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Tag: marketplace

Retail Asia27/06/2019
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E-Tailing

Tokopedia expands delivery promise Same Day Delivery

2min0
Indonesian e-commerce company Tokopedia is expanding its one-day delivery guarantee to almost all of its products as it prepares to battle Amazon and other foreign rivals. Backed by Alibaba Group and SoftBank, Tokopedia’s greatest strength might lie in the fact it is a 100-per-cent Indonesian focused company, unlike its rivals – and shareholder – which […]
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Retail Asia03/06/2019
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E-Tailing

AllGoods marketplace reaches 1 million listings

3min0
AllGoods, a free marketplace for Kiwi buyers and sellers, has announced it has reached its one-millionth listing, 12 months after launching. The TradeMe competitor said it has maintained steady growth over the past few months. Its app has also become the top New Zealand shopping app since it was released late last year, it said. […]
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Retail Asia27/05/2019
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Fashion

H&M and Indian marketplaces Collaboration

1min0
Swedish fast-fashion label H&M is partnering with Indian marketplaces Jabong and Myntra to sell online. The association with the two local partners is structured to meet Indian regulations forbidding marketplaces from forming exclusive associations with brands, despite both Flipkart-owned e-commerce firms owning full online rights to eight global fashion brands. The Swedish retailer has been […]
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Retail Asia24/05/2019
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Finance

UOB Launches Comparison Website for Utilities

2min0
United Overseas Bank on Monday launched Singapore’s first online utility marketplace by a bank, as part of the Open Electricity Market initiative. United Overseas Bank (UOB)’s utility marketplace will add to an existing array of comparison websites under Singapore’s Open Electricity Market initiative by the Energy Market Authority. Featuring 10 utility providers on a single website, customers […]
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Retail Asia15/05/2019
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E-Tailing

India’s Quikr Acquires Zefo marketplace

1min0
Indian online classifieds site Quikr has bought refurbished goods marketplace Zefo, headquartered in Bangalore. The acquisition allows an exit strategy for Zefo’s current investors, including Sequoia Capital, and gives Quikr a pathway to expand and strengthen its pre-owned product range. Zefo, has a portfolio of more than 10,000 products in four cities, including Bengaluru, Mysore, […]
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Retail Asia10/05/2019
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E-Tailing

Food brands team up on Tmall in New Zealand

3min0
Some of New Zealand’s most popular food and beverage brands now have direct access to Chinese customers through a new flagship on the online marketplace, Tmall. The online flagship, which opened last week, is the result of a joint venture between Tmall Fresh and New Zealand Food Basket Ltd, a consortium of 18 food and […]
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Retail Asia30/04/2019
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Startups

Carousell raises US$56 million from Naspers

1min0
Singaporean m-commerce platform Carousell has raised US$56 million from Naspers, the parent company of the Philippines’ online marketplace OLX. As part of the deal, Carousell will also acquire OLX Philippines, with the transaction due to be completed by the second half of this year. OLX Group will own a 10 per cent stake in Carousell, […]
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Retail Asia26/03/2019
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E-Tailing

Australia’s C/MEO Collective Lifts Off on Tmall

3min0
Women’s fashion label C/MEO Collective has started selling on Chinese online marketplace Tmall. The move is part of a broader strategy of parent company Australian Fashion Labels to focus on China. “China is now really at the forefront of retail innovation and we see localisation of channels as crucial to being relevant in this market,” […]
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Retail Asia26/03/2019
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E-Tailing

MyDeal pivots to home wares deals

7min0
As the online marketplace space becomes more crowded, Melbourne-based startup MyDeal plans to shrink to greatness – when it comes to product categories, that is. Like many marketplaces, the e-commerce company founded in 2012 by Australian entrepreneur Sean Senvirtne was initially focused on growing its customer database, supplier numbers and range. In 2017, with 1000 […]
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Retail Asia26/03/2019
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Finance

Afterpay starts cross-border payments

2min1
Buy now, pay later provider Afterpay is enabling shoppers to make cross-border payments through the service, following a successful trial. The feature means that businesses that offer Afterpay at checkout will now be able to offer the payment method to customers in other countries where Afterpay is active. The feature is initially limited to Australian […]
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Retail Asia19/03/2019
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E-Tailing

Kogan looks to cash in on marketplaces

4min0
Online retailer Kogan.com announced the launch of Kogan Marketplace on Thursday, calling it a “win-win” for customers and businesses. The marketplace currently offers more than 100,000 products from brands such as Microsoft, Breville, Lego, Fisher-Price, Paw Patrol, SodaStream, Gillette, Gucci and Philips. That number is set to grow after today, when brands can apply to […]
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Retail Asia14/03/2019
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Startups

V-MORE Enters Thailand’s E-Commerce Market With More Than 500 Marketplace Platforms and Merchants

3min0
 V-MORE, Asia’s leading e-commerce supply chain management platform, has announced its plans to expand into Thailand. Over the pasts 12 months, the fast-growing one-stop e-commerce platform which has already garnered 500,000 users in the region.  V-MORE aims to recruit new Thai e-commerce merchants as part of its expansion strategy and has rolled out onboarding programs for […]
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Retail Asia11/03/2019
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Finance

Trade Me valued below bid offer

3min0
Online marketplace Trade Me has seen its shares independently valued at between $5.93 to $6.39 per share, below the standing offer of $6.45 per share made by Titan to acquire the business in December 2018. Titan, which is owned by private equity fund Apax Partners, proposed to acquire 100 per cent of Trade Me shares […]
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Retail Asia08/03/2019
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Finance

HKT Payment adds marketplace to mobile wallet

2min0
HKT Payment has launched a new virtual store within its Tap & Go mobile wallet to allow customers to purchase online game virtual gift cards. The new Tap & Go Marketplace will offer a wide range of gift cards including Google Pay Gift Codes, PlayStation Network, Xbox and hvmod cards. Once payment is complete, a PIN […]
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Retail Asia07/03/2019
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Food

Coles starts selling food on eBay

4min0
Coles on Wednesday started selling a range of ‘everyday essentials’ on eBay, in a bid to reach some of the marketplace’s 11 million unique monthly visitors. The offering includes perishable and non-perishable items in Coles’ everyday essentials range across several categories, including select pre-packaged fresh food, pantry, personal care and household items. The items at […]
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Retail Asia10/01/2019
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Fashion

Storefront opens in Korea

3min0
Storefront, the world’s largest online marketplace for short-term retail space, has officially launched in Seoul. Retail vacancy rates in Korea are on the rise due to a prolonged recession, and more brands are diverting their interests from traditional retail to offer a quality experience to customers in the form of pop-up stores and short-term leases. […]
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