Tag: 11street

Retail Asia17/11/2020
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2min0
SK Telecom Co., South Korea’s largest mobile carrier, said Monday it is partnering with Amazon.com, Inc. to allow South Koreans to have easier access to products on the U.S. e-commerce giant’s platform. The carrier said users of its e-commerce unit 11Street Co. can directly purchase the U.S. company’s products on its platform. It did not […]

Retail Asia29/01/2019
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12min0
All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the size of this new generation alone makes them attractive prospects for retailers, their distinct […]

Retail Asia15/08/2018
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2min0
Online marketplace 11street Malaysia is being overhauled following a partnership with PUC Ventures. The e-commerce retailer says the changes will enhance the user experience and further contribute to the Malaysian digital economy. The revamp will involve improved payment options and shopper experience; better logistics systems; a new mobile app; an influencer and celebrity store, as […]

Retail Asia26/06/2018
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1min0
South Korean mobile carrier SK Telecom has announced a US$449 million investment into a subsidiary’s e-commerce platform, 11Street Shopping Mall. In a decision yet to be approved by shareholders, SK will use the investment, sourced from the H&Q Korea private equity fund, to establish a new business entity. An SK spokesperson said that further reshuffling […]

Retail Asia24/04/2018
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1min0
Malaysian investment holding company PUC will invest RM90 million (US$23 million) in Celcom Planet (CPSB), which owns and runs e-commerce platform 11Street Malaysia. PUC, which provides integrated media, e-commerce and technology services, says the deal will give it management control of 11Street Malaysia. Meanwhile, CPSB claims to be one of the largest e-commerce companies in […]

Retail Asia16/01/2018
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5min
To technology, retailers have and are moving out from brick-and-mortar stores to join the cyber world. As a result, street retail sales are accelerating on the Internet, offering shoppers better deals because they do not have to worry about the overhead expenses which traditional stores have to deal with. Christy Ng Sdn Bhd founder Christy […]

Retail Asia08/12/2017
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2min0
Thai home-shopping retailer True Shopping has launched an online store on marketplace 11street. To mark its sixth anniversary, True Shopping and 11street are running a promotion this month with discounts and bonus coupons. “One of our key strategies for next year is to win new customer groups,” says CEO Ongard Prapakamol of True Shopping owner […]

Retail Asia03/10/2017
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3min0
Alibaba Group and JD.com are both competing to try to take over e-commerce company 11street Malaysia, a partnership between Celcom Axiata and Korea’s SK Planet, called Celcom Planet. The Chinese rivals are both discussing deals with 11street Malaysia. Running second to Lazada in terms of monthly visits and apps installed, 11street is an online marketplace […]

Retail Asia09/09/2017
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3min0
Korean-owned 11street may be exiting Indonesia, but the e-commerce platform remains bullish about its opportunities in Thailand. Yun Chang-sung, 11street Thailand VP of sales, says the company is working towards being the largest e-commerce player in the nation by 2022. A week ago, 11street parent SK Planet, a subsidiary of SK Telecom, announced it was selling […]

Retail Asia20/02/2017
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1min0
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 […]

Retail Asia26/12/2016
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2min
The South Korean e-commerce leader 11street has opened an online marketplace in Thailand during the festive season to capitalise on rapid growth in online shopping. The wholly owned subsidiary of the mobile operator SK Telecom aims to become Thailand’s biggest e-commerce player by 2020. Hong Cheol-jeon, chief executive of 11street (Thailand), said he was excited […]

Retail Asia28/07/2016
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7min
South Korean retailers are capitalizing on the explosive popularity of Nintendo’s augmented-reality mobile game “Pokemon Go” with new products and services targeting local Pokemon game enthusiasts and fans. From a sudden rise in consumer spending at select Pokemon-appearing cities in Korea to the launch of Pokemon-inspired hotels, tour packages and goods, the smash-hit game appears […]

Retail Asia26/07/2016
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5min
South Korean retailers are capitalizing on the explosive popularity of Nintendo’s augmented-reality mobile game “Pokémon Go” with new products and services targeting local Pokémon game enthusiasts and fans. From a sudden rise in consumer spending at select Pokémon-appearing cities in Korea to the launch of Pokémon-inspired hotels, tour packages and goods, the smash-hit game appears […]

Retail Asia20/05/2016
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8min0
11street (www.11street.my), one of the largest online marketplaces in Malaysia, launched ‘11street Academy’, the first ever e-commerce certification programme in the nation, targeting to help at least 1000 sellers and entrepreneurs to grow their businesses online. According to Hoseok Kim, Chief Executive Officer of 11street, this initiative aims to impart every facet of e-commerce knowledge […]

Retail Asia14/04/2016
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7min0
11street, Malaysia’s most exciting e-mall celebrates its one-year anniversary by bringing 11street’s Shocking Deals to Life, a carnival-themed celebration that shares the joy of saving and shopping online, as a gesture to thank Malaysian consumers for their tremendous support since its launch on 11th April 2015. 11street’s CEO, Hoseok Kim shared that moving forward, 11street […]

Retail Asia11/04/2016
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5min0
One of Kuala Lumpur’s oldest and most famous markets for cultural items and handcrafts is about to have an online sales outlet, through 11street Malaysia. Central Market has signed a memorandum of understanding with the online marketplace to make its retailers’ offerings available. This will enable customers anywhere to browse and buy products from Central […]


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