Tag: Online

Retail Asia22/09/2020
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2min0
The banking software company is joining up with the Chinese internet giant on cloud-based services. The deal opens a huge new potential market for Geneva-based Temenos: it is joining Alibaba’s cloud services, the company said in a statement on Thursday. In effect, banks can adopt Temenos’ software – Transact – on the Chinese firm’s cloud infrastructure. The […]

Retail Asia15/06/2020
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2min0
With the coronavirus pandemic prompting the growing popularity of ‘untact consumption’, South Korea’s publishing industry is seeing online book sales outstrip offline sales. Kyobo Book Center, the No. 1 online and offline bookstore in South Korea, says that its book sales via mobile and web platforms this year comprised 33.4 percent and 22.9 percent, respectively, […]

Retail Asia09/06/2020
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Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic. Research from data and analytics firm GlobalData suggests the effect on the country’s e-commerce market will be long-lasting, estimated to reach US$9.5 billion this year. Previously, e-commerce grew at a compound annual growth rate of 15.4 percent between 2015 and 2019 to […]

Retail Asia25/05/2020
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3min0
Social commerce is about to get a whole lot more social, with Facebook announcing the launch of its business-to-consumer marketplace offering Facebook Shops. The new platform began rolling out in New Zealand yesterday and will be progressively rolled out across international markets during the coming months. Shops will leverage the co-owned ecosystem of Facebook, Instagram, […]

Retail Asia25/05/2020
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Sephora China has launched a flagship store on Alibaba’s B2C platform Tmall Global. The Sephora Tmall Global flagship features a selection of beauty brands including Fenty, perfume house Bon Parfumeur, and skincare brands like Farmacy and Dermalogica. The cross-border store also introduced a series of beauty lines’ China debut such as Natasha Denona and Sunday […]

Retail Asia25/05/2020
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2min0
Italian jewelry firm Bulgari has launched an e-commerce platform in Singapore prior to opening online services in its home territory. Korea will soon follow. The luxury brand is accelerating its digital program following the effect of the coronavirus pandemic on the industry, placing restrictions on the ability of shoppers to visit physical stores. It is […]

Retail Asia24/04/2020
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2min0
The Singapore retail real estate market has weakened amidst the coronavirus pandemic, according to a quarterly market report released by Edmund Tie. Transactions fell across all real estate sectors despite significant support measures passed by the government under its Unity Budget, Resilience and Solidarity Packages. In retail, an industry already battling a recession throughout last […]

Retail Asia16/04/2020
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3min0
Meta-search website iPrice Group has released data insights on the online behavior of Filipino consumers during the coronavirus lockdown. The firm’s e-commerce aggregator compared impressions of products on its platform between November last year (a month before the outbreak) and this March, when sudden strict restrictions on physical mobility that went into effect on March 12 […]

Retail Asia26/03/2020
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2min0
ZA Bank – one of the eight recipients of Hong Kong’s virtual banking licenses – kicked off operations yesterday, marking the dawn of digital lending in the city. The virtual banking arm of China’s ZhongAn Online P&C Insurance began operations, according to a statement, with a focus on offering competitive rates. Hong Kong dollar savings […]

Retail Asia17/03/2020
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2min0
Tech startup OneDash has unveiled a chat-to-checkout service which eliminates the need to quit a chat session to complete a purchase. The OneDash app also enables interactive video so shoppers can connect with retailers in real-time and interact personally. Oleksandr Matviishyn, CTO of OneDash, says one of the motivations behind creating the chat-to-checkout app was […]

Retail Asia12/03/2020
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Ikea has launched a flagship store on Alibaba’s marketplace Tmall, the first third-party platform the brand has partnered within Asia, and after leaving Amazon last year. Initially, with a six-month trial across the Chinese provinces of Jiangsu, Zhejiang and Anhui, and the city of Shanghai, the Ikea online flagship store features more than 3600 products. […]

Retail Asia11/03/2020
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2min0
Indian retailers are staging a three-day nationwide boycott on selling Samsung mobile devices in response to the firm’s exclusive discounting deals with e-commerce operators. The All India Mobile Retailers Association (AIMRA) has arranged the Samsung boycott at brick-and-mortar outlets following several rounds of unanswered communications with Samsung country heads extending back over the past five […]

Retail Asia09/03/2020
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1min0
The majority of Singaporean men spend at least 30 minutes of shopping online every day, according to a survey by Southeast Asian e-commerce platform Shopee. The Men’s Online Shopping Behaviour Survey 2020 has also found the target group of 2515 Singaporean male spends almost 70 percent more money online compared to last year. Comparing prices […]

Retail Asia03/02/2020
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2min0
Kadokawa Corporation has launched an EJ Anime store online where people living overseas can purchase official merchandise for Japanese anime, comics, light novels, and games. The EJ Anime store stands on a burgeoning anime market in Japan that has continued to increase for nine years, reaching sales of ¥2,180 billion (US$20.07 million). The rapid increase […]

Retail Asia30/01/2020
6min0
One of the keys to operating a successful business is to ensure that your sales strategy is effective. Consumer behavior and expectations change regularly, so it is important to stay up to date with trends and new sales strategies that you can apply to boost your business. With the rapid rate that technology is developing, […]

Retail Asia14/01/2020
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4min0
B2B online community JewelleryNet has launched a series of new features on its platform for sourcing, market intelligence, industry updates and trade fair information. The new JewelleryNet’s faster speed and mobile-responsive interfaces are expected to allow for faster, targeted searches; more productive visits; greater user convenience and efficiencies as well as a better user experience […]

Retail Asia13/12/2019
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3min0
Chinese smartphone giant Xiaomi expands its footprint in India – its largest overseas market – with the launch of online lending services. The firm will connect users with financiers, offering quick access to loans of up to 100,000 rupees ($1,400), Xiaomi’s India head Manu Jain said, according to a report. The online lending solution, «Mi Credit» […]


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