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Tag: Etailer

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 Asia15/03/2021
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E-Tailing

JD.com cashes in on steady online demand, beats market expectations

3min0
JD.com Inc’s fourth-quarter revenue beat expectations on Thursday as more shoppers flocked to its website on the back of a broader shift to online shopping triggered by the COVID-19 pandemic. While China has largely emerged from coronavirus lockdowns with most businesses resuming production, JD.com’s domestic consumers continue to shop online for everything from daily groceries […]
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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 Asia24/09/2020
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E-Tailing

Amazon Prime Day 2020 finally has a start date

2min0
Everything was delayed due to the COVID-19 pandemic this year, including Amazon’s huge sale known as Prime Day. Typically, Amazon Prime Day takes place in July, but this year, due to obvious reasons, the sale was reportedly delayed for October. The initial reports dated early July claimed Amazon Prime Day will be scheduled for the week starting […]
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Retail Asia12/03/2020
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E-Tailing

Ikea online E-commerce store opens on Tmall

2min0
Ikea has launched a flagship store on Alibaba’s marketplace Tmall, the first third-party platform the brand has partnered within Asia, and after leaving Amazon last year. Initially, with a six-month trial across the Chinese provinces of Jiangsu, Zhejiang and Anhui, and the city of Shanghai, the Ikea online flagship store features more than 3600 products. […]
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Retail Asia18/02/2020
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E-Tailing

Japanese shopping service Nippon Passport secures funding

2min0
Nippon Passport has raised ¥200 million (US$1.82 million) in pre-series A funding, led by private investors and business companies through a third-party allotment. In response to the Japanese government’s target to attract 60 million foreign tourists annually by 2030, the firm has launched its “NP Pass” service, driving foreign visitors through affiliate shops for a […]
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Retail Asia03/12/2019
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E-Tailing

Amazon opens on Pinduoduo pop up store

1min0
Global online retailer Amazon is set to launch a Pinduoduo pop-up store. According to reporting in Reuters, the Pinduoduo pop-up store will run until the end of the year with around 1000 selected overseas products. Amazon recently closed its Chinese marketplace for domestic sellers and is shifting focus to products sold in the Chinese market […]
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Retail Asia31/10/2019
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E-Tailing

Alibaba launches 2019 11.11 Global Shopping Festival

5min0
Alibaba Group has launched its 2019 11.11 Global Shopping Festival, taking the annual event into its second decade. The shopping holiday this year focused on “new consumption,” “new business” and actively contributing to a greener society. “Our goal is to stimulate consumption demand and support lifestyle upgrade in China through new brands and products,” said […]
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Retail Asia09/09/2019
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E-Tailing

Shopee app Singapore’s most downloaded

1min0
The Shopee app has emerged as Singapore’s most downloaded shopping app. The Sea company platform had 2.8 million visitors per month on average during the second quarter, with an 11 percent increase compared to the previous quarter. It is currently the most-used app of its kind throughout the whole of Southeast Asia, while rival firm […]
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Retail Asia27/06/2019
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E-Tailing

Amazon Fashion drops first influencer collection

3min0
Amazon Fashion has just released the first collection from an influencer as part of its new shopping experience, The Drop. For the next 30 hours, customers will be able to purchase pieces made on-demand from the collection designed by influencer Paola Alberdi via the Amazon app or mobile browser. The Drop collections are available in […]
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Retail Asia07/06/2019
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E-Tailing

Alibaba buys into furniture chain Macalline

1min0
Alibaba has invested US$640 million in Red Star Macalline Group, the largest furniture retail chain in China. Signalling a renewed interest in the home improvement business, Alibaba made the investment in the form of convertible bonds issued by Macalline’s controlling shareholder. The transaction will see Alibaba taking a 10 per cent shareholding of Macalline’s Shanghai […]
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Retail Asia05/06/2019
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E-Tailing

Suning invests in Jack Ma-backed retail Fund

1min0
Chinese retailer Suning has invested US$129 million into Jack Ma-backed Yunfeng Capital’s third fund. The funding represents 61.41 per cent of a committed $210 million to the private equity firm, which is set to raise $2.5 billion and has so far received commitments from 51 limited partners (LPs). The company stated that the funding will […]
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Retail Asia09/05/2019
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E-Tailing

South Korean E-Commerce Under Pressure

3min0
Mounting losses in the South Korean e-commerce industry are calling local business models into question. Competitive pricing and fast delivery capacities have made the industry an ascendant phenomenon in the territory, with the purchase of a whole spectrum of consumables now possible via mobile phone. The industry hit a record high of KRW111.8 trillion (US$98.4 […]
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Retail Asia26/04/2019
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E-Tailing

Walmart Hires robots to handle cleaning and unboxing

3min0
US retailer Walmart is adding thousands of robots to its stores to handle cleaning tasks, allowing workers more time to help customers. Walmart said by February 2019, it will have introduced the 920-pound autonomous floor scrubbers at 1,860 of its 4,700 US stores. The robots will clean the floors and unload boxes in its stockrooms. The “smart assistants” […]
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Retail Asia17/04/2019
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E-Tailing

Walmart partners with Google for voice shopping

4min0
US retail giant Walmart and tech company Google have collaborated on voice technology to assist customers with grocery shopping. Starting this month, Walmart Voice Order will allow consumers to order groceries through Google Assistant by saying, “Hey Google, talk to Walmart”.  Google Assistant will then follow the orders directly and add grocery items to their Walmart […]
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Retail Asia18/04/2018
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E-Tailing

Meilishuo on the search for IPO in New York

1min0
Online fashion retailer Meilishuo, backed by Tencent Holdings, is seeking an IPO in the US that could value the start-up at about US$4 billion. Many tech corporations in China opt for New York for their debut listings as it offers a wide investor base and higher international profile. Meilishuo is reported to be talking with […]
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Retail Asia03/04/2018
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Fashion

Lingerie e-tailer Adore Me expands offline

1min0
Lingerie e-tailer Adore Me says it plans to open between 200 and 300 stores during the next five years. The company will make its brick-and-mortar debut in New York City within the next few months, followed by up to 10 locations this calendar year and another 20 next year to gauge foot traffic in different […]
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Retail Asia12/12/2017
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Logistics

DHL ecommerce to launch its Indian operations

4min0
Mail and logistics group Deutsche Post DHL (DPDHL) is expanding its dedicated e-commerce logistics service- DHL e-commerce- in India. The company has been testing e-commerce logistics business in India through its Indian subsidiary Blue Dart Express since 2014. The publication reports that Germany-headquartered DHL eCommerce has hired former Reliance Jio marketing head Neeraj Bansal and will be roping in more senior executives to […]
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Retail Asia03/10/2017
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E-Tailing

Amazon Global Selling to take Korean products everywhere

4min0
Amazon has revealed plans to help South Korean sellers make international sales via its Amazon Global Selling program. Amazon laid out its plans during its first press conference in South Korea dubbed the ‘Global Selling Conference’, which was held at COEX this week. The international shopping giant discussed its global selling service, ‘Amazon Global Selling,’ […]
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