Tag: etailers

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 Asia16/06/2021
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6min0
South Korean retail giants Lotte Shopping and Shinsegae Group have submitted separate letters of intent for online marketplace eBay Korea, the retailers’ spokesmen confirmed on Monday. It is a deal that will almost certainly shake up the country’s e-commerce retail segment, potentially propelling one of the country’s largest retailers into becoming the leading omnichannel operator in […]

Retail Asia03/11/2020
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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 […]

Retail Asia02/06/2020
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2min0
Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application. Subsidiary Flipkart FarmerMart had applied to sell foodstuffs grown or manufactured in India online via its marketplace and on apps. However the company was told by the Department for Promotion of Industry […]

Retail Asia27/03/2020
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2min0
E-commerce platform JD has helped boost bookstore sales in China during the coronavirus outbreak. Last month, sales of two children’s bookstores – Caldecott Bookstore and Zhongshang Children’s Books – increased by 221.6 percent and 282 percent respectively, year on year. According to JD, the increased bookstore sales in China are attributed to consumers staying home […]

Retail Asia20/02/2020
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3min0
South Korea’s e-commerce industry, which has long emphasized “fast delivery,” is expanding its services, with competition now turning to offerZ “easy returns”. South Korea’s major shopping portal 11st said Monday that it has introduced a service to offset return costs caused by customers exchanging products, in which an insurance company pays for shipping when consumers […]

Retail Asia02/10/2019
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11min0
In Singapore, more and more people are connected to the Internet and the number of online shoppers follows the same trend. Back in 2014, Visa stated that approximately 26% of Singaporeans used to shop online on weekly basis and recent surveys from Hootsuite and We Are Social show that 89% are searching online for a […]

Retail Asia09/09/2019
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3min0
Alibaba Group’s B2C platform Tmall has announced its lineup of designers that will hit the runway at New York Fashion Week this September. In addition to the runway shows, Tmall will host a pop-up exhibition featuring cross-over collaborations riding the “China Cool” trend. Featured brand collaborations will include Chinese confectionery company Hsu Fu Chi and […]

Retail Asia08/08/2019
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3min0
Alibaba has opened its platform to enable US businesses to sell their products to millions of Alibaba.com buyers in the US and around the globe. The nearly 30 million small and medium-sized businesses in the US – especially manufacturers, wholesalers, and distributors – can now better access the US$23.9 trillion global B2B e-commerce market, an […]

Retail Asia30/07/2019
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3min0
Amazon is expanding its successful anti-counterfeiting program to more countries. Transparency is now available to sellers and customers in France, Germany, Italy, Spain, the UK, India and Canada, the e-commerce giant announced on Wednesday. Previously it only operated within the US. Online marketplaces are rife with counterfeit products sold cheaper than the genuine product, though […]

Retail Asia25/06/2019
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2min0
Online retail sales fell 3.8 per cent month on month in April, after a less than stellar March, according to the National Australia Bank’s monthly Online Retail Sales Index. The result is consistent with a general slowdown in retail observed by NAB, while the result itself is up 1.7 per cent on a year on year […]

Retail Asia07/06/2019
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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 […]

Retail Asia29/05/2019
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2min0
Chinese online marketplace JD.com has closed its local branch after only 15 months in the market. The e-commerce giant launched its Australian office in Melbourne in February 2018, after its competitor Alibaba opened an office in Melbourne in 2017. At the time, the opening was seen as a way for JD.com to work more closely with […]

Retail Asia29/05/2019
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7min0
More than 80% of the purchasing decision depends on price. Especially in the ultra-fast e-commerce arena where businesses showcase and change their prices every 3 to 6 hours. But before changing prices out of the blue you must know that there are certain conditions to do that. Decrease your prices to very low and you’ll […]

Retail Asia21/05/2019
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2min0
Ebay Singapore and the Institute of Retail Studies have partnered in an e-commerce training program. Called “Let’s Ebay with SIRS”, the full-day workshop aims to help aspiring entrepreneurs kickstart their e-commerce business and connect with the global marketplace of active buyers. The program was designed for small businesses and entrepreneurs who have little or no […]


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