Category: E-Tailing

Retail Asia22/03/2017
matsuya-1024x623.jpg
1min0
Luxury Japanese department store Matsuya has opened its own online store in China. The company plans to use the store to lure repeat business from Chinese shoppers who have visited its Ginza flagship while on vacation, once they return home. Inbound Chinese travellers account for about 20 per cent of Matsuya’s store sales. Prior to […]

Retail Asia22/03/2017
Shopifylogo-1024x576.jpg
2min0
Shopify, the cloud-based, multi-channel platform designed for small and medium-sized businesses, has reported a 90 per cent increase in revenues for 2016. GMV rose 99 per cent to US$15.4 billion, figures which “speak to the enormous opportunity in retail right now and our strategic position within it,” according to CFO Russ Jones. Total revenue for […]

Retail Asia22/03/2017
e27.cowp-contentuploads201602Korea-e-commerce-FINAL1-6ddd617e2dbd57102b879f4c6271cbc354e4c5fb.jpg
3min0
Cross-border e-commerce is now the fastest growing segment in the retail market, according to a report published by DHL Express. Cross-border sales volumes are predicted to increase at an annual average rate of 25% – from $300 billion to $900 billion – between 2015 and 2020. This is twice the pace of domestic e-commerce growth, […]

Retail Asia21/03/2017
c93b52dd5927d90193c52cad2f0ddd5e-1024x682.jpg
3min
Alibaba and main rival JD.com will enjoy fast growth in the fast moving consumer goods (FMCG) market, according to research from Goldman Sachs, as more people in China turn to online shopping for daily grocery items like food snacks, body care products and soft drinks. The online grocery retail market is currently substantial and will […]

Retail Asia21/03/2017
honestbee_0-1024x682.jpg
3min0
Singapore on-demand online grocery concierge and delivery service Honestbee has launched in Bangkok. In partnership with retail chain Villa Market, Honestbee is offering customers a faster and easier way to obtain their daily groceries through concierge shoppers. Honestbee has been training the shoppers to select the best quality groceries and deliver them the same day. […]

Retail Asia21/03/2017
alibaba-1024x682.jpg
2min0
Chinese e-commerce giant Alibaba is to open a Malaysian distribution hub at KLIA Aeropolis to serve its growing business in Southeast Asia. According to unnamed sources quoted by financial press, Alibaba founder Jack Ma and Malaysian prime minister Najib Razak will announce the project at an event in Kuala Lumpur next week. The new centre […]

Retail Asia20/03/2017
rakuten-drone-1024x667.png
2min0
US company AirMap is helping develop technology to manage a Rakuten drone network in Japan. Rakuten, Japan’s giant online retail platform, and AirMap hope drones will be allowed to be used at low altitude. Rakuten set a world record early this year for the longest drone delivery, flying a container of hot soup 12 km […]

Retail Asia20/03/2017
Personilized-Ecommerce-1024x684.jpg
3min0
The competition between shopping websites has now switched focus from prices to rapid delivery. Analysts said competing by cutting prices by up to 50 per cent is an old story, and with customers’ demand for good service increasing, delivery times have become a key factor. Alexandre Dardy, the CEO of the country’s largest online shopping […]

Retail Asia20/03/2017
lazada-indonesia.jpg
3min0
The Indonesian unit of Lazada said it plans to focus on adding small merchants to its online marketplace, emulating the strategy of Alibaba Group Holding, the Chinese e-commerce company that acquired it last year. Florian Holm, Lazada Indonesia’s co-chief executive, told reporters on Wednesday the company will launch a campaign in April which will also […]

Retail Asia17/03/2017
alibaba-1024x757.jpg
8min0
Alibaba plans to form independent research and development teams to build up core technologies that support its vision of serving 2 billion people in the future. The giant e-commerce and technology company unveiled its grand plan at its inaugural tech summit, “New Technology, New Future”, at its Hangzhou headquarters in China. About 5000 engineers attended, […]

Retail Asia17/03/2017
startup-culture-1024x546.jpg
3min0
The emergence of many start-up companies lately has become an interesting phenomenon, many of them were built with fantastic funding figure. Well, following are six startup companies with the largest funding or investment value in Indonesia.  1.Go-Jek Go-Jek is a startup of ride-hailing application (in Indonesia this is called online transportation); the company founded by […]

Retail Asia16/03/2017
Online-shopping-with-card-ecommerce.jpg
2min0
Chinese online sales are tipped to reach US$1.17 trillion by 2020, according to new research by  Goldman Sachs. That compares with $750 billion in 2016. “While there have been concerns of a slowdown following the deceleration in growth to mid-20 per cent in 2016, we expect online retail growth to sail on at 23 per […]

Retail Asia16/03/2017
hugo_boss_clothes.jpg
3min0
German fashion house Hugo Boss says that improving its online business will be a priority this year as it shores up its recovery in China after slashing prices there. Since taking over as Hugo Boss chief last May, former finance chief Mark Langer has been cutting costs by renegotiating rents, shutting stores, trimming brands and […]

Retail Asia16/03/2017
Line-friends-1024x683.jpg
2min0
Line Friends will become the first Asian character brand to open a large-scale official store in the US. Its store in New York City’s Times Square, opening in July, also marks the one-year anniversary of Line listing on the New York Stock Exchange. Line Friends has opened stores in 11 other countries and regions including […]

Retail Asia14/03/2017
KKday-Article-1024x743.jpg
5min0
KKday, a leading E-commerce travel platform in Asia offering localized travel across the globe officially launched in Thailand today, bringing unique and authentic tour experiences abroad to Thai tourists looking to travel independently and explore other cities around the world through organized excursions. Established in 2014, KKday is a Taiwan-headquartered company offering over 6,000 experiences, […]

Retail Asia13/03/2017
ecommerce.jpg
2min0
hai retail giant Central Group aims to raise the share of its e-commerce sales to 15 per cent over five years, up from the present 1 per cent. Presenting the company’s annual business plan, CEO Tos Chirathivat says the group will aggressively pursue expansion in the digital realm this year. About 10 per cent of […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X