Tag Archives: E-Commerce

Shopee teams up with Facebook to help leading retail brands strengthen their eCommerce presence


(Source: Manila Bulletin | September 7, 2017) As part of its 9.9 Mobile Shopping Day celebrations, Shopee, the leading eCommerce platform in Southeast Asia and Taiwan, partnered with Facebook for the second time this year in another instalment of its popular Shopee University series. The session saw over 100 members from Shopee’s Official Shops, including leading retail brands such as ...

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Korean online mall sales lose traction

Smart phone online shopping in woman hand during Christmas. Shopping center in background. Buy clothes shoes accessories with e commerce web site

(Source: Inside Retail Asia | September 6, 2017) South Korean online mall sales growth has decelerated as competition grows more fierce, government data shows. There was a 3.6 percent increase in the combined revenue of 26 offline and online retailers to 10.22 trillion won (US$9 billion) in July, according to the Ministry of Trade, Industry and Energy. This gain marks ...

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Social media top investment in Hong Kong


(Source: Retail in Asia | August 30, 2017) Adobe’s 2017 Creative Pulse research surveyed more than 5,000 creative and marketing professionals and examined the role of design and creativity in businesses transformation across Asia Pacific (APAC). Markets surveyed include Hong Kong, India, Australia, New Zealand, Korea, Southeast Asia, Taiwan and China mainland. Among them, 571 respondents were from Hong Kong. ...

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Uniqlo Singapore introduces Click & Collect


(Source: Inside Retail Asia | August 28, 2017) Uniqlo Singapore has launched the casualwear brand’s Click & Collect service, allowing shoppers to pick up their online purchases at any of its Singapore stores. Customers can choose from the Japanese brand’s full line-up of products, including extra sizes, on its online store. They can then opt to pick up their purchase ...

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UPS expects quicker growth in its B2C business

Source: REUTERS file image/John Sommers II

(Source: Manila Bulletin | August 25, 2017) UPS, global leader in logistics, is anticipating the business to customer (B2C) model to grow at a quicker pace than the business to business (B2B) model with more establishments going online paved by growing e-commerce platforms that are competing with the traditional retailing business. Christopher Buono, the new managing director of UPS Philippines, ...

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AIG Malaysia selling insurance on Lazada


(Source: Inside Retail Asia | August 25, 2017) Lazada Malaysia and insurance company AIG Malaysia are partnering to provide a seamless insurance service online. “We are all digital natives now so it is our natural behaviour to look for products and services online among other things,” says Lazada Malaysia CEO Hans-Peter Ressel. “So selling insurance, as unlikely as it may be, ...

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Amazon’s Wholefoods takeover gets regulatory green light

07-10 Amazon to Acquire Whole Foods for $13.7 Billion in Cash

(Source: Inside Retail Philippines | August 24, 2017) Amazon’s Wholefoods takeover has received regulatory approval, clearing the way for the biggest retail deal of the year to proceed. The Federal Trade Commission, charged with ensuring business acquisitions do not impact customer choice, has given the green light to the US$13.7 billion deal,  shortly after Whole Foods shareholders voted in favor ...

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Retailers feel pinch of online shopping

Online shopping

(Source: Philippine Star | August 21, 2017) The country’s retailers are now feeling the pinch of heightened competition from the once ignored, but now rapidly growing online shopping business, industry players told The Star. Samie Lim, chairman emeritus of the Philippine Retailers Association (PRA), said many of their members are losing some customers to online shopping, which has become a ...

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The Philippines’ slow internet speeds hampering online retail growth


(Source:  Inside Retail Philippines | August 16, 2017) The Philippines’ slow internet speeds are restricting growth in the online shopping sector, according to Philippine Retail Association president Paul Santos. Despite the country having a mobile penetration rate of 170 per cent, online is accounting for a mere 1 to 2 per cent of Philippine retail sales. Rustans Supercenters CEO Irwin Lee ...

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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 ...

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