price in the U.S. market. Now, the selling prices are VND23-24 million, with […]

Retail Asia31/10/2022
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7min0
Amazon on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. Amazon’s 12 per cent extended-trade stock drop erased about $140 billion in its market capitalisation, greater than the entire value of companies such as Morgan Stanley, Netflix […]

Retail Asia30/08/2022
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2min0
eCommerce platform Shopify has launched a new financing service for Australian businesses called Shopify Capital. Merchants who run their stores on the platform can receive offers of up to $2.5 million within two business days – once their applications are analyzed by Shopify Capital’s team using data-informed and machine learning models. The company says 67 […]

Retail Asia29/08/2022
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2min0
Singapore-based e-commerce firm Qoo10 plans to acquire TMON through a stock swap deal, industry sources said Thursday. TMON’s two major shareholders — Anchor Equity Partners and Kohlberg Kravis Roberts & Co. — have agreed on the stock swap deal with Qoo10, according to the sources. Under the deal, the two shareholders will trade their 81.74 […]

Retail Asia24/08/2022
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1min0
JD.com, beat Wall Street estimates for quarterly revenue on Tuesday (Aug 23) as lockdowns in China to control the spread of the coronavirus boosted online shopping and the company’s “618” shopping event. US-listed shares of the Beijing-based company rose nearly 7 per cent in premarket trading. The company reported second-quarter revenue of 267.6 billion yuan […]


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