Tag Archives: Alibaba

Alibaba doubles investment in SE Asia e-commerce firm


(Source: Yahoo Singapore, AFP News | March 19, 2018) Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia’s leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83 percent of Lazada with two investments totalling $2 billion as of June last ...

Read More »

E-commerce is the fastest-growing global retail channel through 2022: report

E-commerce And Online Shopping

(Source: Retail Asia Online | January 16, 2018) Internet retailing is the fastest growing global channel through 2022 at 73% to become a larger channel than traditional grocery retail, according to global market research company Euromonitor International which released its new retailing industry data alongside the second annual What’s New in Retail: Emerging Global Concepts report. Within internet retailing, the ...

Read More »

The push toward ‘retailtainment’


(Source: Techwire Asia | December 6, 2017) Retailtainment is a term used to describe experiential retail: the merging of entertainment and technology with traditional shopping. This is one way in which retailers are working to keep consumers visiting their brick-and-mortar stores. And these efforts are crucial considering an estimated 8,000 retail store locations will close this year, according to financial ...

Read More »

China gets ‘New Retail’, brought by Alibaba and L’Oreal

Source: alizila.com

(Source: Techwire Asia | November 9, 2017) Cosmetics Company L’oreal has introduced “New Retail” concepts into its customer journey experience in collaboration with Alibaba’s Tmall.com in conjunction with the e-commerce giant’s 11.11 Global Shopping Festival. “New Retail”, a term coined by Alibaba founder Jack Ma, is being called “an innovative business model” that is bridging the gap between online and ...

Read More »

Alibaba and JD.com make foray into groceries

(Source: Asia Nikkei Review)

(Source: Asia Nikkei Review | November 1, 2017) The rise of online-to-offline retailing in China has blurred the boundary between the two traditional mechanisms of selling consumer goods, and the country’s e-commerce giants are determined not to miss the chance to finally get into perishables — the last remaining stronghold for brick-and-mortar stores. Spotting the potential of the the business ...

Read More »

Online retail grocery in South East Asia : Alibaba or Amazon?

(Source: Entrepreneur.com)

(Source: Retail in Asia | October 25, 2017) In South East Asia, online retail grocery is growing as an increasing number of Singaporeans prefer to do their shopping online. “It is getting better and better,” said Mr Vikram Rupani, president of RedMart, an online grocery company based in Singapore that is part of Alibaba‘s push into the region, “but it’s ...

Read More »

China’s Alipay introduces offline e-payment system into Philippine market


(Source: xinhuanet.com | October 25, 2017) A new offline e-payment system supported by China’s mobile payment platform Alipay was rolled out recently in Manila, showing the country’s desire to accelerate the digitization to help facilitate the lives of Filipinos. At the launch ceremony, Philippine consumers experienced buying goods and services through scanning QR codes through mobile phone app GCash, owned ...

Read More »

Alibaba one-ups Amazon by building a mall for retailers


(Source: Retail Customer Experience | October 9, 2017) While Amazon will tear down a mall to build a distribution center, Alibaba is actually building a new mall for retailers. Clearly, the transformation of retail is much more than Amazon, and more than the shift from stores to online. Alibaba’s construction of a retail mall is clear sign that future “retail” ...

Read More »

Alibaba profit nearly doubles on robust revenues


(abs-cbn/AFP | August 18, 2017) Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a global e-commerce icon, has seen its New York-listed shares ...

Read More »

Alibaba cafe without cashier attracts queue

07-25 Alibaba cafe without cashier attracts queue

(Source: Inside Retail Asia | July 21, 2017) An Alibaba cafe without a cashier attracted a queue of shoppers for its opening in Hangzhou. Entry into Tao Cafe is via smartphone scan through ticket gates similar to those at subway stations. Offering drinks, fast food and snacks, the 200 sqm store can accommodate 50 customers. To enter and make a ...

Read More »
Copyright @ 2014 Philippine Retailers Association. | Powered by MediaBlast Digital Corp.