Category: E-Tailing

Retail Asia20/01/2017
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2min0
South Korean internet giant Naver has launched Context Recognition AI (ConA), an artificial intelligence platform that automatically recommends travel destinations overseas. According to Naver, parent of messaging app Line, amongst other things, ConA uses ‘deep-learning technology’ and makes use of big data from online tour sites or restaurant information to come up with travel themes […]

Retail Asia19/01/2017
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3min0
India tops the Mastercard Index of Consumer Confidence rankings as the most optimistic market in Asia Pacific, with Myanmar, Vietnam, Philippines and Bangladesh rounding off the top five. Overall, consumer confidence in Asia Pacific continues to hold steady, showing stability (within plus or minus five points from the previous survey) in nine out of 17 […]

Retail Asia19/01/2017
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4min0
Alibaba Cloud the National University of Singapore (NUS), and EZ-Link, Singapore’s largest issuer of Contactless e-Purse Application (CEPAS) compliant cards, have teamed up to boost Singapore’s smart computing and data-driven capabilities. The three organizations have signed a memorandum of understanding aimed at bolstering the University’s data science curriculum and paving the way for a pilot […]

Retail Asia18/01/2017
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3min0
Indian fashion eCommerce platform Fynd plans to expand in Southeast Asia from April, which could include the Philippines. It also plans to expand beyond clothing, footwear and accessories to childrenswear, decor and furnishing. Fynd is run by Shopsense Technologies, which has among its investors Facebook executive Anand Chandrasekaran, Arvind Sports chief executive Rajiv Mehta and […]

Retail Asia18/01/2017
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3min0
Chinese eCommerce giant Alibaba has teamed up with some of the world’s most-counterfeited brands to fight against copycats. Collaborating with such global brands as Louis Vuitton, Samsung and Swarovski, Alibaba will provide its members with big data and other support to help them block, identify and even take down listings from its marketplaces such as […]

Retail Asia16/01/2017
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8min
More shoppers seen migrating to virtual stores as economy slows down AS consumers hold on tighter to their wallets and purses amid a slowing economy, online shopping is expected to be more prominent in the Malaysian retail scene with more brick-and-mortar retailers offering online shopping facilities to customers. As in many other countries around the […]

Retail Asia11/01/2017
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5min0
Alibaba has announced a proposal to privatise the Intime Retail Group, an investment-holding company that manages department stores and shopping malls in China. Alibaba Investment, a wholly owned subsidiary of Alibaba Group Holding, together with an entity wholly owned by Shen Guo Jun, the founder of Intime Retail, have asked the board of directors of […]

Retail Asia10/01/2017
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2min0
Surprisingly, Asia does not feature in the top 10 destinations of Chinese cross-border eCommerce during the holiday season. First to market, DHGate.com, a B2B transactional crossborder eCommerce marketplace, has released lists of the 10 destinations accounting for the largest volumes of shipments during the holiday season. The data includes the highest-selling product categories, the top […]

Retail Asia10/01/2017
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2min0
Users of China mobile wallet app Alipay hit spending records last year both online and in stores. Of the app’s 450 million users, most are in Shanghai, paying out an average US$20,400 last year, says the Alibaba spin-off company. This was 1.5 times more than they spent the previous year. While the average middle-class wage […]

Retail Asia06/01/2017
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3min0
eCommerce company Carousell has bought Duriana, the Malaysian mobile classifieds startup, to become the top mobile classifieds player in the market. The deal adds significant critical mass to Carousell in Philippines, where Duriana has built a credible presence, and cements Carousell’s position as the largest and fastest growing mobile classifieds marketplace in Asia-Pacific. Duriana is […]

Retail Asia06/01/2017
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2min0
Indonesian online lingerie store Lolalola closed yesterday, but customers can still shop on its social-media platform. Lolalola says incoming orders will be processed “normally”. There has been no word yet from the startup on why it decided to close down the service, but it could be related to the increasingly tight competition among fashion eCommerce […]

Retail Asia06/01/2017
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1min0
Sino Grandness Food Industry Group’s full range of own-branded products will be sold online through Wechat Food. A mobile platform has been developed by Wechat Food, and under the agreement products such as Garden Fresh beverages, Grandness canned food and Hao Tian Yuan snack food will be available. Sino Grandness chairman/CEO Huang Yupeng says the […]


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