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 Asia07/10/2016

No one wants Foodpanda Indonesia. Not enough consumers ordered its delivery service and after as long as a year trying to sell the business as a going concern, Foodpanda’s parent Rocket simply shut it down. The last order was taken at 10pm on Monday October 3, after which the business disappeared from online. It’s the […]

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Retail Asia07/10/2016

eCommerce group Lazada Indonesia says its current volume growth has accelerated to more than 150 per cent than at the same time last year. Key contributing categories are FMCG and fashion, which are both growing more than three times as much as last year. Also, about 80 per cent of the orders are via mobile […]

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Retail Asia07/10/2016

International direct-to-consumer fashion brand Grana is raising US$10 million in a Series A funding round led by Alibaba Group under the Alibaba Hong Kong Entrepreneurs Fund. It is one of three startups to attract support from the fund in its second round of investments. There is also participation from existing investors Golden Gate Ventures and […]

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Retail Asia06/10/2016

Flipkart, the Singapore-based parent of India’s online retail giant, reduced investment into its marketplace unit by 70% in the year ended March, effectively restraining the firm’s sales during the period. Flipkart Marketplace, a Singapore-based subsidiary and investment holding company, received equity infusion of Rs 1,629 crore in fiscal 2016, significantly lower than the Rs 5,456 […]

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Retail Asia06/10/2016

China’s burgeoning online clothing market experienced a sharp slowdown in the second quarter. Yearly growth rates tumbled from over 70% just six months ago to a two-year low of less than 45%. If the sharp slowdown continues in the second half this year, it will have a substantial impact on the revenues and profits of […]

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Retail Asia05/10/2016

With South-east Asia’s Internet economy set to rocket to hundreds of billions of dollars by 2025, international business giants are eyeing Singapore’s strategic location to gain access into the region’s e-economy, in particular, e-commerce. In recent months, the Republic has seen several big names pump billions worth of investments into local e-commerce companies, including one […]

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Retail Asia05/10/2016

Vietnam and Indonesia are tipped to become the largest Southeast Asian eCommerce markets within the next five years. Stunning growth in both markets is predicted in a report by global research company Frost & Sullivan which expects the broader region’s eCommerce market to double within five years. By 2020, the total revenue from B2C eCommerce […]

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Retail Asia04/10/2016

Ten international airports will be offering Alipay for travellers by the end of next month. First up in Alipay’s new “Future Airport” program are Munich Airport, Singapore Changi Airport, Narita International Airport in Tokyo, Kansai International Airport in Osaka, Seoul Incheon International Airport, Auckland Airport in New Zealand, Suvarnabhumi Airport in Bangkok, Hong Kong International […]

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Retail Asia30/09/2016

Wal-Mart Stores is seeking to pay as much as US$1 billion for a share of India’s Flipkart Online Services to counter Amazon’s foray into the fast-developing eCommerce market. Under a proposed agreement, reported by both Bloomberg and the Wall Street Journal, the world’s largest retailer would take a minority Flipkart ownership. Insiders say the terms […]

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Retail Asia30/09/2016

Rather than speedy deliveries, online shoppers prefer to be able to nominate delivery times and locations, according to a new study by Deutsche Post DHL Group. They also want greater visibility, such as easily accessible shipment tracking and details of the delivery company. “Speed isn’t everything,” says DHL eCommerce CEO Charles Brewer. “Through the survey […]

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Retail Asia28/09/2016

Oracle and the government of Maharashtra have teamed up to advance the state’s digital transformation initiatives. According to the MoU signed between the two, Oracle Cloud solutions will be leveraged in order to develop Maharashtra’s smart city program, with the goal of making the urban landscape more livable and inclusive, while driving economic growth at […]

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Retail Asia28/09/2016

State-owned fertilizer producer Pupuk Indonesia is intensifying agriculture research through its subsidiary, Pupuk Indonesia Pangan, in its effort to strengthen national food security. Pupuk Indonesia investment director Gusrizal said his office had contributed to food security through its research and development programs nationwide since 2013. “We have conducted research programs in Kapuas [Central Kalimantan], Ketapang [West […]

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Retail Asia26/09/2016

The Lazada and Zalora parent is paring back its losses after divesting operations in two markets. With operating losses nearly halved and excluding disposals in India and Southeast Asia, Global Fashion Group (GFG) has reported a 36.3 per cent rise in net revenue. Backed by Rocket Internet and comprising online fashion retail businesses in emerging […]

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Retail Asia23/09/2016

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Alibaba Group Holding has surpassed Tencent Holdings and China Mobile in market capitalisation to become Asia’s richest company. Alibaba’s market value rose to US$261 billion in New York last week, overtaking Tencent’s US$255.98 billion capitalisation in Hong Kong on Thursday during a trading week shortened by a public holiday. China Mobile was the region’s third-largest […]

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Retail Asia22/09/2016

ShopBack Malaysia, the most popular Cashback platform in the country, today announces that it is joining the much-awaited #MYCYBERSALE as its official Cashback partner to give away real, hard cash for online shoppers. Organised by Malaysia Digital Economy Corporation (MDEC), #MYCYBERSALE, the largest annual online sale event, is scheduled to be held from 26-30 September […]

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Retail Asia19/09/2016

Southeast Asian eCommerce giant Lazada has partnered with 40 Vietnamese retailers to expand their businesses. The partner businesses include electronics retailers Cho Lon, Tran Anh, Home Center, cookware chain Lock&Lock, and jeweller PNJ. Lazada expects the deals will help it cater better to local consumers, developing its business throughout Vietnam market with the message “whatever you […]

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Retail Asia17/09/2016

Chinese cross-border eCommerce has reached a turning point, says new research from Oliver Wyman. Spending online offshore by Mainland Chinese reached RMB 120 billion (US$17.963 billion) in 2015 according to iResearch, and is expected to grow more than 60 per cent, reaching 7 per cent of total Chinese eCommerce value by 2018. However, Oliver Wyman […]

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Retail Asia16/09/2016

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Lazada, a leading e-commerce platform in Southeast Asia owned by Alibaba Group, is gearing up to tap into the burgeoning cross-border e-commerce market next year, in a move set to create greater opportunities for small and medium-sized enterprises in Asean and China. The company will join forces with Alibaba’s Tmall.com platform and its logistics and […]

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Retail Asia14/09/2016

Hong Kong based on-demand delivery app Lalamove is moving into restaurant and food delivery across Bangkok to feed the growing appetite for appetizing restaurant dishes and produce to be brought straight to customers’ doors. Restaurants and food producers invited to use Lalamove’s 24/7 dedicated courier service receive a stamp of approval with a ‘Lala Recommended’ graphic […]

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Retail Asia14/09/2016

Coupang’s net sales more than doubled in the first half of the year, helping to validate SoftBank Group Corp.’s bet that the South Korean web retailer will carve out a piece of Asia’s booming e-commerce market. Net revenue rose to 868 billion won ($782 million) in the first half of the year, helped by retail […]

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