Tag: ecommerce

Retail Asia14/03/2024
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1min0
Coupang customers in South Korea can now directly purchase products from Japan, thanks to the e-commerce platform’s expansion of its overseas direct purchase service. With Japanese products now available through the Rocket Jikgu direct purchase service, customers can now purchase food from brands such as Nissin, Meiji, LeTao, and AGF, and beauty items from brands […]

Retail Asia06/03/2024
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1min0
Myntra has secured a US$54 million investment from parent company Flipkart amid its tough competition with Reliance’s Ajio and Tata Cliq. This is Flipkart’s second investment in Myntra following $105 million in March last year. The new investment came as Walmart, Flipkart’s largest shareholder, committed $600 million to the India-headquartered parent company as part of […]

Retail Asia23/02/2024
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4min0
Buy2sell Vietnam has received commendable reviews from international partners like Mykitkat, Leifredy, Kate of Tokyo, DrLoule, and Nunalin. In the dynamic realm of international commerce, Buy2sell Vietnam has emerged as one of the leading companies in importing and distributing goods and as a beacon of excellence garnering customer and supplier praise worldwide. In this narrative […]

Retail Asia09/02/2024
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2min0
JD.com is supporting the growth of British businesses in the Chinese market as it partnered with parcel delivery company Evri to combine their expertise and resources in e-commerce and logistics. The partnership will combine JD.com’s advanced e-commerce capabilities with Evri’s extensive delivery network across Europe. The services will include local pickup, warehousing, international transportation, access to […]

Retail Asia06/02/2024
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4min0
According to U.S. e-commerce giant Amazon, cross-border e-commerce is expected to be the fifth-highest value export of Vietnam by 2027, with a value of US$12 billion. “2023 Performance Report: Empowering Small and Medium-sized Enterprises in Vietnam” published by the firm’s Amazon Global Selling Vietnam, a unit that supports sellers, said by 2027 cross-border e-commerce exports […]

Retail Asia31/01/2024
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2min0
JD.com is supporting the growth of British businesses in the Chinese market as it partnered with parcel delivery company Evri to combine their expertise and resources in e-commerce and logistics. The partnership will combine JD.com’s advanced e-commerce capabilities with Evri’s extensive delivery network across Europe. The services will include local pickup, warehousing, international transportation, access to […]

Retail Asia16/01/2024
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2min0
eBay has agreed to pay a $3 million penalty following a harassment campaign conducted by its employees involving the sending of live cockroaches to a Massachusetts couple. The U.S. Justice Department announced the fine last Thursday, attributing responsibility to eBay for the harassment campaign its employees executed against David and Ina Steiner, in 2019. This […]

Retail Asia04/12/2023
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1min0
India-based eyewear retailer Lenskart plans to open stores in Thailand and the Philippines to expand in Southeast Asia. “We’re looking at opening 300 to 400 stores in southeast Asia in the next two years. Initially, we go slow, but we like to go deep,” Peyush Bansal, Lenskart cofounder and CEO said. “We’ve been in Singapore […]

Retail Asia30/11/2023
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2min0
Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government, state news agency Antara reported, citing the deputy trade minister. In September, Indonesia banned e-commerce transactions on social media, a major blow for TikTok, which had pledged to invest billions of dollars in Southeast Asia, including Indonesia, the region’s […]

Retail Asia23/11/2023
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3min0
More than half of Vietnam’s population shopped online last year as both supply and demand in the e-commerce sector continue to boom. Dang Anh Dung, deputy CEO of Lazada Vietnam, told the forum on e-commerce on Tuesday that a report by Google and Temaske & Bain said around 57 million Vietnamese made online purchases last […]

Retail Asia14/11/2023
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3min0
TikTok has been talking with Indonesian e-commerce companies about possible partnerships, an Indonesian minister said on Monday, a month after Southeast Asia’s largest economy banned online shopping on social media platforms. TikTok has spoken with five companies including GoTo’s e-commerce unit Tokopedia, Bukalapak.com and Blibli, according to Teten Masduki, minister for small-medium enterprises (SMEs). “Some […]

Retail Asia05/10/2023
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5min0
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asia’s biggest economy to boost its e-commerce business. The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding […]

Retail Asia28/09/2023
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3min0
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a move intended to protect traditional retail and which will mostly impact short video platform TikTok and its shopping platform. The government says the move is aimed at protecting offline merchants and marketplaces in Southeast Asia’s biggest economy, adding […]

Retail Asia19/09/2023
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2min0
Chinese fashion giant Shein has reportedly been in talks with Mike Ashley’s Frasers Group to acquire the UK-based fashion platform Missguided. Sky News said the two companies have been negotiating for several weeks. The move came about a year after Missguided was brought out of administration by Frasers Group for £20 million. The deal, if it happens, […]


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