E-Tailing

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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 )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia28/02/2017

Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal. Last week, Ayala announced it will buy 43.3 per cent ownership in Zalora manager BF Jade E-Service Philippines for an undisclosed amount, taking its ownership to 49 per cent. The investment marks Ayala’s first foray […]

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Retail Asia28/02/2017

Ikea Japan will make a full-fledged entry into internet sales, offering nearly all store items through a dedicated website to launch in late April. Plans call for selling 9000-odd products, excluding food and plants. They will initially be shipped from the nation’s nine Ikea stores. When coverage expands there will be direct shipping from warehouses. […]

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Retail Asia28/02/2017

Sands China, ICBC and Mastercard have launched a credit card allowing holders to collect points anywhere in the world which can be redeemed at Sands Macao’s integrated resorts. The ICBC Sands Lifestyle Mastercard holders will also have the opportunity to earn up to three times more points when they shop and 20 times more points […]

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Retail Asia27/02/2017

Lazada Thailand sent five of its top performing sellers to Alibaba’s campus in Hangzhou. They joined a delegation of 34 Lazada sellers. Led by Lazada Group, the visit took place from 23 to 25 February 2017 and include a rare opportunity to hear from Jing Jie, Vice President of Strategic Partnership Development, Alibaba Group and […]

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Retail Asia27/02/2017

“The size of Vietnam’s e-commerce market may reach $10 billion within the next five years,” he added. Ms. Dang Thuy Ha, Chief Representative at market researcher Nielsen in Hanoi, said the e-commerce market was worth up to $4 billion last year. Of Vietnam’s 91 million people, she said, 45 per cent access the internet and […]

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Retail Asia27/02/2017

Alibaba Group’s collaboration with Shanghai Bailian Group, one of China’s biggest general store and retail chains, is driven by Jack Ma’s push to use innovation to shake up outdated retail. “Alibaba wants to help update some of Bailian’s 4700 stores the nation over, coordinating everything from client relations to installment and coordinations in a way […]

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Retail Asia27/02/2017

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Ayala Corporation has stepped into eCommerce by acquiring a 49 per cent stake in BF Jade E-Service Philippines, which owns and runs fashion platform Zalora Philippines. The conglomerate has announced it is buying 43.3 per cent of BF Jade, while in a separate disclosure Ayala Land says it will own 1.91 per cent. BPI Capital […]

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Retail Asia27/02/2017

The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD. The global organisation expects sales will rise from the current S$130 million (US$91 million) to S$500 million (US$350 million) by 2020. At the end of 2016, IGD valued online grocery to have […]

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Retail Asia27/02/2017

Southeast Asian fashion ecommerce company, Zalora, has been in the process of shutting shop in a few Asian countries. The company had retreated from Thailand and Vietnam last year, and is pulling out from Philippines and Indonesia. Launched in 2012, the Rocket Internet backed online shopping company was functioning in Malaysia, Singapore, Brunei, Hong Kong, Taiwan, […]

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Retail Asia24/02/2017

The Ho Chi Minh City government should work with Facebook on how to collect tax from businesses running on the social media site, officials said. The city currently hosts a dynamic e-commerce scene with more than 80,000 websites, half of which have stable business, but tax collection from the segment is low, said Pham Thanh […]

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Retail Asia20/02/2017

Manhattan Associates today announced that Castlery, the Singapore-based online furniture retailer, has selected Manhattan SCALE as a key component of a business transformation programme to build a world-class order fulfilment capability that will ensure a seamless service experience for customers and drive ongoing business growth. Launched in 2013 with a mission to make designer furniture accessible to […]

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Retail Asia20/02/2017

E-commerce is forecast to hit $10 billion by 2020, accounting for 5 percent of the country’s retail market. Vietnam’s e-commerce market climbed to about $4 billion in 2016 as one of the fastest-growing markets worldwide. Revenue from online retail in Vietnam is forecast to hit $10 billion by 2020, accounting for 5 percent of the country’s […]

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Retail Asia20/02/2017

Korean-headquartered online marketplace 11street has launched in Thailand. Parent company SK Planet says 11street Thailand is the first Korean-owned eCommerce marketplace to open in the Southeast Asian nation. An opening ceremony was held at Bangkok’s CentralWorld shopping centre this week, and prominent advertising livery has appeared on BTS stations to promote the brand. Korean actor […]

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Retail Asia20/02/2017

Malaysian eCommerce customers have a new last-mile delivery service, PGEON, which lets them pick up their parcels at any MyNews.com convenience store. PGEON is a partnership between eCommerce delivery service EasyParcel and MyNews.com owner Bison Consolidated, which started out as a print media retailer. There are 320 MyNews.com outlets throughout Malaysia. EasyParcel co-founder/CEO Clarence Leong […]

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Retail Asia17/02/2017

Funding Societies has launched FS Bolt – a mobile application designed to provide flexible working capital loans for Singapore SMEs. Complementing the government’s financing programs for SMEs, FS Bolt offers loans with quantum up to S$20,000 ($14,000) for companies incorporated in Singapore. Available on both iOS and Android devices, the application process takes two minutes […]

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Retail Asia16/02/2017

Ookbee Mall Thailand will close its eCommerce business Ookbeemall.com next month, citing heavy competition. Launched in November 2015 with an initial investment of 150 million baht (US$4.2 million), Ookbee Mall is a JV between Japanese eCommerce investor Transcosmos and Thai e-book store Ookbee. Founder Natavudh Pungcharoenpong says the mall was launched as an experiment to […]

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Retail Asia16/02/2017

The Trade Desk has launched into Indonesia, a market it believes has huge potential for growth in programmatic ad trading. The company has launched alongside partnerships secured with Unruly, Grapeshot, Spotify, Tapad and Mobilewalla. Matt Harty, SVP of Asia and Australia at The Trade Desk, told The Drum that with Zenith numbers claiming that Indonesia […]

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Retail Asia15/02/2017

The size of the Thai start-up sector is expected to double this year, with especially high growth potential seen in the areas of fintech (financial technology) and tech for the healthcare, logistics and retail industries. Meanwhile, US tech giant Cisco is investing more than US$100 million (Bt3.5 billion) to support start-ups in Asia-Pacific. The Thailand […]

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Retail Asia14/02/2017

InMobi, an India-based mobile advertising platform provider, will invest up to US$50 million within the next five years to expand its business in Indonesia. InMobi founder and chief executive officer Naveen Tewari said in Jakarta on Monday that the company would focus its investment on developing a mobile video advertisement and customer-relationship management platforms. “We […]

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Retail Asia14/02/2017

The Transport Ministry has declined to approve a Uber Vietnam request to pilot an IT upgrade for its services, citing, among other things, a lack of authorisation and validation from its parent firm. In an indication of regulatory obstacles that stand in the way of companies using ridesharing apps that people can use to hire […]

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