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Tag: online shopping

Retail Asia24/01/2019
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E-Tailing

Myntra India taps 9,000 kirana stores to boost last-mile delivery

3min0
Flipkart-owned ecommerce platform Myntra that saw 80 percent revenue fall in FY2018 has doubled down on last-mile delivery, tapping into over 9,000 kirana stores across 50 cities to fast deliver packages. Today, nearly 60 percent of all Myntra’s product pick-ups and deliveries happen through its ‘Kirana Delivery Programme’ — helping the company reduce delivery costs, the company […]
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Retail Asia24/01/2019
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E-Tailing

India’s Reliance to take on Walmart and Amazon online

1min0
South Asia’s richest man Mukesh Ambani is establishing an e-commerce platform to compete with Walmart and Amazon in India. The Reliance Industries chairman will roll out services in Gujarat before extending them nationwide. “Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 1.2 million small retailers and shopkeepers […]
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Retail Asia24/01/2019
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E-Tailing

Trends that coming in 2019 e-commerce

6min0
Led by transformation in sales channels and customer demand, consumer trends for 2019 will center on subscription e-commerce, faster delivery, and eco-packaging, according to market experts. Subscription e-commerce, a field of business that involves curating products and delivering them on a regular basis, has been gaining popularity because it meets needs for tailored services, value, […]
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Retail Asia22/01/2019
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E-Tailing

Flipkart secures more funding to face competition

1min0
Indian e-commerce firm Flipkart has received US$201 million funding for its wholesale business from its Singapore-incorporated parent. The investment comes during a period of intensifying competition between the firm and its Amazon-backed competitor in a market estimated to be worth $18 billion. It signals a prioritising of sales growth by the retailer since its acquisition […]
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Retail Asia21/01/2019
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E-Tailing

Central Retail to double online after Shopee acquisition

3min0
Central Retail Corporation has announced plans to to double its online sales to THB10 billion (US$315.76 million) this year. Central’s CEO Nicolo Galante said the firm intends to lead in the omni-channel e-commerce business, overtaking Shopee. “Non-food businesses globally have been disrupted by digital transformation and are struggling against the likes of Amazon and Alibaba. […]
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Retail Asia18/01/2019
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Finance

Indonesia to put tax on e-commerce transaction

3min0
The Ministry of Finance said on Monday that it will impose new rules requiring e-commerce sellers to share data with the authorities, while also stressing that they must pay taxes. Surging smartphone use and a rising middle-class income in Indonesia, home to 260 million people, has made its e-commerce industry a battleground for foreign investors. […]
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Retail Asia18/01/2019
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E-Tailing

Strawberrynet celebrate its 20th anniversary

2min0
Hong Kong online beauty pioneer Strawberrynet is celebrating its 20th anniversary. Since its launch in 1998, the e-commerce retailer has expanded to sell to more than 200 markets in 38 languages, with 24-seven pick and pack and customer services. The strawberrynet.com site carries more than 800 established international brands from Europe, the US, Japan and […]
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Retail Asia17/01/2019
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E-Tailing

Amazon offers Vietnamese products route to global market

3min0
Amazon is collaborating with Vietnam’s trade ministry to sell the country’s products on its system globally. Vu Ba Phu, director of the Ministry of Industry and Trade’s Trade Promotion Agency, said while announcing news of the collaboration that the U.S. e-commerce company would help especially small and medium-sized enterprises (SMEs) develop their brands on its […]
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Retail Asia17/01/2019
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Fashion

Richemont Group sales soars after YNAP acquisitions

4min1
Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1, respectively. But even excluding that, the sales growth was still strong at 5 per cent […]
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Retail Asia17/01/2019
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Living

Walmart China to boost offline, online integration

1min0
Walmart China has pledged to further its online/offline integration strategy with increased focus on fresh food distribution, private brands and membership services. The firm’s president and CEO Tan Wern-Yuen said the business will focus on “consolidating its upstream resources and to further improve product quality”. The firm is set to invest more than RMB700 million […]
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Retail Asia16/01/2019
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E-Tailing

Sunshine department store Penang goes online via Shopee

1min0
Penang department store Sunshine has launched on online shopping platform Shopee with expectations of doubling its income. According to Sunshine’s CEO Cynthia Hwang, the move to list initially 1500 products, as well as the brand’s in-house fashion label Iloveasap, on the platform would target 16 million users throughout the country while leveraging Shopee’s free shipping […]
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Retail Asia16/01/2019
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E-Tailing

Ananth Narayanan steps down as Myntra Jabong CEO

3min0
Fashion e-tailer Myntra Monday said its CEO Ananth Narayanan has quit, a development that ends months of speculation about his exit following a recent re-jig at its parent group Flipkart. In a statement, Myntra said Narayanan has decided to step down as CEO of Myntra and Jabongto pursue external opportunities. Amar Nagaram has been named as Head, Myntra and Jabong, and […]
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Retail Asia15/01/2019
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E-Tailing

Tech startup Blinq to focus on Southeast Asia

2min0
Tech startup Blinq is targeting Southeast Asia with software which allows users to virtually try on and purchase designer apparel and accessories from online luxury and contemporary fashion retailers globally. “Blinq uses AR and algorithmic patterns to provide users with the latest trends and personalised fittings from their digital devices,” explains entrepreneur and Blinq founder […]
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Retail Asia15/01/2019
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Fashion

How Richemont is plotting Yoox Net-a-Porter’s expansion with Alibaba

8min0
While 2018 saw several luxury conglomerates consolidating their empires through brand acquisitions, others like Yoox Net-a-Porter looked to strategic partnerships. With the new Richemont and Alibaba deal, the company is now able to better bring its retail offerings to the world’s largest luxury audience: China. As Richemont’s takeover of e-commerce giant Yoox Net-a-Porter has come […]
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Retail Asia15/01/2019
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E-Tailing

CASE Singapore warns consumers about LuxStyle International

2min0
Singapore shoppers have been warned about dealing with LuxStyle International Sales. The Consumers Association of Singapore (Case) has released a consumer advisory notice updating its previous advisory on LuxStyle, reminding consumers that they are “not obliged to make any payment to a business for goods or services that they did not explicitly agree to purchase”. […]
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Retail Asia14/01/2019
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E-Tailing

JD.com steps into entertainment industry

2min0
JD.com, China’s largest retailer, has joined forces with Paramount Pictures and global play and entertainment company Hasbro to celebrate the Chinese release of the new TRANSFORMERS movie BUMBLEBEE. On the run in the year 1987, BUMBLEBEE finds refuge in a junkyard in a small Californian beach town. Charlie (Hailee Steinfeld), on the cusp of turning […]
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Retail Asia14/01/2019
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Logistics

Last-mile delivery investment will boost sales

5min0
Increased investment by retailers in last-mile delivery is essential to uncover new revenue streams, according to a new study released by the Capgemini Research Institute. According to the report, 97 per cent of organisations believe that current last-mile delivery models are not sustainable for full-scale implementation across all locations, and that free shipping costs cannot […]
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Retail Asia11/01/2019
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E-Tailing

Online Marketplaces India: Delivering fashion to the discerning masses

9min0
The online fashion space in India is positively buzzing with private labels or brand partnerships. Recently, heritage American denim brand, Wrangler collaborated with Indian e-commerce giant, Flipkart to launch an exclusive sub-brand called Wrangler 20X. Myntra also launched its in-house plus size apparel brand, Sztori as well as House of Pataudi, an ethnic wear brand co-owned by Myntra, Exceed Entertainment and Bollywood actor Saif […]
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