Tag: etail

Retail Asia03/03/2021
Lazada-Singapore-x-FJ-Benjamin-MOU-Signing_2.jpg
6min0
FJ Benjamin Holdings (FJB) and leading eCommerce platform, Lazada Singapore, today signed a Memorandum of Understanding (MOU) to forge a strategic partnership that aims to deliver the ultimate retail experience to customers across all channels and devices. The proposed partnership will tap Lazada’s technical and online capabilities, and eCommerce platform management expertise, and leverage FJB’s […]

Retail Asia23/02/2021
Amazon-India-1024x683.jpeg
1min0
Global e-commerce marketplace Amazon has bought up Sydney-based e-commerce platform Selz. The platform works in much the way as Shopify, providing an e-commerce-ready backend for small businesses to utilize when creating their websites. “We have signed an agreement to be acquired by Amazon and are looking forward to working with them as we continue to […]

Retail Asia22/02/2021
amazon.jpg
5min0
India’s federal financial crime-fighting agency will examine findings in a Reuters report, which revealed that Amazon.com Inc has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country’s foreign investment rules, a senior agency source told Reuters on Thursday. It provided an inside […]

Retail Asia22/02/2021
Vietnam-Ecommerce-1280x853.jpg
3min0
Vietnam has jumped three places to 63rd in the latest global e-commerce readiness ranking, faring better than several regional peers, a UN report says. With a score of 61.6 points on a scale of 100, Vietnam did much better than Indonesia (83rd), the Philippines (96th), Laos (101st), Cambodia (117th) and Myanmar (130th), according to the […]

Retail Asia16/02/2021
loreal-1024x576.jpg
3min0
Beauty giant L’Oréal, besides posting financial results that beat expectations, is offering high-level optimism, promising a resurgence in sales and a new “Roaring ’20s.” “Like a flower after winter, beauty is ready to blossom after COVID goes away,” says Nicolas Hieronimus, the Paris-based conglomerate’s incoming chief executive officer, in a webcast for investors. Adding that […]

Retail Asia16/02/2021
amazon.png
1min0
Textile company Gilimex said its net profits almost doubled in 2020 thanks to a number of high-value contracts with international retailers. It reported record revenues of VND3.45 trillion ($150 million), up 36 percent from 2019, and net profits of VND308 billion for the year. Gilimex’s main products are handbags and backpacks. It tied up with […]

Retail Asia11/02/2021
Baozun-1280x963.jpg
5min0
Baozun, the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that it has entered into a share purchase agreement with all the shareholders of Full Jet Limited (“Full Jet”), to acquire a 100% equity interest in Full Jet. The acquisition is subject to customary closing conditions and […]

Retail Asia01/02/2021
amazon-1024x635.jpg
7min0
Amazon announced today at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced that it is extending the waiver of professional selling account subscription fees for new and existing sellers, until 30 […]

Retail Asia29/01/2021
fashion-ecommerce-1280x853.jpg
1min0
Vietnam’s e-commerce market expanded by 18 percent last year to $11.8 billion, the only country in Southeast Asia to record double-digit growth amid the Covid-19 pandemic. Besides, payment services were strengthened and the largest companies in the manufacturing sector incorporated e-commerce into their long-term strategies, according to a recent report by the Vietnam e-Commerce and […]

Retail Asia28/01/2021
ecommerce-delivery-1-1024x682.jpg
1min0
Vietnam’s e-commerce market expanded by 18 percent last year to $11.8 billion, the only country in Southeast Asia to record double-digit growth amid the Covid-19 pandemic. Besides, payment services were strengthened and the largest companies in the manufacturing sector incorporated e-commerce into their long-term strategies, according to a recent report by the Vietnam e-Commerce and […]

Retail Asia25/01/2021
Ebayb-Marketplace-1280x720.jpg
1min0
Global e-commerce business eBay is reportedly selling off its Korean businesses G-Market, Auction, and G9, in a deal worth $4.5 billion (5 trillion won). eBay is exploring a number of “strategic alternatives” for its Korean business and is looking for options that will maximize value for shareholders and create growth for the wider business. “From […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X