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Category: E-Tailing

Retail Asia30/06/2017
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E-Tailing

Saha, Lazada unite for e-commerce expansion

5min0
Saha Group Fair is anticipated to attract over 1 million visitors, contributing more than 300 million baht in transactions. The fair runs until Sunday at the Queen Sirikit National Convention Center. Saha Pattana Inter-Holding Co, an investment company of Saha Group, has entered into a partnership with Lazada Thailand Co, aiming to use the e-commerce […]
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Retail Asia30/06/2017
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E-Tailing

Social media set to morph into shopping platform

4min
China’s shoppers expect a more personalized customer experience in a new digital era where the distinction between online and offline matters less, a new report on Chinese consumer trends has found. McKinsey & Co released their report China iConsumer Research 2017 on the sidelines of the annual meeting of the New Champions 2017, also known […]
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Retail Asia30/06/2017
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E-Tailing

Vietnamese consumers among most demanding on e-commerce

3min0
Nielsen has forecast that the Vietnamese e-commerce market will grow 22 per cent this year and 13.2 per cent by 2020. According to the Vietnam E-commerce Association (VECOM), the local e-commerce sector will become a 10-billion-dollar business in the next five years. However, local consumers are also demanding, with many complaints about price, product information […]
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Retail Asia30/06/2017
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E-Tailing

Naver will buy Xerox Research Centre Europe

4min0
Korea’s largest internet portal Naver inked an agreement to acquire France-based Xerox Research Centre Europe (XRCE) a lab with expertise in major new technologies such as artificial intelligence and machine learning. Naver wants to ratchet up its AI capabilities and expand its presence in Europe, a fresh market for the Korean IT giant. Naver has identified AI […]
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Retail Asia30/06/2017
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E-Tailing

China’s Tech Entrepreneurs Need to Watch Their Backs

8min
In China, that’s already happening. Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are online-offline conglomerates each with hundreds of millions of users. The pair–directly or through companies they invest in–provides services and products across a range of businesses from retail, media and entertainment to health care, payment, banking, logistics and transportation. Their market capitalizations, […]
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Retail Asia29/06/2017
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E-Tailing

China’s Alibaba boosts stake in SE Asia online sales

2min
Chinese e-commerce giant Alibaba said Wednesday it would inject another $1 billion into Southeast Asia’s Lazada, as the cashed-up company increases its stake in the region’s nascent online shopping market. The investment will raise Alibaba’s holding in Lazada to 83 percent from 51 percent and take its total outlay on the company so far to […]
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Retail Asia29/06/2017
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E-Tailing

Vietnam bans new carpooling services from Uber, Grab

2min0
The authorities say sharing a car with a stranger comes with risks that passengers should not ignore. It’s yet another bumpy ride for popular ride-hailing services Uber and Grab. Their new carpool versions in Vietnam, UberPOOL and GrabShare, have been blocked by the Ministry of Transport, not long after their summer launch. Low-cost services that […]
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Retail Asia29/06/2017
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E-Tailing

Asian Retailers use mobile engagement to grow sales

7min0
Mobile devices have become an essential tool for retailers across Asia looking for more effective ways to engage their customers. Whether using a smartphone or tablet, and whether comparing products and prices, reading product reviews, or making purchases, consumers’ always-on mobile devices are now a pivotal feature of the retail experience. Mobile is now the […]
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Retail Asia29/06/2017
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E-Tailing

Korea ranks number 1 in online grocery shopping

3min0
South Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries, an industry report showed. According to the report by industry tracker, Kantar Worldpanel, the percentage of fast-moving consumer goods shopping via online and mobile channels out of all purchases in South Korea between June 2015 and June 2016 […]
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Retail Asia28/06/2017
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E-Tailing

Blibli.com acquires Tiket.com, expands into online travel

6min0
Indonesian e-commerce company Blibli.com has acquired a pioneer Online Travel Agents (OTA) in Indonesia, Tiket.com. Blibli.com CEO Kusumo Martanto and co-founder and chief communications officer Gaery Undarsa, the of Tiket.com signed the documents finalising the acquisition recently. At the same event, George Hendrata was appointed Tiket.com’s new CEO. Since it was founded in 2011, Blibli.com […]
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Retail Asia28/06/2017
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E-Tailing

Hanoi attempts to manage app-car services like taxis

2min0
Hanoi will manage the operation of app-based taxi service, including Uber and Grab, in a way similar to traditional taxis to guarantee a fair business environment. The move followed Hanoi, HCM City and Danang taxi associations petitioning the Ministry of Transport to call for a more equal business environment for taxi services. Hanoi People’s Committee […]
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Retail Asia27/06/2017
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E-Tailing

MobiCash Announces Launch of MobiSpaza in South Africa

4min0
MobiCash, a mobile financial services and technology company, today announced a spaza sector-focused mobile platform called MobiSpaza in South Africa. MobiSpaza is an inclusive business tool that builds bridges between spaza sector stakeholders, such as private corporations, state-owned entities, co-operatives, and not-for-profit organizations, and the township communities they serve. MobiSpaza promotes spaza entrepreneurship with turnkey […]
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Retail Asia27/06/2017
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E-Tailing

Hong Kong’s Octopus Cards launches Octopus App

2min0
Hong Kong’s Octopus Cards has launched a new mobile app designed to let customers manage their Octopus cards and Octopus O! ePay accounts via a single location. The new Octopus App can display card balances and transaction histories viewable through NFC-enabled Android smartphones, or iOS devices paired up with an Octopus Mobile Reader. The app’s O! EPay function supports […]
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Retail Asia26/06/2017
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E-Tailing

China’s tech giants in race to transform grocery shopping

4min
As Amazon.com looks to swallow United States grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains. China’s Alibaba Group Holding and JD.com have invested heavily in offline retail – bricks-and-mortar stores – in recent […]
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Retail Asia26/06/2017
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E-Tailing

Social media fatigue spreading among Korean users

5min0
The explosive popularity of social media among Korean users is starting to subside amid a sense of fatigue on excessive information from the new medium, according to industry sources. Data showed the numbers of users on major social media sites such as Facebook and KakaoStory are decreasing this year. According to market tracker Nielsen KoreanClick, the […]
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Retail Asia23/06/2017
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E-Tailing

Taxi firms release apps to compete with Uber and Grab

3min0
The firms have complained about supposed unfair competition with Uber and Grab. Vinasun said the average wage for drivers had dropped and many drivers had already quit. The firms demanded authorities apply measures to ensure fairer competition such as forcing Uber and Grab drivers to use taxi badges. Meanwhile, some firms have started to upgrade […]
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Retail Asia23/06/2017
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E-Tailing

Line messaging digital theme park to open in Bangkok

3min
The text-messaging service Line plans to inaugurate an indoor digital theme park in Thailand’s capital, seeking to squeeze maximum advantage from its popularity in the country, its second biggest market after Japan. Line Village Bangkok will begin operating Friday as a retail store, selling dolls and similar merchandise, but later this year will expand to […]
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Retail Asia22/06/2017
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E-Tailing

Uber CEO Travis Kalanick resigns under investor pressure

5min0
Kalanick’s decision ‘was a surprise to everyone’, a second Uber spokesman said. Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership. Kalanick’s departure caps a tumultuous period for the world’s largest ride-services company, which […]
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