Commerce

Retail Asia03/08/2020

Chinese social commerce platform Taobao has inaugurated a new rating system to reward deserving young creators and small enterprises with broader market exposure on the fifth anniversary of the firm’s Taobao Maker Festival. The exposure is designed to bring more attention to outstanding creativity and better promote products to the platform’s 840 million users. Taobao’s […]

Retail Asia05/06/2020

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Chinese e-commerce giant JD is moving to stimulate small and medium enterprises nationally by providing supply chain and service support for the employment of more than 5 million people. The firm is accumulating around 50 billion goods as a part of its “Spark” economic support plan designed to benefit SMEs, stall owners, and shopkeepers. The […]

Retail Asia08/07/2019

Shopline, the global smart commerce platform, has today announced the official expansion of its operations to Malaysia. The news follows the closure of a successful US$2 million funding round earlier this year, led by CDIB Capital Group and Alibaba Hong Kong Entrepreneurs Fund, and reaffirms SHOPLINE’s confidence in the Southeast Asia market. The start-up, originally […]

Retail Asia26/03/2019

Thinking about how to create your e-commerce store in Asia? This exclusive event has all your answers. Moni, a digital commerce and brand experience agency, providing an end-to-end suite of e-commerce services in the region, is set to take centre stage on April 2 in Central, Hong Kong. Moni, with more than 12 years of […]

Retail Asia03/04/2018

Lingerie e-tailer Adore Me says it plans to open between 200 and 300 stores during the next five years. The company will make its brick-and-mortar debut in New York City within the next few months, followed by up to 10 locations this calendar year and another 20 next year to gauge foot traffic in different […]

Retail Asia12/06/2017

Purchases made through mobile devices like smartphones accounted for record-high levels of all products traded online in April, government data showed. Mobile transactions through smartphones and tablets reached 3.68 trillion won (US$3.28 billion) in April, surging 42.2 percent from a year earlier, according to the data by Statistics Korea. The amount was equal to 60.6 […]

Retail Asia31/05/2017

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Juniper Research predicts that the digital commerce sector is set to see substantial growth in user numbers over the next 4 years, as the number of unique users exceed 3 billion by 2021. Juniper has identified two sectors set to drive the digital commerce market, in terms of transaction values; these are digital and physical […]

Retail Asia07/03/2017

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Despite a slower economic outlook, more than a third (38%) of online adults in Singapore interviewed in a 2016 study by PayPal say they will be spending more online this year, largely due to the convenience it brings. Notably, another 78% who predicated an increase in their online spend also cited convenience as the reason. […]

Retail Asia06/12/2016

This year China has moved closer to becoming the world’s largest retail market, with the total retail sales of consumer goods in the country reaching 30.1 trillion yuan (£3.39 trillion) in 2015, as cited by China Internet Watch. To put that into perspective, according to Retail Economics the UK’s total retail sales reached £339 billion […]

Retail Asia20/11/2016

Mobile commerce conversion rates are highest in Japan, the U.K and South Korea for Q2 2016 states the State of Mobile Commerce Report released by performance marketing technology company, Criteo. The company claims to have studied 1.7 billion transactions across desktop and mobile sites worth $720 billion in annual sales, covering over 3,300 online retail businesses […]

Retail Asia09/06/2016

Salesforce.com is moving beyond CRM and into e-commerce with the acquisition of cloud service provider Demandware. It will use the purchase to kick-start a new field of business, the Salesforce Commerce Cloud, it said Wednesday. The company already has its Sales Cloud, Service Cloud, Marketing Cloud, Analytics Cloud. By rebranding Demandware Commerce Cloud as its […]

Retail Asia05/11/2015

Mobile commerce in Thailand has continued to cement itself as a significant online marketplace thanks to the greater availability of high-speed wireless broadband internet and affordable smartphones, say global internet and online retail companies. Attractive mobile commerce campaigns by e-commerce operators is also attributed to the surge in mobile commerce. Compared with the US, Japan […]

Retail Asia24/12/2014

Beijing based supermarket chain Wumei Holdings will pay CNY1.4 billion (USD225 million) for a majority stake in home decorating chain B&Q China whose parent Kingfisher failed to spur growth in the home decoration market in the world’s second-largest economy. The all-cash takeover will be subject to approval from China’s Ministry of Commerce, and is set […]

Tag: Commerce

Taobao looks to boost young entrepreneurs showing originality talent

JD.com fosters local stalls and small stores in China

Shopeline, Asia’s Biggest Smart Commerce Platform, Strengthens Foothold in Southeast Asia

Thinking about creating an e-commerce shop in Asia?

Lingerie e-tailer Adore Me expands offline

Korea’s Mobile shopping soars to record levels

40% of the world to use digital commerce by 2021

Mobile commerce in Singapore to pass $850m in 2017

Alibaba and ecommerce festivals: Europe’s gateway to China

With close to 55%, Japan has highest mobile commerce transactions

Salesforce moves into eCommerce with $2.8b M&A

Mobile commerce on rise

Wumei seals majority stake in B&Q China