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Tag: etail

Retail Asia05/01/2021
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E-Tailing

Jack Ma went missing?

8min0
Once the poster boy for a new generation of multi-billionaire Chinese business and tech leaders, Alibaba founder Jack Ma’s fortunes have taken a serious dip in the last three months. Since a controversial speech in China in October 2020, where he lamented the country’s financial regulatory system and called for it to be reformed, the billionaire has been […]
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Retail Asia05/01/2021
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Startups

Gojek Plans Merger With E-Commerce Giant

2min0
The Indonesia-headquartered super-app is reportedly in advanced merger talks with local e-commerce marketplace Tokopedia, ahead of a planned initial public offering of the combined entity. Indonesia’s two most valuable start-ups have signed a detailed term sheet to conduct due diligence of each others’ business, a «Bloomberg» report on Tuesday said. The deal would create an internet […]
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Retail Asia23/12/2020
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E-Tailing

Delhi High Court rejects Amazon challenge to $3.4 billion Reliance deal

7min0
The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a Single Judge Bench of Justice Mukta Gupta in the suit by Future Retail Ltd after an Emergency Arbitrator of the Singapore International Arbitration […]
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Retail Asia15/12/2020
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E-Tailing

How shoppertainment powers the growth of AliExpress

11min0
AliExpress is Alibaba’s cross-border e-commerce platform, which facilitates trade and brings sellers and buyers together. AliExpress does not sell directly, but provides a platform for safe transactions between sellers and buyers. AliExpress was founded in 2010, and is today one of the top cross-border B2C platforms. AliExpress is available in more than 200 countries and regions, and […]
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Retail Asia10/12/2020
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E-Tailing

Amazon has over 100,000 Vietnamese sellers

3min0
Over 100,000 Vietnamese sellers have successfully debuted on Amazon, with fashion and household goods being some of their best-selling products. Gijae Seong, head of Amazon Global Selling Vietnam, said amid the Covid-19 pandemic, sellers have been focusing on products with high demand such as kitchenware, sports gear and house decoration items. The world’s largest e-commerce […]
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Retail Asia18/11/2020
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E-Tailing

JD revenue soars with post-Covid online sales boom

2min0
Chinese e-commerce company JD.com Inc posted a better-than-expected quarterly profit on Monday as online sales remained strong even after coronavirus-led restrictions were lifted in the world’s second-largest economy. The Beijing-based company, which recorded growth across a wide range of product lines, joined competitors Pinduoduo and Alibaba Group in racking up double-digit growth as China’s economy […]
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Retail Asia16/11/2020
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E-Tailing

Pinduoduo sales beat expectations

6min0
Pinduoduo, China’s largest e-commerce platform for agricultural products, has expanded its online grocery ordering service to most provinces since introducing it in the cities of Wuhan and Nanchang in August. Duo Duo Maicai, as the grocery feature is called, was introduced in response to the surging demand for buying groceries online following the onset of […]
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Retail Asia09/11/2020
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E-Tailing

Alibaba E-commerce sales sky high

2min0
Alibaba Group beat third-quarter revenue estimates, driven by e-commerce growth after China emerged from coronavirus lockdowns, and said it was assessing the suspension of its affiliate Ant Group’s listing. China’s surprise suspension of Ant Group’s planned $37 billion Shanghai initial public offering (IPO) was seen by some analysts and investors as an attempt by Beijing […]
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Retail Asia06/11/2020
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Living

Tax evasion remains rife among online sellers

4min0
Many people earning huge incomes from online commercial activities do not pay tax until discovered by tax authorities. There were more than 1,100 individuals working as a software and online game developers in the capital, a study done by the Hanoi Department of Taxation in June found. They earned a combined VND4.8 trillion ($206 million) […]
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Retail Asia03/11/2020
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E-Tailing

Bukalapak Establishes Strategic Partnership with Microsoft to Enhance Indonesian E-commerce

4min0
Microsoft and Bukalapak, one of Indonesia’s leading e-commerce platforms, have formed a strategic partnership to reshape how e-commerce is conducted in the country. Kicking off the collaboration between the two companies, Bukalapak will adopt Microsoft Azure as its preferred cloud platform and Microsoft will make a strategic investment in Bukalapak. The partnership will leverage Microsoft’s […]
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Retail Asia14/10/2020
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E-Tailing

Manhattan Associates rolls out new eCommerce solution for global clothing company during COVID-19 lockdown

5min0
As COVID-19 swept its way across the globe, and many countries were forced into lockdown, businesses that were undergoing large-scale projects were subject to the challenge of no longer being able to operate under usual conditions. However, despite being caught in the grips of a global pandemic, Manhattan Associates’ was able to deliver its (WMS) […]
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Retail Asia06/10/2020
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Fashion

H&M launches E-commerce initiative on Zalora Philippines

4min0
Global Fashion Group (GFG), the leading online fashion & lifestyle destination in growth markets announces the launch of a two-month partnership between H&M and ZALORA Philippines.  ZALORA is the first e-commerce platform H&M has worked within the region. The two-month partnership with global fashion brand, H&M will be available from 1 October to 30 November […]
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Retail Asia30/09/2020
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E-Tailing

Amazon reveals Singapore date for Prime Day

3min0
After a delay of a few months, Amazon has officially confirmed when its Prime Day shopping event is taking place. Amazon Prime Day 2020 will, once again, actually run for two days. Following a postponement from the usual mid-July period, the first discounts will launch at 00:01 on Tuesday, October 13, with offers running until 23:59 on Wednesday, October 14. It’s been confirmed that Prime […]
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Retail Asia24/09/2020
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E-Tailing

Shopify data stolen by its own employees

2min0
Shopify has seen customer data stolen by “rogue” employees, the e-commerce provider announced. Two members of Shopify’s support team were engaged in a scheme to obtain customer transactional records of certain merchants – less than 200, according to Shopify. Once the business became aware of the scheme the team members’ access was immediately terminated, and […]
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