Tag: ecommerce

Retail Asia24/08/2022
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1min0
JD.com, beat Wall Street estimates for quarterly revenue on Tuesday (Aug 23) as lockdowns in China to control the spread of the coronavirus boosted online shopping and the company’s “618” shopping event. US-listed shares of the Beijing-based company rose nearly 7 per cent in premarket trading. The company reported second-quarter revenue of 267.6 billion yuan […]

Retail Asia22/07/2022
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10min0
Every business is different. From its launch to its maturity or failure, businesses go through many stages. There are ups and downs, barriers and successes, all that mark the uniqueness of a business and the strategies used in it. Just like that, there are many differentiations for the business life cycle of ecommerce stores these […]

Retail Asia12/07/2022
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1min0
Malaysia-based multinational low-cost airline AirAsia has expanded its portfolio by including two new businesses set to launch in the Philippines’ capital, Manila, by the end of 2022. AirAsia Super App will soon operate a ride hailing and food delivery service after it already secured a franchise from the Land Transportation Franchising and Regulatory Board (LTFRB) for its […]

Retail Asia08/07/2022
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2min0
A record 9.3 million Australian households made online purchases in the year to March according to data released by Australia Post. The postal service said online spending increased by 12 per cent year on year and in the six months from July to December 2021, an average of 5.6 million households purchased online each month. […]

Retail Asia15/06/2022
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3min0
Sea Group’s e-commerce arm Shopee is laying off staff across multiple markets as it seeks to rationalize its e-commerce business, DealStreetAsia has learned. The layoffs have affected employees across several of the company’s Southeast Asian markets including Indonesia, Thailand and Vietnam, sources told DealStreetAsia. The company is said to have emailed employees affected by the […]

Retail Asia10/05/2022
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2min0
ONLINE marketplace Carousell has inked a deal to buy Refash, a Singapore e-commerce platform and store operator for second-hand clothes, the companies announced on Monday (May 9). The deal value is undisclosed. Launched in 2015, Refash is focused on “thrifting”, or facilitating sales and purchases of second-hand clothes. The company said that it has processed […]


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