Tag: ecommerce

Retail Asia02/05/2022
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5min0
Chinese tech giant Alibaba is taking Lazada to Europe as part of its strategy to drive growth in overseas countries.  It was reported that the plan to expand Lazada to Europe was due to Alibaba’s slowing opportunities in China. The company’s latest interim report published in December 2021 unveiled that its revenue from its China […]

Retail Asia06/04/2022
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1min0
Beauty retailer Sephora has entered the Vietnamese market with a dedicated ecommerce store after an initial trial period of five months. Local customers can now buy directly from Sephora online, but there is no word yet on whether the global brand will open a physical store. About 90% of Vietnam’s cosmetics market is filled with foreign brands, led […]

Retail Asia29/03/2022
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5min0
E-commerce and gaming firm Sea said on Monday it is withdrawing from India’s retail market just months after starting operations there, the second pullback this month in an overseas expansion drive, as the loss-making firm faces a weak growth outlook. The withdrawal, effective beginning March 29, comes weeks after its e-commerce arm Shopee said it […]

Retail Asia24/03/2022
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5min0
Amazon Singapore has today launched a new mental health benefits package that provides its employees and their families with personalised, convenient, and confidential mental health and well-being support. The new service provides holistic mental well-being support with services such as life coaching, legal and financial support, and mindfulness resources available in addition to the traditional […]

Retail Asia21/03/2022
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2min0
The Vietnam Pavilion was launched on Chinese e-commerce platform Alibaba.com Friday to globally promote the country’s products and success stories. The Vietnam Trade Promotion Agency and the tech giant signed a deal for the purpose. Deputy Minister of Industry and Trade Do Thang Hai said the site would be used for advertising and taking Vietnamese […]

Retail Asia08/03/2022
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4min0
Google Cloud and Flipkart, India’s homegrown consumer internet ecosystem, have entered into a multi-year strategic partnership to help fast-track Flipkart’s innovation and cloud strategy. This partnership will propel Flipkart into its next phase of growth and advance its vision of onboarding India’s next 200 million shoppers and lakhs of sellers. Working together, Google Cloud will […]

Retail Asia25/02/2022
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2min0
Vietnam e-commerce startup OpenCommerce Group has raised $7 million in a Series A funding round led by internet company VNG and venture capital firm Do Ventures. The Hanoi-based company, which provides tech solutions for sellers to create and manage their online stores with no inventory costs required, said it has supported 86,700 small and medium […]

Retail Asia23/02/2022
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2min0
According to statistics for Buy2Sell’s Google Analytics in 2021, the platform recorded over half a million visits and 140,000 registered users. In 2020, the platform reached about 400,000 visits and 56,000 registered users. In two years, it has recorded one million hits and more than 200,000 registered users. According to Buy2Sell’s importation data for the […]

Retail Asia21/02/2022
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4min0
The global winter sports gear market continues to boom in 2022 thanks to the thrilling Beijing 2022 Winter Olympics and the rising popularity of winter sports around the world. Sales data from AliExpress, a global retail online marketplace under the Alibaba Group, shows a growing demand for winter sports products particularly for the winter sports […]

Retail Asia07/02/2022
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4min0
Online luxury fashion platform Cettire said it has penned a new deal to enter mainland China through a partnership with e-commerce giant JD.com, sending its shares up by more than 21 percent. Mainland China is expected to be the world’s largest market for personal luxury goods by 2025, representing around 25 percent of the $600 […]

Retail Asia03/01/2022
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6min0
With Covid-19 forcing people to stay at home and spend time online, e-commerce has been thriving. When Tet, the Lunar New Year, was a month and a half away e-commerce platforms had already achieved a strong increase in revenues during their December-12 promotion program. Lazada said sales doubled from the same period in 2020, while […]

Retail Asia20/12/2021
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3min0
China’s Alibaba has told its investors that overseas e-commerce would be a key focus as it looks for new sources of growth after a difficult year at home. Earlier this month, Alibaba Group Holding restructured its e-commerce business into separate China and international divisions, with the latter to be led by Jiang Fan, head of Alibaba’s flagship […]


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