Tag: etailing

Retail Asia05/07/2017
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3min0
Over 85% of consumers in Singapore, Malaysia and Indonesia, who mention e-retailer brand names in their social media posts don’t tag brand handles, according to Digimind. This means brands need to be vigilant in monitoring their brand reputation in the wider social media space to ensure they aren’t missing out on key conversations and trends, […]

Retail Asia05/07/2017
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7min0
Jack Ma, the man who turned Alibaba into China’s dominant e-commerce platform, now has his sights set on global domination. Over the past year, Ma met business leaders and head of states in many countries to introduce his grand vision: small businesses from all corners of the world trading freely and securely on Alibaba’s platform. His goals are […]

Retail Asia22/03/2017
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3min0
Cross-border e-commerce is now the fastest growing segment in the retail market, according to a report published by DHL Express. Cross-border sales volumes are predicted to increase at an annual average rate of 25% – from $300 billion to $900 billion – between 2015 and 2020. This is twice the pace of domestic e-commerce growth, […]

Retail Asia14/02/2017
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2min0
FedEx will expand its global e-commerce business in an effort to compete for the growing number of packages shipped to consumers from China and Japan, executives said Monday. The company, which in 2014 acquired Bongo International, a company that helps shoppers purchase goods from foreign retailers by automatically adjusting currencies, and customs and shipping costs, by […]

Retail Asia20/11/2016
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7min
The world’s largest and most populous continent, Asia is made up of 48 countries and spans 44,579,000 square kilometres. With a widely diverse population of 5.096 billion people, the continent’s rich historical background offers a wealth of opportunities to explore, from the untouched steppes of Central Asia to the bustling economic centres of China and […]

Retail Asia14/11/2016
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3min0
Alibaba Group Holding Ltd.’s Singles’ Day shopping festival (now known as the 11.11 Global Shopping Festival) broke sales record this year with a reported 120.7 billion yuan ($17.79 billion) in gross merchandise volume in just 24 hours. The figure represents a 32% jump over last year’s 91.2 billion yuan ($14.3 billion) in transactions over Alibaba’s […]

Retail Asia11/11/2016
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2min0
More than half (55%) of consumers globally have decided against buying something online due to privacy concerns, a recent KPMG International survey indicates. The survey also revealed that less than 10% of consumers feel they have control over the way organizations handle and use their personal data. Respondents in most countries say privacy controls are […]

Retail Asia11/11/2016
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5min0
With other Southeast Asian countries already having prepared the ground for the digital economy to prosper, the Indonesian government has finally taken the initiative to spur the growth of e-commerce within its own boarders. Announced on Thursday evening, the 14th economic policy package will tackle eight issues that could determine the success of President Joko […]

Retail Asia10/07/2016
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2min0
The new regulation implies that those individuals and companies that generate revenue and profit through online retailing (including sales through Facebook or Instagram pages) are required to report their income and fulfill their tax obligations. In general, a corporate income tax rate of 25 percent applies in Indonesia. Small and medium-enterprises with an annual turnover […]

Retail Asia08/07/2016
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2min0
PT Matahari Putra Prima, a multi-format modern retailer in Indonesia, which operates Hypermart, Smartclub, Foodmart, Boston and FMX, today announced that its Board of Directors has authorized an additional share purchase option of MatahariMall.com for Rp12,065 per share in all cash transaction valued at Rp99.8 billion. The Company’s total shares have raised to 15,728,152 or […]

Retail Asia10/05/2016
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2min0
Trade Minister Thomas Lembong asked Indonesia e-commerce companies to be careful in assessing risks posed by the e-commerce business. “What would happen if the funding stopped? In the United States, tech business boom has started to decline,” Thomas said at the Indonesia E-commerce Summit & Expo in BSD, South Tangerang, on Wednesday, April 27, 2016. […]

Retail Asia10/05/2016
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6min0
KinerjaPay, today announced that it established its new wholly-owned subsidiary, PT Kinerja Pay Indonesia, with offices located in Jakarta city, Indonesia. The new Subsidiairy was organized under Indonesian Incorporation Law Article No.34, dated 14 April 2016, and Principal License from Indonesia Investment Coordinating Board (BKPM) No.909/1/IP/PMA/2016 dated 06 April 2016. The Company has also appointed […]


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