Category: E-Tailing

Retail Asia27/04/2017
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4min0
Google on April 26 announces the winners of the Google Play Indonesia Games Contest in Jakarta. Hundreds of entries from local Indonesian developers were submitted to this competition which celebrates the spirit and great potential of local game developers. The 15 finalists were invited to showcase their submissions at this offline gaming expo for industry […]

Retail Asia26/04/2017
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2min0
Nearly 54 percent of online shoppers visited trading websites on mobile phones, higher than those accessing by desktop. The data was created from a survey of more than 27,000 client websites of Bizweb, an online commercial solutions platform. The results showed that 53.8 per cent of online shoppers visited trading websites on mobile phones, higher […]

Retail Asia26/04/2017
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2min0
A Lazada loyalty program for Singapore shoppers looks set to be expanded to other Asian markets. Alibaba-owned Lazada has teamed up with Netflix and Uber Technologies – the first time the companies have jointly created an online rewards program, according to Lazada CEO Maximilian Bittner. The program is aimed at consumers who primarily go online […]

Retail Asia26/04/2017
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2min
Honestbee, a Singapore-based online grocery and concierge service provider, is boosting its presence in Thailand to capitalise on lucrative online shopping opportunities. “We are spending millions of US dollars in Thailand this year on increasing our local staff, upgrading our IT infrastructure, and adding marketing activities,” said Bounthay Khammanyvong, country manager of HonestBee Thailand. He […]

Retail Asia25/04/2017
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2min0
Despite a sluggish economy, Malaysians are buying online more than ever, according to payment service provider iPay88. A subsidiary of Japanese company NTT Data, iPay88 claims to cover 70 per cent of Malaysia’s e-commerce market. It recorded 38.2 million online transactions via its payment gateway systems last year, a leap of 161 per cent from […]

Retail Asia24/04/2017
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6min0
Woomentum will launch its first event in Ho Chi Minh City to connect women-founded startups and investors. Woomentum, a Singapore-based startup community and crowdfunding platform, will launch its first event in Vietnam this month to support female entrepreneurs and their startups, by connecting them with investors and consultants. “CrowdFundHer Live!” will take place from 6:30 […]

Retail Asia23/04/2017
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5min
In anticipation of the launch of Amazon here, online shopping site Lazada and online supermarket RedMart teamed up with other online services here to launch a membership programme yesterday. And retail experts said such moves could work in favour of e-commerce sites. The programme, called LiveUp, offers users benefits such as rebates and discounts for […]

Retail Asia21/04/2017
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4min0
AirAsia, the budget airline for Southeast Asia that’s headquartered in Malaysia, isn’t commonly associated with startup investments, but today the company announced that it has bought a 50 percent share in trip planning service Touristly in a deal worth MYR 11.5 million, or $2.6 million. The deal will see AirAsia CEO Tony Fernandes join the startup’s board. Fernandes isn’t a […]

Retail Asia20/04/2017
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8min0
The Chinese government has issued updated guidance on rules for cross-border e-commerce in the world’s second-largest economy, giving stakeholders much-needed clarity on potential changes in policy that have hung over the sector for the past year. China’s Ministry of Commerce said in a statement on March 17 that overseas goods purchased online and distributed through […]

Retail Asia19/04/2017
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2min0
App-based ride service provider Uber Technologies says it is planning to launch its on-demand restaurant delivery service UberEats in South Korea. UberEats Korea will partner with restaurants, with ordering conducted on the company’s web site or with a smartphone app. “The company is preparing the local launch of UberEats,” said a spokesman for Uber Korea, […]

Retail Asia19/04/2017
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3min0
Two Japanese retail groups are about to start accepting bitcoin payments, a move that is likely to promote wider use of the virtual currency by domestic consumers. Electronics chain Bic Camera has teamed up with Tokyo-based BitFlyer, which runs the largest Japanese bitcoin exchange, for a trial run of the payment system at Bic Camera’s […]

Retail Asia18/04/2017
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2min0
Macau’s Judiciary Police (PJ) arrested seven mainlanders for their alleged involvement in an illegal WeChat gambling operation on April 12, a PJ spokesperson said during a special press conference last week. According to the spokesperson, the seven male suspects, aged between 28 and 40, from Zhejiang province solicited gamblers to place bets at local casinos’ […]

Retail Asia14/04/2017
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3min
WeChat Pay, one of the Chinese mainland biggest mobile payment platforms, has boosted its cross-border business by launching a new service in Hong Kong. In a move that is expected to promote businesses of local merchants, it opened a channel for membership card applications when customers pay through WeChat. After paying for their goods through […]

Retail Asia13/04/2017
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3min0
The ride-hailing firm has now secured approval from local authorities after two previous rejections. The Vietnamese government has finally approved Uber’s application to trial its ride hailing services, a minister said, after having rejected requests from the company twice since 2015. Deputy Transport Minister Nguyen Hong Truong said on Monday that Uber Vietnam has fulfilled […]

Retail Asia12/04/2017
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4min0
Five Jack (fivejack.com), a company that operates an e-commerce game platform called itemku (itemku.com) for gamers in Indonesia, recently raised an additional investment of USD 1.2 million. On April 10th 2017, Five Jack announced to have raised investments from 500 Startups and Korean venture capitals, an addition to investments made by BonAngels in 2014 and […]

Retail Asia12/04/2017
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2min0
Instant messaging app WhatsApp India, owned by Facebook, has advertised for someone to head its digital transactions. It is the first time it has looked at moving into digital payment services globally, Reuters reports. India is WhatsApp’s biggest market with 200 million users. Earlier, news website The Ken reported that WhatsApp was working to launch […]

Retail Asia12/04/2017
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2min0
Ride-hailing firm Grab Indonesia has acquired e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest US$700 million in its largest market. Kudo helps consumers without bank accounts to shop online by connecting them with online merchants and other service providers across 500 cities and towns. Based in Singapore, Grab […]

Retail Asia11/04/2017
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3min0
Online fashion retailer, Asos, has posted a 14 per cent increase in profits for the six months to the end of February to £27.3 million. The company saw a 31 per cent increase in sales to £889.2 million. UK retail sales rose by 18 per cent and international sales went up by 42 per cent. […]


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