Tag Archives: E-Commerce

Central Group turns focus to e-commerc

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(Source: Inside Retail Asia | 7 March 2017) Thai retail giant Central Group aims to raise the share of its e-commerce sales to 15 percent (%) over five years, up from the present 1%. Presenting the company’s annual business plan, CEO Tos Chirathivat says the group will aggressively pursue expansion in the digital realm this year. About 10 % of ...

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Alibaba forms partnership with high street retailer Bailian group

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(Source: Tech Wire Asia | 21 February 2017) China’S e-commerce giant, Alibaba Group Holding Ltd, has formed a strategic partnership with traditional bricks and mortar retailer Bailian Group to use big data to improve sales. The state-owned Shanghai based high street retailer is the largest by store numbers to join forces with Alibaba in its new effort to capture a ...

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Southeast Asia eCommerce underperforming

Asian family using laptop to perform online shopping

(Source: Inside Retail Asia | 24 March 2016) A new report questions if Southeast Asia eCommerce can live up to its potential. With an online retail market estimated to be worth US$6 billion, the region has constraints in logistics and payments infrastructure that are making eCommerce a tough nut to crack, says the report, developed by global management consulting firm ...

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SM Prime sees e-commerce more as a challenge than a threat

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(Source: The Manila Times | 1 March 2016) The Philippines’ biggest retail property developer is not at all bothered by the emergent e-commerce, not even considering the latter as a latent competitor but more as a shot in the arm. “I am very bullish about that—I mean, SM’s commercial buildings and shopping centers,” SM Prime Holdings Inc. President Hans Sy told ...

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RetailWATCH: Speed to market in fashion

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(Source: Retail in Asia | Dec. 29, 2015) Speed to market (STM) is becoming a necessity for apparel retailers and manufacturers in order to stay competitive. E-commerce and fast fashion have changed shopping habits and made consumers more demanding in terms of what they want – which is more – and when they want it – which is now. As ...

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Biggest Thai online retailer enters PH, plans to invest $55 million

iTrueMart

(Source: Manila Bulletin | November 23, 2015)   iTrueMart, Thailand’s leading e-commerce retailer, has launched its first e-commerce site in the country, iTrueMart.ph, and targets to be the dominant local e-commerce player in two years. In 2016, the online retailer, one of the companies under Bangkok-based Ascend Group, plans to invest over USD$150 million (more than P7 billion) in the ...

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‘Huge disruptions’ to change face of shopping by 2025

Making it easy. All these technology disruptions will ultimately result in more convenience for the end consumers.

(Source: by Chris Schnabel | Rappler | June 10, 2015) In a decade’s time, the retail sector will look nothing like it is now, says market research firm TNS Massive disruptions in retail sector will change the face of shopping in the future, making it totally unrecognizable from its current form, according to global market research firm TNS and Kantar, a ...

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How Lazada built a mall on the internet

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(Source: Manila Standard Today | By Roderick T. dela Cruz, Darwin G. Amojelar | May. 16, 2015 ) Inanc Balci, a banker from Turkey, was only 26 years old when he first came to the Philippines in 2012 to establish a startup company selling goods online. That company has quickly thrived on the expanding market of tech-savvy Filipinos and turned into ...

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Lazada to hold first mobile power sale on Feb 25

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Source: Rappler.com | Feb 21, 2015 One-day-only ‘flash sale’ comes amid changing consumer habits MANILA, Philippines – Lazada, the Philippines’ largest e-commerce website, is holding its first Mobile Power Sale on Wednesday, February 25. The Mobile Power Sale will be a one-day-only event only through the Lazada Mobile App and will feature steep discounts for customers. Highlights of the flash sale ...

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ASEAN’s online retail market has 25% growth potential: Study

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Source: The Economic Times | Feb 13, 2015 SINGAPORE: The online retail market in the six ASEAN economies has the potential to grow 25 per cent annually through 2017, a study said today. “Presently, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam account for less than one per cent of global online retail, even though it has 3 to 4 ...

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