Tag: ecommerce

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 […]

Retail Asia17/12/2021
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4min0
The ranking of businesses in Vietnam’s map of e-commerce changed in the second quarter of 2021, with the volume of Google searches for essential online stores skyrocketing, according to an iPrice Group study. The study showed online groceries were the only category to maintain steady and consistent growth since the beginning of the pandemic. Google […]

Retail Asia06/12/2021
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2min0
Alibaba said it would form two new units to house its main e-commerce businesses – international digital commerce and China digital commerce, in a bid to become more agile and accelerate growth. The international digital commerce unit will house Alibaba’s overseas consumer-facing and wholesale businesses and include AliExpress, Alibaba.com and Lazada. The unit will be […]

Retail Asia29/11/2021
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10min0
Both consumers and retailers have had enough of ads. Digital advertising is becoming a less cost-effective mode of customer acquisition as already inflated costs per acquisition (CPA) continue to rise and performance sinks. Events such as recent privacy shifts at Apple, for example, caused the average cost of conversion for ecommerce marketers to surge 200 […]

Retail Asia25/11/2021
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6min0
AirAsia Group controlled by Malaysian tycoon Tony Fernandes has launched a parcel delivery service as the loss-making budget airline seeks to tap the e-commerce boom across Southeast Asia. The new service, called AirAsia Xpress, is the company’s latest venture as it expands its digital business to shore up the airline’s revenues that have been hard hit […]

Retail Asia23/11/2021
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1min0
Vietnam Airlines has launched a new e-commerce platform VNAMALL, focused on selling imported products from countries to which it operates. As many as 300 products are available starting Monday on the platform, mainly pastries, fruit and wine. The airline also sells food typically available on its flights. It also introduced Vietnam Airlines Gift Card that […]

Retail Asia19/11/2021
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3min0
China’s Alibaba forecast annual revenue to grow at its slowest pace since its 2014 stock market debut as second-quarter results missed expectations due to slowing consumption, increasing competition, and a regulatory crackdown. U.S.-listed shares of Alibaba Group Holding Ltd, which expects the fiscal year 2022 revenue to grow by 20% to 23%, tumbled 10.3% in […]

Retail Asia15/11/2021
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2min0
E-commerce platforms reported a surge in sales on Singles’ Day on Nov. 11, an annual shopping event, with the most popular items being masks and healthcare products. Tiki said revenues were up nine times from last year, and the number of buyers was double that on normal days. Face masks, products for babies and mothers, […]

Retail Asia12/11/2021
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11min0
if you want people to use your application and give you their money and information, you must provide them with speed, efficiency or time savings in exchange. The average user looks at his phone 150 times a day (and rising), but each of those interactions is growing shorter. Users perceive value when their technology interfaces […]

Retail Asia11/11/2021
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3min0
Vietnam’s Internet economy is expected to grow by 31 percent this year to $21 billion this year despite little or no contribution from the online travel market. It is set to reach $57 billion by 2025 after growing at 29 percent a year, according to the e-Conomy Southeast Asia 2021 report by Google, Temasek and […]

Retail Asia08/11/2021
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1min0
E-commerce company Tiki raised $258 million in its latest funding round as it eyes a U.S. IPO. The Series E funding round was led by AIA Insurance, and included UBS AG London Branch, Mirae Asset-Naver Asia Growth Fund, and Taiwan Mobile Co. Tiki had planned to list in the U.S. by 2025, but it now […]

Retail Asia28/10/2021
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7min0
While ecommerce has been a lifeline for many retailers over the last 18 months, the inadvertent explosion of returns has manifested itself as a major pain-point too. These days many retailers are struggling to address how to get the vast volumes of goods bought online returned either to stores, pickup-points or distribution hubs accurately, and back into your inventory […]

Retail Asia18/10/2021
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3min0
Online marketplace Carousell has acquired Ox Street, a Singapore-based marketplace for authenticated sneakers and streetwear, the company announced on Monday. It did not disclose the deal value. Founded in 2019, Ox Street is focused on making the second-hand sneaker purchase experience more seamless for Southeast Asian youth by inspecting and authenticating the sneakers before they […]

Retail Asia29/09/2021
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2min0
E-commerce coffee platform, Something’s Brewing, is planning to roll out brick-and-mortar stores across India with its first offline store set to open next month. Something’s Brewing’s first physical store will open its doors to the public in Bengaluru on October 1. The launch is part of a plan to move offline, expanding its physical presence […]

Retail Asia23/09/2021
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6min0
Inmarsat announced the launch of its innovative new OneFi customer experience platform (CXP) for airlines. The first-of-its-kind solution will serve as a catalyst to monetise inflight connectivity by bringing a host of onboard services together within a single portal interface, which passengers can easily access using their own personal devices. OneFi delivers a rich airline-branded […]


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