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Tag: etail

Retail Asia06/12/2021
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E-Tailing

Alibaba overhauls e-commerce businesses, appoints new CFO

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 […]
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Retail Asia25/11/2021
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General

Malaysian Tycoon Tony Fernandes’ AirAsia Launches Parcel Delivery Service To Tap E-Commerce Boom

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 […]
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Retail Asia23/11/2021
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General

Vietnam Airlines launches e-commerce platform

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 […]
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Retail Asia19/11/2021
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E-Tailing

Alibaba expects slowest annual growth in eight years

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 […]
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Retail Asia15/11/2021
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E-Tailing

E-commerce sites report jump in 11/11 sales

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, […]
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Retail Asia12/11/2021
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E-Tailing

Amazon and the pros of getting personal

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 […]
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Retail Asia11/11/2021
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E-Tailing

Vietnam Internet economy to expand 31 pct

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 […]
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Retail Asia28/10/2021
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Research

Profitability, customer experience & environmentalism: Streamline ecommerce returns

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 […]
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Retail Asia18/10/2021
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E-Tailing

Carousell snaps up sneaker marketplace Ox Street

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 […]
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Retail Asia29/09/2021
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Food

Indian coffee platform to launch brick and mortal network

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 […]
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Retail Asia23/09/2021
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Telecom

Inmarsat launches new customer experience platform for airlines to monetise inflight connectivity

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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Retail Asia16/09/2021
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E-Tailing

Carousell Group raises US$100 million for SEA rollout

6min0
Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine the classifieds experience with a focus on convenience and trust, to make secondhand the first choice. This round of funding, led by STIC Investments, […]
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Retail Asia09/09/2021
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Food

Woolies sells stake in Marley Spoon

2min0
“Marley Spoon experienced strong growth over the term of W23‘s investment and has matured into an established listed company, and no longer fits squarely within the investment criteria of W23,” a Woolworths spokesperson said. “Woolworths Group and Marley Spoon remain committed to the continuing five-year strategic growth alliance that covers marketing support and customer origination […]
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Retail Asia08/09/2021
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E-Tailing

Shopee launching platform in Poland

1min0
Sea Ltd’s Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters. The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region. Shopee is simultaneously preparing […]
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