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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )

Retail Asia20/12/2021

China’s Alibaba has told its investors that overseas e-commerce would be a key focus as it looks for new sources of growth after a difficult year at home. Earlier this month, Alibaba Group Holding restructured its e-commerce business into separate China and international divisions, with the latter to be led by Jiang Fan, head of Alibaba’s flagship […]

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Retail Asia17/12/2021

The ranking of businesses in Vietnam’s map of e-commerce changed in the second quarter of 2021, with the volume of Google searches for essential online stores skyrocketing, according to an iPrice Group study. The study showed online groceries were the only category to maintain steady and consistent growth since the beginning of the pandemic. Google […]

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Retail Asia13/12/2021

Chinese e-commerce giant Alibaba has fired a woman who accused a former co-worker of sexual assault in July this year. A dismissal letter, became effective on Nov. 25, the day it was given to the employee. She is identified in court papers only by her surname, Zhou. After the company failed to take action after […]

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Retail Asia09/12/2021

Alexa Together is the new subscription-based service for elders launched by Amazon. It’s an upgrade to the existing Care Hub service and it costs $19.99 per month or $199 per year. Besides the basic features offered by Alexa Care Hub, the new service provides seniors with additional benefits. These additional benefits include access to an emergency […]

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Retail Asia06/12/2021

Alibaba said it would form two new units to house its main e-commerce businesses – international digital commerce and China digital commerce, in a bid to become more agile and accelerate growth. The international digital commerce unit will house Alibaba’s overseas consumer-facing and wholesale businesses and include AliExpress, Alibaba.com and Lazada. The unit will be […]

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Retail Asia29/11/2021

E-commerce web traffic from Vietnam is double that of Thailand and triple that of Malaysia in Q3, showing high demand for online shopping amid the pandemic, a report has found. Digital consumption has become a new habit as the number of online vendors increases, with Vietnam becoming “a star” on the Southeast Asian e-commerce market, […]

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Retail Asia29/11/2021

Both consumers and retailers have had enough of ads. Digital advertising is becoming a less cost-effective mode of customer acquisition as already inflated costs per acquisition (CPA) continue to rise and performance sinks. Events such as recent privacy shifts at Apple, for example, caused the average cost of conversion for ecommerce marketers to surge 200 […]

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Retail Asia24/11/2021

Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Amazon said last week that it would stop accepting Visa credit cards issued in the United Kingdom from […]

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Retail Asia19/11/2021

China’s Alibaba forecast annual revenue to grow at its slowest pace since its 2014 stock market debut as second-quarter results missed expectations due to slowing consumption, increasing competition, and a regulatory crackdown. U.S.-listed shares of Alibaba Group Holding Ltd, which expects the fiscal year 2022 revenue to grow by 20% to 23%, tumbled 10.3% in […]

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Retail Asia15/11/2021

E-commerce platforms reported a surge in sales on Singles’ Day on Nov. 11, an annual shopping event, with the most popular items being masks and healthcare products. Tiki said revenues were up nine times from last year, and the number of buyers was double that on normal days. Face masks, products for babies and mothers, […]

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Retail Asia12/11/2021

if you want people to use your application and give you their money and information, you must provide them with speed, efficiency or time savings in exchange. The average user looks at his phone 150 times a day (and rising), but each of those interactions is growing shorter. Users perceive value when their technology interfaces […]

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Retail Asia11/11/2021

As one of the largest and most popular fashion e-commerce platforms in Europe, MIINTO officially announced its launch in China on November 1, 2021. MIINTO was established in Denmark in 2009, and the online platform was officially launched in 2010. As one of Europe’s largest fashion e-commerce platforms, it has already entered 13 European countries, […]

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Retail Asia11/11/2021

Vietnam’s Internet economy is expected to grow by 31 percent this year to $21 billion this year despite little or no contribution from the online travel market. It is set to reach $57 billion by 2025 after growing at 29 percent a year, according to the e-Conomy Southeast Asia 2021 report by Google, Temasek and […]

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Retail Asia02/11/2021

The acquisition is part of the Singapore-based platform’s efforts to drive $3.5 billion in sales this year. Temasek-backed cashback platform ShopBack has acquired buy now pay later (BNPL) brand Hoolah for an undisclosed sum in cash and stock, according to an announcement on Tuesday. The acquisition extends ShopBack’s product offering to include transactions with payment options like BNPL […]

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Retail Asia21/10/2021

“Over the last 12 years, 11.11 has showcased the tremendous consumption power of Chinese consumers and pushed boundaries for the global retail sector,” said Chris Tung, Chief Marketing Officer of Alibaba Group. “This year’s Festival marks a new chapter for 11.11. We believe we must leverage the power of 11.11 to encourage sustainable development and […]

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Retail Asia20/10/2021

Alibaba Group’s online marketplace Taobao this week rolled out a new version of the shopping app that’s more accessible for senior users. Piloted ahead of China’s 11.11 Global Shopping Festival, Taobao’s “senior mode” features larger text and icons, simplified navigation and voice-assisted technology, which allows senior citizens to search for products using voice commands. The homepage […]

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Retail Asia18/10/2021

Online marketplace Carousell has acquired Ox Street, a Singapore-based marketplace for authenticated sneakers and streetwear, the company announced on Monday. It did not disclose the deal value. Founded in 2019, Ox Street is focused on making the second-hand sneaker purchase experience more seamless for Southeast Asian youth by inspecting and authenticating the sneakers before they […]

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Retail Asia06/10/2021

Only 17 percent of the most popular goods on e-commerce platforms since last year have been Vietnamese, a market research firm said. Malaysian market research firm iPrice Group said in a report that 83 percent of the 1,200 most sought-after items were imported. The rates for Vietnamese products ranged between 25 percent for Sendo and […]

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Retail Asia01/10/2021

China’s Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd’s WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other’s services and links. Local tech blog 36Kr reported on Tuesday that users of Alibaba’s food delivery app Ele.me, luxury goods app Kaola […]

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Retail Asia27/09/2021

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Logistics provider Ninja Van added Alibaba as a new investor as it raised $578 million in a late stage funding round, the Singapore-based firm said on Sunday. Existing investors to participate in the round included Europe’s GeoPost/DPDgroup, B Capital Group and Monk’s Hill Ventures. The funds will be allocated towards infrastructure and technology systems that […]

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