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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 )
08/04/2024 Siri might end up King in the realm of digital assistants after iOS 18 AI makeover ( Electronics )
05/04/2024 Google’s “Find My Device” network reportedly launching in 3 days ( General )
04/04/2024 Instagram, Facebook, Whatsapp users are reporting a “Major Disruption” worldwide ( General )

Retail Asia24/08/2022

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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Retail Asia16/08/2022

Amazon.com will invest in istyle, the company behind the @cosme review and retail site, gaining access to the Japanese beauty product vendor’s trove of user reviews. Under the agreement announced Monday, istyle will issue 2.5 billion yen ($18.7 million) in convertible bonds as well as 11.5 billion yen in warrants to Amazon on Sept. 6. […]

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Retail Asia01/08/2022

Many individuals who have been earning thousands of dollars from Facebook, Google, YouTube, and other online platforms have been taxed in recent years, officials said. The HCMC Tax Department for instance said at a forum Friday that it collected over VND8 billion ($342,759) each from two individuals last year and this year on their earnings […]

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Retail Asia27/07/2022

Carousell Group has acquired control of Laku6, an AI-first end-to-end electronics recommerce platform in Indonesia, as part of its vision to make secondhand the first choice for users. Temasek unit Heliconia Capital will be supporting Carousell Group in its acquisition of Laku6 and in accelerating circularity in secondhand electronics. The deal follows the initial investment […]

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Retail Asia26/07/2022

Alibaba will apply for a primary listing in Hong Kong and keep its US listing, the first big company to take advantage of a rule change allowing high-tech Chinese firms with dual-class shares to seek dual primary listings in Hong Kong. Shares in Alibaba rose 4 percent in Hong Kong upon market opening in response […]

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Retail Asia13/07/2022

Vietnam has the highest average volume of cross-border online purchases of up to 104 orders per year in Southeast Asia, higher than the Southeast Asian average of 66. Thailand came in second with 75 purchases per year on average, followed by Singapore and the Philippines with 58 each, according to a study on cross-border e-commerce […]

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Retail Asia11/07/2022

China has imposed fines on technology giants Alibaba and Tencent, as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country’s market regulator, said on Sunday. The State Administration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five […]

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Retail Asia08/07/2022

A record 9.3 million Australian households made online purchases in the year to March according to data released by Australia Post. The postal service said online spending increased by 12 per cent year on year and in the six months from July to December 2021, an average of 5.6 million households purchased online each month. […]

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Retail Asia01/07/2022

VinShop is expected to soon become a successful store connection platform in Vietnam, with a business strategy similar to Tokopedia in Indonesia. Tokopedia’s success lesson Founded in 2009, Tokopedia is one of Indonesia’s tech unicorns. According to CB Insights (U.S.), Tokopedia’s value reached $7 billion as of June 2020, becoming the third largest unicorn in […]

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Retail Asia09/06/2022

Vietnam is failing to effectively tax e-commerce and online services as it struggles to make tech giants set up abroad fulfill their taxation duties. “Taxing e-commerce and digital platforms is a new and difficult challenge. There is huge loss of tax in this area as servers are placed abroad,” Minister of Finance Ho Duc Phoc […]

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Retail Asia06/06/2022

Alibaba’s Southeast Asian e-commerce arm, Lazada, has named James Dong as its new group CEO as the region’s Shopee-dominated competition steps up. In his new role, Dong wil oversee Lazada’s expansion plan into Euroupe. The 42-year-old CEO will succeed Chun Li, who will continue serve as adviser to the group’s chairman Jiang Fan and member of […]

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Retail Asia18/05/2022

E-commerce group JD.com, beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO was cautious on the outlook due to logistical disruptions and sluggish consumption. The resurgence of COVID-19 in the world’s second-largest economy in March and the strict lockdowns it has taken since to curb […]

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Retail Asia16/05/2022

Amazon Australia will now permit employees to bring their pooches to work at its Sydney, Melbourne, Perth and Canberra offices. The global Dogs at Work (DAW) program currently has 8000 registered pooches. Having dogs at the workplace is shown to reduce stress levels, increase interaction between employees and boost morale. Independent research commissioned by Amazon Australia […]

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Retail Asia10/05/2022

ONLINE marketplace Carousell has inked a deal to buy Refash, a Singapore e-commerce platform and store operator for second-hand clothes, the companies announced on Monday (May 9). The deal value is undisclosed. Launched in 2015, Refash is focused on “thrifting”, or facilitating sales and purchases of second-hand clothes. The company said that it has processed […]

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Retail Asia09/05/2022

Thailand on Saturday warned against the creation of online content that risked insulting the country’s monarchy, after a video by a social media influencer promoting e-commerce platform Lazada incensed royalists, who said it was mocking the palace. Thai law prescribes punishments of up to 15 years in jail for each offence if found guilty of […]

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Retail Asia02/05/2022

The Indian government is all set to launch an Open Network for Digital Commerce to end the dominance of the US-based e-commerce companies like Amazon and Walmart in India. The ONDC platform will let buyers and sellers interact with each other and transact online. The launch of the ONDC platform comes in the wake of […]

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Retail Asia02/05/2022

Chinese tech giant Alibaba is taking Lazada to Europe as part of its strategy to drive growth in overseas countries. It was reported that the plan to expand Lazada to Europe was due to Alibaba’s slowing opportunities in China. The company’s latest interim report published in December 2021 unveiled that its revenue from its China […]

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Retail Asia25/04/2022

Alibaba’s supermarket chain Freshippo says it is adding more couriers to meet high demand in Shanghai but this was not yet catching up with the rising needs of locked-down residents as the city battles a surge in Covid-19 cases. Shen Li, a vice president at Alibaba Group’s Freshippo, told reporters on Sunday that while the […]

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Retail Asia25/04/2022

Online travel booking company Trivago has been ordered to pay $44.7 million in penalties by the Australian Federal Court for misleading consumers over hotel prices. The court found that in January 2020, the company deceived consumers through misleading misrepresentations of hotel room rates on its website and in television advertisements. Trivago had used an algorithm […]

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Retail Asia19/04/2022

E-commerce platform Lazada has grouped 5000 products with sustainability credentials in a new section of its LazMall to encourage shoppers to buy items that are friendly to the planet. The goods, from some 70 brands, mainly span the fashion and FMCG categories and are made, packed, or shipped with reduced plastics, or materials better for […]

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