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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
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 )

Retail Asia17/08/2016

Kantar Worldpanel has formed a global partnership with Facebook that brings Facebook mobile ad exposure data into Kantar Worldpanel’s Consumer Mix Model (CMM) service. In Asia, the service has launched in South Korea, Taiwan, Thailand, Philippines, and Vietnam, and will soon be available in Indonesia and Malaysia as well. The enhanced CMM tool combines Facebook’s […]

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Retail Asia16/08/2016

Alibaba sales have soared in the first quarter of its new fiscal year, with overall revenue growth pushing even higher than last quarter’s stellar result. Streaming entertainment and cloud computing boosted the business, driving revenue up 59 per cent in the June quarter to 32.15 billion yuan (US$4.8 billion). In a contrast to the last […]

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Retail Asia15/08/2016

Chinese e-commerce giant Alibaba saw revenues leap 59 percent year-on-year for the quarter ended in June, it said Thursday, its strongest growth since it listed on the New York Stock Exchange in 2014. Revenue for the company, seen as a proxy for China’s increasingly crucial consumer sector, reached 32.15 billion yuan ($4.83 billion) in the […]

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Retail Asia11/08/2016

Facebook is looking to stop playing ball with ad blockers. On Tuesday, Facebook tweaked its desktop website in a way that renders traditional ad blocking useless. The company redesigned its ad formats to improve ad performance and expanded its controls so that users get to see those ads that are relevant. In addition, Facebook noted […]

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Retail Asia11/08/2016

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Right after the closure of its sibling eCommerce model Lingo, Topmot Vietnam has received US$1 million from investors in Asia, Europe and the US. The funding proves that despite many online failures in Vietnam to date, there is still interest in eCommerce startups. “Ecommerce in Vietnam is indeed not easy, specifically for B2C businesses that […]

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Retail Asia10/08/2016

South Korea’s major e-commerce site, Ticket Monster on Monday said it has started sales of British luxury car brand Jaguar. Ticket Monster put on sales of 20 Jaguar XE Portfolios and R-Sports on Monday morning, marking them down 7 million won (US$6,317) from the regular retail prices to 48.1 million won and 46 million won, respectively. […]

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Retail Asia10/08/2016

The move comes after the British retailer trialled the web marketplace for less than a year and claimed the test was a success. It will now sell over 100 own-label products across four categories—British breakfast, drinks, organic and baby—on Tmall, and has plans to add further ranges later this year. With online Chinese sales dominated […]

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Retail Asia09/08/2016

SingPost eCommerce delivered soaring sales growth – and expenses – in the last quarter. Revenue in the three months to June 30 grew a robust 30.9 per cent to S$333.4 million, buoyed by continued expansion of cross-border eCommerce-related activities, and the inclusion of contributions from new subsidiaries. But net profit attributable to equity holders declined […]

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Retail Asia09/08/2016

Singapore-based online marketplace Carousell has raised US$35 million in a funding round led by Rakuten Ventures. Other investors in the Series B funding round included Golden Gate Ventures, Sequoia India and 500 Startups. Founded in 2012, the Carousell app lets people buy and sell a variety of items including beauty products, fashion, lifestyle gadgets, furniture and […]

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Retail Asia08/08/2016

Fortumo and Indonesia’s leading digital telco, Indosat Ooredoo, today announced the launch of direct carrier billing. The partnership will enable 69.8 million Indosat Ooredoo subscribers to make online payments by charging purchases to their mobile account without the need to use a credit card. “We are pleased to build this strategic collaboration with Fortumo, one that will bring more benefits to […]

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Retail Asia08/08/2016

Jakarta-based health information portal Alodokter has closed a $2.5 million Series A round led by Golden Gate Ventures. The Series A investment also saw participation from existing investors 500 Startups and entrepreneur Lim Dershing. All three are returning investors, having participated in its seed round in April 2015. Daniel Stan, former VP of Lazada Indonesia and head of its online marketing […]

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Retail Asia07/08/2016

Dloky is a new Social Media Network for Retail and Hospitality businesses worldwide based on GPS Proximity Marketing and Local Promotion. Dloky started in 2015 as mobile app for iOS and Android and recently the web platform was added. Mobile Advertising Users can customize their page by setting the search distance, selection of categories, businesses […]

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Retail Asia06/08/2016

Vietnamese eCommerce site Lingo.vn closed suddenly yesterday, without a word of goodbye to its legion of Vietnamese fans. The closing of Lingo.vn was clearly a sudden decision, especially as it had been running a promotion on its Facebook page, which was supposed to last until today, (August 3). According to an inside source, the company […]

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Retail Asia06/08/2016

Christian Dior China has become the first luxury brand to sell top-end bags on messaging and social network WeChat. With an eye on Chinese Valentine’s Day (Qixi) on August 9, it offered its limited-edition Lady Dior bag on the platform this week. It was to be available until today, but sold out on Tuesday. As […]

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Retail Asia05/08/2016

More shoppers are using smartphones and tablets to do business with Korean online retailers – both Koreans and foreigners. Chinese shoppers – particularly those who have visited Korea and fallen in love with its products – have been a particular boon to the online shopping business. According to Statistics Korea, online shopping transactions rose 18.8 […]

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Retail Asia05/08/2016

Zalora has appointed a new CEO, Parker Gundersen, who joins the online fashion retailer from DFS Group, the travel retail subsidiary of Louis Vuitton Moet Hennessy. The new Zalora CEO has more than 15 years of retail and leadership experience in key management positions across Asia, the Middle East and North America. From 2011 to […]

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Retail Asia04/08/2016

Founded by Malaysian blogger and fashion entrepreneur Vivy Yusof, online fashion outlet Duck Scarves has come to ground, opening its first store, in Pavilion Kuala Lumpur. Since launching in May 2014, Duck products have become known for their presentation and packaging, as well as design and quality. Each scarf comes with special hem detailing and […]

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Retail Asia04/08/2016

With the success of its trial with Tmall Global, Sainsbury’s China is doubling its product range. Citing “increasing demand”, the British supermarket retailer is about to release 100 more items, such as tea bags, coffee and pasta. “Chinese online shoppers are increasingly demanding high-quality international products,” says Sainsbury’s CFO John Rogers. “Many customers also want […]

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Retail Asia03/08/2016

Mobile payment is coming to stores belonging to fashion retailer Inditex Group in September, chairman and executive Pablo Isla announced recently during the company’s annual general meeting. Inditex has eight brands and more than 7,000 stores throughout the world. These brands include Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe. Initially, the […]

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Retail Asia03/08/2016

Nippon Express will work with e-commerce giant Alibaba Group Holding to ship Japanese goods to China for around 30% less than current prevailing rates. The Japanese shipper will transport goods from companies doing business on Alibaba’s TMall.com platform to China, while an Alibaba affiliate will handle home delivery. Goods can either be flown across the […]

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