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Category: E-Tailing

Retail Asia30/01/2017
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E-Tailing

Vietnam E-commerce well placed to meet growth targets

6min0
Last year, e-commerce revenues increased to $5 billion, accounting for about three per cent of the total retail trade and services revenue. It has become an indispensable extension for businesses as a rapidly growing country with growing Internet connectivity deepens its global integration process. The development of multi-channel businesses that combines physical stores with an […]
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Retail Asia30/01/2017
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E-Tailing

Four strategies of China’s top 10 e-commerce apps

6min
Pushing advertisement online and offline has been the typical strategy of China’s e-commerce giants to bring in customers, explaining why e-commerce sector is one of the toughest battlegrounds for freshly born startups since they have little money to spend on advertising. However, the trend is changing. As startups like Bolome, combining live streaming into cross-border […]
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Retail Asia29/01/2017
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E-Tailing

Australian E-Commerce Looks to China for Global Growth

8min
Chemist Warehouse is geared up to target its online Chinese consumer market this weekend, by supporting the Melbourne Chinese New Year 2017 Festival with a Tai Chi Masterclass Series in Southbank, to celebrate the Year of the Rooster. In 2015, the pharmacy chain announced its plans to directly target the burgeoning demand for Australian complementary […]
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Retail Asia28/01/2017
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E-Tailing

Alibaba boosts Q4 revenue by 54%

3min0
Chinese e-commerce giant Alibaba Group reported a 54% increase in revenue for the quarter ended December 31. Revenue for the quarter reached 53.25 billion yuan ($7.66 billion). This was mainly attributed to the strong growth of its China e-commerce retail business and Alibaba Cloud division, as well as the consolidation of newly acquired businesses (mainly […]
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Retail Asia27/01/2017
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E-Tailing

eBay sales struggle to emulate Amazon’s growth

4min0
At first glance, eBay’s final quarter numbers look relatively subdued – with growth across every line sequentially worse than the prior quarter. However, digging beneath the headlines reveals a slightly better picture, if only because the strength of the dollar has deflated sales. On a currency neutral basis, gross merchandise volume increased by 5 per […]
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Retail Asia26/01/2017
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E-Tailing

Alibaba posts strong third quarter results

6min0
E-commerce giant, Alibaba, posted a 54 per cent rise in third quarter revenue ending December 31, 2016, raised its outlook and announced it would step up investments to expand its cloud and digital ventures. Alibaba reported a revenue of RMB53.2 million (US$7.67 million), an increase of 54 per cent year-over-year. Revenue from core commerce increased […]
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Retail Asia26/01/2017
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E-Tailing

Startup pushes mobile, social selling concept in Southeast Asia

9min
Singapore-based mobile classifieds marketplace Carousell recently announced that it has acquired Duriana, a Malaysian-based mobile-first, fashion and lifestyle marketplace in Southeast Asia. It was the company’s third acquisition in less than six months, which is expected to boost its ambition to become a leading global mobile classifieds marketplace. Basically, Carousell offers a mobile marketplace for […]
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Retail Asia26/01/2017
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E-Tailing

Alibaba third quarter revenue surges 54% to $7.67bn

3min
Alibaba has reported that its third quarter revenue increased 54% to $7.76bn, compared to $5.3bn for the same period last year. The Chinese e-commerce giant credited the revenue growth to its commerce retail business in China followed up by Alibaba Cloud and also the integration of its newly acquired businesses, especially Youku Tudou and Lazada. […]
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Retail Asia25/01/2017
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E-Tailing

UberEats Asia expands to Bangkok

2min0
UberEats Asia has introduced its stand-alone food-delivery app UberEats to Bangkok. It initially covers 100 restaurants and 24 cuisines, and users can track their orders from the moment they are placed until they arrive at their doors. “This app offers a window into what the future competition in the food-delivery industry could look like,” says […]
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Retail Asia25/01/2017
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E-TailingFashion

BCBG Maxazria plans restructure

2min0
Women’s fashion retailer BCBG Max Azria plans to close some of its stores to focus more on eCommerce, licensing and wholesaling. “BCBG has been negatively impacted by the growth in online sales and shifts in customer shopping patterns, and as a result has too large a physical retail footprint,” says PR company Sitrick & Co […]
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Retail Asia25/01/2017
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E-Tailing

China’s m-payment market growing 142% annually

2min0
The total value of mobile payment transactions in China is expected to grow at an average annual growth rate of 142% over the next three years to reach 13,776.5 trillion yuan ($2,011.17 trillion) by 2020, according to Research and Markets. According to a new report by the research firm, mobile banking accounted for 83.1% of […]
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Retail Asia24/01/2017
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E-Tailing

Online Tết shopping a boon for busy pros

9min0
Lan Anh, an accountant living in District 3, HCM City, is over-worked as the Lunar Year draws to a close. She has plenty of reports to finish and very little time to spare for shopping, even for the most traditional, must-have food items for Tết (Lunar New Year), the most important festival celebrated in the […]
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Retail Asia24/01/2017
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E-Tailing

Zalora Regional Headquarters Relocating to Tanjong Pagar

2min0
Online fashion retailer ZALORA is relocating its corporate headquarters in Singapore. The company has signed a three-year lease occupying over 30,000 square feet across two floors in Keppel Towers, located in Tanjong Pagar in the heart of Singapore’s business district. Parker Gundersen, ZALORA CEO, commented, “We’re very excited to be relocating to Keppel Towers. It’s […]
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Retail Asia23/01/2017
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E-Tailing

SelluSeller makes multiple-market selling easier

3min0
eCommerce and logistics company Anchanto has launched a software platform, SelluSeller, to help merchants, brands and distributors sell products on a multitude of marketplaces. Revealed at a company event in Singapore, SelluSeller enables users to manage their inventory and simultaneously upload listings to several eCommerce websites including Flipkart, Lazada and Matahari. This saves them having […]
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Retail Asia23/01/2017
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E-Tailing

Taiwan’s VAT On Online Retailers Becomes Law

1min0
On December 28, Taiwan’s President Tsai Ing-wen signed into law the amendment to the Value-Added and Non-Value-Added Business Tax Act to impose tax on foreign online sellers’ supplies to Taiwanese consumers. The amendment is intended to raise additional revenues and level the playing field for Taiwanese bricks-and-mortar retail and service businesses. The Ministry of Finance […]
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Retail Asia22/01/2017
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E-Tailing

Burger King to launch mobile app this spring

4min0
The parent company of Tim Hortons and Burger King plans to launch an app Canada-wide this spring that would allow customers to order and pay in advance on their smartphone without lining up to pay a cashier. The move by Restaurant Brands International follows a similar one by Starbucks and is the latest push towards […]
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