Tag Archives: E-Commerce

Shopee PH’s ‘mobile-first’ approach key to e-commerce success

shopee logo

(Source: Manila Times | February 11, 2018) Mobile shopping platform Shopee emerged as the fastest growing e-commerce company in the Philippines, according to a recent study by the Malaysia-based iPrice Group, Shopee finished second behind Lazada among the top Android shopping apps of 2017 and took the top spot among iOS shopping apps in the third quarter of the year. ...

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MVP: PHL market ready for e-commerce ecosystem

E-commerce And Online Shopping

(Source: Business Mirror | February 10, 2018) Telco mogul Manuel V. Pangilinan said the Philippine market is now ready to enter a digitalized economy, making this pronouncement at the launch of PLDT Group’s converged rewards-card program, called Most Valuable Partner (MVP), at Makati Shangri-La on February 7. Bangko Sentral ng Pilipinas (BSP) reports that as of 2017, the majority of ...

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Jack Ma, Dominguez to discuss e-commerce for PH traders

Jack Ma

(Source: Inquirer.net | January 29, 2018) The head of the Duterte administration’s economic team and Asia’s richest man Jack Ma will discuss in China ways for small businesses in the Philippines to grow by tapping digital commerce, according to the Department of Finance (DOF). The DOF said Finance Secretary Carlos G. Dominguez III would lead a delegation of central bank ...

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China’ leading e-commerce company JD.com opens office in Paris

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(Source: Xinhua | January 22, 2018) JD.com, Chinese leading e-commerce company, on Monday announced it had opened an office in Paris “to develop its French brand portfolio and …ramping up its European presence.” Calling the Paris office as “an important milestone,” the Chinese firm said “a French presence will give the company an in-depth understanding of the development ambitions of ...

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Richemont moves to take over YNAP

YNAP

(Source: Inside Retail Asia | January 22, 2018) Swiss luxury goods holding company Richemont has moved to take full ownership of e-commerce company Yoox Net-a-Porter (YNAP). Nearly three years after Richemont merged Net-a-Porter with Italian rival Yoox, the company has made a public tender offer to buy the shares in YNAP it does not already own, equivalent to half of ...

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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 ...

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China’s Alibaba under fire over use of customer data

alipay

(Source: Inquirer.net | January 5, 2017) Chinese e-commerce giant Alibaba has come under fire over its handling of user data in an episode that underscores growing concerns for privacy in the hyper-digitized country. Alibaba affiliate Ant Financial was forced to apologize after users said they felt misled into allowing its Alipay service to share data on their spending habits with ...

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More lending, tax reform prop up retail’s outlook

Philippine Retail

(Source: Sunstar | December 30, 2017) Cebu’s retail scene is likely to continue to enjoy strong sales in 2018 and infrastructure build-up will play a huge part in this anticipated rise in consumer spending. “Infrastructure will drive retail activities in 2018,” said Robert Go, president of the Philippine Retailers’ Association-Cebu Chapter. “As more projects are being erected, more jobs will ...

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Online-shopping market share to double to 5.5 percent–aCommerce

Asian family using laptop to perform online shopping

(Source: Business Mirror | December 25, 2017) E-commerce in the Philippines is gaining ground, given the expectation that its contribution to the total retail market would double to 5.5 percent, according to Southeast Asia’s retail-solutions provider aCommerce. Paul Srivorakol, aCommerce Group CEO, said the improved penetration of the online marketplace in the country will further improve as more and more ...

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Bic Camera, Rakuten looking at JV

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(Source: Inside Retail Asia | December 22, 2017) Japanese e-commerce site Rakuten and consumer electronics retailer Bic Camera are considering a JV that will marry virtual and real stores. They expect to sign a basic agreement soon with a view to setting up their partnership early next year to work toward launching their e-commerce site in April. Bic Camera already ...

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