Tag: ebay

Retail Asia20/10/2017
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2min0
Online shopping giant eBay and specialist retailer Saatchi Art have created and tested an experimental retail experience they claim is the world’s first subconscious shopping experience. It merges art and technology to reveal shoppers’ subconscious desires. For just 48 hours, the two retailers invited select guests to their personalised shopping event, The Art of Shopping. […]

Retail Asia08/09/2017
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1min0
South Korean online mall sales growth has decelerated as competition grows more fierce, government data shows. There was a 3.6 per cent increase in the combined revenue of 26 offline and online retailers to 10.22 trillion won (US$9 billion) in July, according to the Ministry of Trade, Industry and Energy. This gain marks a deceleration […]

Retail Asia24/08/2017
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4min0
US department store retailer Macy’s has named Hal Lawton, formerly senior vice president of Ebay North America, as president. Effective September 8, Lawton will be responsible for all aspects of the Macy’s brand, including merchandising, marketing, stores, operations, technology, and consumer insights and analytics, and will report to Macy’s CEO Jeff Gennette. Lawton brings strong retail and digital […]

Retail Asia22/08/2017
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3min0
Ebay announced it has promoted Scott Cutler, Jay Lee and Jooman Park to lead Ebay’s regional teams. Cutler will lead the Americas, Park will lead APAC and Lee will lead EMEA. Cutler has been with Ebay since 2015. Prior to Ebay he was the Executive Vice President of the New York Stock Exchange for nine years. […]

Retail Asia13/07/2017
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2min0
Microsoft is looking to extend its local retail footprint, yesterday launching a virtual store on Ebay. The tech giant said it is looking to tap into the 11.3 million monthly visitors that visit the online marketplace, with one in two online shoppers visiting the site. It represents a three-fold tilt at Aussie consumers with the Ebay […]

Retail Asia28/03/2017
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1min0
Three days after closing a funding round of US$1 billion, Flipkart is taking steps to acquire eBay India. Insiders say eBay India will be folded into Flipkart, reports start-up specialist publication E27. After Flipkart, Amazon, Shopclues, PayTM and Snapdeal, eBay is India’s six-largest e-commerce company. Flipkart’s latest funding round involved eBay, Microsoft and Tencent Holdings, […]

Retail Asia24/03/2017
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1min0
Indian e-commerce giant Flipkart has closed a US$1 billion funding round, with plans to raise an equal amount over the next few months. Investors who have contributed to this round include eBay, Microsoft and Tencent Holdings, Bloomberg reports. The funding comes at a valuation of $10 billion, up from $5.39 billion when its minority investor […]

Retail Asia27/01/2017
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4min0
At first glance, eBay’s final quarter numbers look relatively subdued – with growth across every line sequentially worse than the prior quarter. However, digging beneath the headlines reveals a slightly better picture, if only because the strength of the dollar has deflated sales. On a currency neutral basis, gross merchandise volume increased by 5 per […]

Retail Asia08/12/2016
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5min0
Cross-border eCommerce (CBEC) is set to skyrocket in China according to a new report from international think tank Fung Global Retail & Technology. To capitalise on this, international retailers need to complement their existing expansion strategy with online sales platforms, says Fung Global MD Deborah Weinswig. Cross-border eCommerce is the most efficient platform to reach […]

Retail Asia18/07/2016
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6min0
All retailers can take lessons from eBay’s personalised customer marketing campaigns. For the modern-day marketer, the concept of the right message to the right person at the right time may seem like an over-used cliche; a pipe-dream, considering the mountain of tasks and campaigns. As customers and channels expand, this challenge will only continue to […]

Retail Asia16/06/2016
9min0
Service providers and their millions of users are affected by a significant regulatory change to China online payments announced by the Chinese Central Bank. From July 1, third-party online payment service providers must ensure that all user accounts bear the real name of the account holder. In addition, accounts will be categorised into three types […]

Retail Asia13/05/2016
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2min0
Gucci America has become the second brand to quit the International Anti-Counterfeiting Coalition(IACC) since the US-based group allowed Chinese eCommerce giant Alibaba to become a member last month. Describing Alibaba as “our most dangerous and damaging adversary”, Michael Kors left the IACC just after the Washington, DC group let Alibaba on board. Gucci, along with […]

Retail Asia11/05/2016
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11min0
Online marketplaces, those giant shopping sites like eBay and Amazon Marketplace, can be a mixed blessing for brands and merchants. Marketplaces offer retailers broad exposure to millions of consumers, as well as delivery, payment and other solutions. Still, most marketplaces leave merchants wanting in one very important aspect: brand control. While the platforms provide virtual […]

Retail Asia06/12/2015
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2min
eBay is getting into groceries – in Korea, that is. It will offer perishables such as vegetables, meat and dairy through Korea’s Gmarket and IAC platforms. The Partnership Program Director for eBay Korea Ju Cheol Lee said, “We’ve aligned with a top Korean retail brand and put the final touches to the platform, giving our […]

Retail Asia27/07/2015
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4min
Singapore-based Giosis, the parent company of Pan-Asian eCommerce platform Qoo10, has raised US$82.1 million in new funding led by Singapore Press Holdings. Other investors in the mix included eBay, Saban Capital Group, UVM 2 Venture Investments LP, Brookside Capital and Oak Investment Partners. Qoo10 operates six online eCommerce marketplaces across Asia – in Singapore, Japan, […]


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