Tag: wechat

Retail Asia27/08/2018
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4min0
WeChat, China’s most popular social media app, has launched its digital payments platform in Malaysia. It is the platform’s first market in Asia beyond China and Hong Kong. The digital payment feature of WeChat allow its users to transfer money among themselves and make payments to offline merchants in ringgit. Rather than taking the common […]

Retail Asia01/08/2018
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3min0
Earlier last week, the rumor of Facebook’s comeback to China was spreading fast. Banned since 2009, the technology giant was apparently trying to gain a foothold into the country with the establishment of an innovation hub. The word spread as screenshots of the subsidiary’s registration in Hangzhou were released on the Internet. By Thursday, the filing had […]

Retail Asia24/07/2018
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6min0
The influential fashion blogger is also collaborating with Montblanc on a limited-edition collection of women’s handbags, a new category for the brand. Tao Liang has an unapologetic love for handbags. And he also knows how to sell them to his over 3.5 million readers on China’s biggest social media platform Weibo and more than 850,000 […]

Retail Asia25/05/2018
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2min0
France’s Givenchy is revamping its retail reach in Asia, with the rollout of a WeChat store in China. Bowing 15 May 2018, the new WeChat boutique store is an extension of Givenchy’s premium offline service, and aims to offer a convenient yet immersive shopping experience for wealthy Chinese consumers, according to a statement from the Paris brand. Via […]

Retail Asia29/03/2018
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3min0
China’s popular messaging app WeChat now counts 1 billion monthly active users (MAU) worldwide, up 12% from 889 million MAU in Q4 2016, according to Tencent CEO Pony Ma. Ma said the platform reached the record figure during last month’s Lunar New Year Festival. However, it’s important to note that Tencent refers to MAU as user accounts, […]

Retail Asia16/03/2018
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2min0
WeChat has tightened its anti-counterfeit measures with 38 improvements to its Brand Protection Platform revealed in its annual Brand Owner Protection report released yesterday. WeChat claims more than 72,000 vendors were punished last year for attempting to sell counterfeit goods on its platforms. WeChat has also standardised the online infringement complaint system to make it […]

Retail Asia07/03/2018
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5min0
WeChat Pay and Alipay, China’s two biggest mobile payment platforms, have recently forged partnerships with tax refund companies to enable Chinese tourists to obtain rebates on their purchases via their respective mobile apps. Within this year, WeChat also plans to offer instant refunds in-store overseas as it competes for a larger share of rising Chinese tourist spending […]

Retail Asia07/02/2018
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1min0
Tencent’s WeChat Pay is now linking to non-Chinese credit cards for mobile payments. This means expats in China and foreign residents of Hong Kong, Macau and Taiwan can now bind and activate WeChat Pay accounts with credit-card services provided by JCB, MasterCard and Visa. Tencent says it is the first time WeChat Pay users do […]

Retail Asia01/02/2018
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2min0
Today, China leads the world in technical innovation and WeChat is its most iconic ambassador. With more than 900 million daily active users (as of September 2017) and close to 40 billion messages exchanged daily, WeChat is now more than ever the daily life tool for Chinese netizens. On the business front, Chinese consumers represent […]

Retail Asia26/01/2018
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3min0
Tencent has expanded its WeChat Pay user base to Hong Kong residents, who now will not need to have a Chinese bank account or credit card to take advantage of the Mainland’s popular cashless payment system. With the announcement, Hong Kong residents can now bind and activate their WeChat Pay accounts with any international credit […]

Retail Asia24/01/2018
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1min0
Chinese messaging app WeChat has launched its first cashierless pop-up store in Shanghai. The Tencent company has teamed with more than 300 merchants, including EasyGo and Elle, as well as shopping mall The Mixc to build up its first “flash retailing” pop-up store. By scanning a QR code via WeChat, customers can enter the store. […]

Retail Asia17/01/2018
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3min0
Danish fashion retailer Bestseller has opened smart stores in Shenzhen and Guangzhou for its Jack & Jones and Vero Moda brands. Facial-recognition technology from Tencent’s Youtu Lab is used to register shoppers in store, enrolling them in WeChat Pay’s AI Club. This means they can pay without the need for wallets or phones. And the […]

Retail Asia15/12/2017
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8min0
On 24 November 2017, LANCÔME Travel Retail Asia Pacific, leading French luxury beauty brand, unveiled the brand’s latest 2020 retail concept at its newly revamped No.1 Point-of-sale (POS) at Haitang Bay, China. The latest in line to celebrate the brand’s ‘Declaring Happiness’ global campaign across Asia, the grand opening event was graced by international celebrity […]

Retail Asia13/12/2017
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3min0
Seoul will have one of six Chanel flagship stores being launched next year, with the brand also about to open in Beijing’s China World mall. “These will be either brand new stores or major re-openings, which will be very impactful,” says Chanel fashion and accessories divisions president Bruno Pavlovsky. On December 1, Chanel opened a […]

Retail Asia12/12/2017
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5min
Malaysian people’s love for mobile shopping has led to more transactions generated on mobile platforms. The data compiled from Malaysia’s three major online marketplaces — Lazada, 11street and Shopee — revealed that 70 percent of the online transactions on Single’s Day and MyCyber sales were done through mobile devices, said iPay88, a leading regional payment […]


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