online grocery

Retail Asia07/02/2019

With consumers being increasingly preferring digital channels for their purchases, the online grocery space is likely to witness traction, according to market research firm Nielsen. Grocery is definitely going to start seeing traction as e-commerce picks up, Nielsen Executive Director Ajay Macaden said at the India Food Forum here. He, however, did not quantify the size of online […]

Retail Asia04/02/2019

Lazada Group has announced plans to ramp up its supermarket business in Southeast Asia as part of its strategy to become the region’s biggest e-commerce ecosystem. The supermarket transformation is being started off in Singapore, as homegrown online grocer RedMart is integrated into the Lazada platform on March 15 following its acquisition in 2016. Following […]

Retail Asia31/01/2019

Grofers, the low price online supermarket, announced the record revenue of Rs 310 crore in January 2019. With this, Grofers became the first online grocer to cross Rs 300 crore in monthly sales and also became the largest e-grocery company in the fast growing space. Aligned with its aim to drive the next wave of growth for […]

Retail Asia03/01/2019

SoftBank-backed Grofers aims to garner $2.5 billion (approximately Rs 17,500 crore) in revenue by 2020 as it scales up its private label offerings in the country and focusses on expanding repeat purchases in its platform. The company, which has recently completed five years of its operations, has a revenue run rate of $360 million (about Rs 2,500 […]

Retail Asia03/01/2019

Nearly a year-and-a-half after Amazon acquired Whole Foods for approximately US US $13.5 billion, things are about to start changing. Amazon is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, The Wall Street Journal reported this week. The report says Amazon has been scouting locations for bigger […]

Retail Asia26/11/2018

Walmart China has begun testing same-day grocery delivery in its Xiangmihu store. The new Walmart To Go service is available within a WeChat mini-program, following Walmart’s partnership with online social networking provider Tencent earlier this year. It is currently undergoing trial with future rollout pending feedback from customers who opt in to the service. Those […]

Retail Asia22/11/2018

Chinese retail giant Alibaba-backed online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 percent of its projected revenue to come in from its private labels, a top company official has said. “Private labels are around 34 per cent of our business now and we plan to scale […]

Retail Asia16/11/2018

Chinese consumers are quickly adapting to buying groceries online for immediate delivery from local offline stores, according to a new joint study conducted by JD, Walmart, Tencent and JD Daojia. In China, where over 15% of consumption takes place online, compared to just 9% in the US, consumers have been faster to embrace online grocery shopping. Over […]

Retail Asia05/11/2018

Japanese online retail company Rakuten is partnering with Walmart-owned supermarket Seiyu to launch an online grocery service. Spokespeople from the companies say about 20,000 products will be available on the site, drawn from the Seiyu range, including fresh food. Orders will be fulfilled from stores, restricting the service – for now – to about 16 […]

Retail Asia22/10/2018

Online grocery service Honestbee has opened a retail space which merges cashless grocery store with a restaurant and a testbed for new retail technologies. Habitat by Honestbee in Pasir Panjang is billed as “the world’s first tech-integrated multi-sensory grocery and dining destination of its kind”. While Chinese online behemoth Alibaba may well challenge that claim, […]

Retail Asia24/09/2018

Chinese e-commerce giant JD has initiated a grocery delivery service at Commuter Line train stations in the Greater Jakarta area. The new online retail store, JDVirtual, allows customers to use QR codes to purchase groceries to be delivered to their homes. The store sells food, beverages, and other grocery products found in conventional retail outlets. […]

Retail Asia06/06/2018

BGF, owner of Korean c-store chain CU, has boosted its stake in online grocery business Hello Nature. Founded in 2012, Hello Nature offers compact packaged-grocery deliveries. It was bought by SK Planet in 2016. Its sales reached US$9 million last year. Investing 30 billion won (US$28 million) for a controlling 50.1 per cent stake, BGF […]

Retail Asia05/08/2015

Tmall.com, China’s largest business-to-consume platform and a unit of Alibaba Group, said on Friday that it has launched a CNY1 billion (USD161 million) online grocery promotional campaign targeted at Beijing users, and teamed up with Cainiao, the logistics affiliate of Alibaba Group, to offer same-day delivery services to Beijing city residents. Online grocery shopping is […]

Tag: online grocery

Online grocery space likely to witness traction: Nielsen

Lazada to ramp up Southeast Asian grocery offering

Grofers crosses Rs 300 cr sales in single month

Grofers eyes $2.5 billion in revenue by 2020

Amazon to expand Whole Foods, open more stores

Walmart China tests same-day delivery from Dada

BigBasket India eyes 40 pc revenue from private labels next fiscal

What is the hot new “Boundaryless Retail” trend?

Rakuten and Seiyu to partner in online grocery service

Honestbee risk losses with new experimental offerings

JD launches online shopping service in Indonesia

BGF Retail outlines KRW30bn online investment

Tmall.com promotes same-day grocery delivery in China