Tag: Online

Retail Asia23/11/2023
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3min0
More than half of Vietnam’s population shopped online last year as both supply and demand in the e-commerce sector continue to boom. Dang Anh Dung, deputy CEO of Lazada Vietnam, told the forum on e-commerce on Tuesday that a report by Google and Temaske & Bain said around 57 million Vietnamese made online purchases last […]

Retail Asia14/09/2023
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3min0
With over 150 million users in the United States, social media juggernaut TikTok, is embarking on a groundbreaking journey that could redefine the way we shop online. After months of testing, the platform officially integrates e-commerce into its social media ecosystem, offering users a unique blend of entertainment and shopping. The strategic move comes as TikTok […]

Retail Asia02/08/2023
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10min0
In the fast-paced world of ecommerce, cart abandonment has become a significant challenge for retailers. With the rise of omnichannel fulfillment and the increasing demand for fast and convenient delivery options, the complexity of the fulfillment process has escalated. As consumers’ expectations continue to soar, the importance of delivery and pickup experiences has transitioned from […]

Retail Asia30/12/2022
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2min0
Vietnamese vendors have sold nearly 10 million products on Amazon this year, totaling an export value over 45% more than 2021, according to a report by the American e-commerce giant. During the pandemic, there were “thousands” of Vietnamese vendors on Amazon, and their top-selling products were in the categories of kitchen ware, home appliances, garment […]

Retail Asia25/04/2022
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3min0
Online travel booking company Trivago has been ordered to pay $44.7 million in penalties by the Australian Federal Court for misleading consumers over hotel prices. The court found that in January 2020, the company deceived consumers through misleading misrepresentations of hotel room rates on its website and in television advertisements. Trivago had used an algorithm […]

Retail Asia23/08/2021
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1min0
Xiaomi-backed Tiger Brokers is expanding its reach into the institutional segment with the launch of a business-to-business (B2B) platform. Tiger Brokers is partnering Singapore-based financial advisory firm PFPFA as it launches a B2B platform for institutional partners, the company announced on Friday. Under the partnership, PFPFA clients will have direct access to Tiger’s online brokerage and platform, which […]

Retail Asia17/06/2021
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2min0
HSBC has opened access to online trading for private banking clients in Asia as part of $100 million of investment in its core banking and digital platforms in the coming two years. HSBC Private Banking has launched its online trading platform in Asia, according to a statement, opening access to 10 financial markets including Hong […]

Retail Asia03/05/2021
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2min0
Pharmacy Online Concierge Pharma has secured $4.5 million in an equity financing round to digitize pharmacies in Vietnam. Based in Vietnam and Hong Kong, the platform helps stakeholders such as pharmacies, drug manufacturers, distributors, wholesalers, and consumers to digitally manage their interactions. It raised the money from Picus Capital of Germany, Goat Capital and FJ […]

Retail Asia23/03/2021
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1min0
The omnichannel fashion platform has launched a localized online store in the Philippines as part of its digital expansion across Southeast Asia. According to Pomelo, monthly orders from the Philippines currently account for around 10 percent of Pomelo’s total orders. Coinciding with the brand’s eight-year anniversary, the launch will help the brand strengthen their presence […]

Retail Asia18/03/2021
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3min0
While overall art sales contracted in 2020 amid the Covid-19 pandemic, online sales doubled in value. Aggregate online sales reached a record high of $12.4 billion, doubling in value from 2019, while the share of online art sales grew from 9 percent of total sales by value in 2019 to 25 percent in 2020, according […]

Retail Asia18/03/2021
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2min0
Chinese e-commerce giant Alibaba wants to have over 10,000 Vietnamese small and medium-sized enterprises selling on its platform by 2025. Its government relation and business development manager, Vu The Tung, who revealed this at a ceremony to sign a memorandum of understanding with the Vietnam Trade Promotion Agency on Tuesday, said his company would help […]

Retail Asia10/03/2021
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2min0
Hong Kong furniture retailer Pricerite has introduced its first online food range, Pricerite Food, fronted by Hong Kong rising star, actor Liu Junqian. According to the company, Pricerite Food’s philosophy is to promote a “slow living” lifestyle amid the influence of “fast-food culture”. The range is split into three categories: quality exclusive, traditional taste and […]


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