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Tag: SaleStock

Retail Asia28/02/2017
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E-Tailing

Zalora Indonesia future under a cloud

2min0
Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal. Last week, Ayala announced it will buy 43.3 per cent ownership in Zalora manager BF Jade E-Service Philippines for an undisclosed amount, taking its ownership to 49 per cent. The investment marks Ayala’s first foray […]
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Retail Asia06/01/2017
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E-Tailing

Lolalola closes online store

2min0
Indonesian online lingerie store Lolalola closed yesterday, but customers can still shop on its social-media platform. Lolalola says incoming orders will be processed “normally”. There has been no word yet from the startup on why it decided to close down the service, but it could be related to the increasingly tight competition among fashion eCommerce […]
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