Tag Archives: E-Commerce

Alibaba: 325,000 orders per second highlights e-commerce shift

(Source: ABS-CBN News | September 4, 2018) Following a record 325,000 orders processed per second in a single day, an official of Chinese e-commerce behemoth Alibaba said Tuesday business had indeed shifted to digital. The milestone was reached during Alibaba’s Nov. 11, 2017 sale, where the platform also saw 256,000 payments processed per second and 168.2 billion yuan in sales, ...

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Southeast Asia’s Biggest “Mall” is in Your Hands

(Source: Entrepreneur.com.ph | September 2, 2018) With over 20,000 sellers and tens of millions of products available, Lazada is already the country’s biggest e-commerce platform, but the company is continuing its push into even greater heights. On Friday, August 31, Lazada launched what it called “Southeast Asia’s largest shopping mall.” LazMall is an in-app and in-site channel that features products ...

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MSMEs rely on e-commerce to boost export receipts

(Source: Business Mirror | August 30, 2018) Philippine micro, small and medium enterprises (MSMEs) are now heavily relying on e-commerce to boost their export performance and are banking on the new platform to expand their market, an independent study said. A research, titled “Global is the New Local: The Changing International Trade Patterns of Small Businesses in Asia Pacific,” reported ...

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Chinese e-commerce giant Alibaba eyes more global talents

(Source: Inquirer.net | August 21, 2018) Jack Ma, founder of Alibaba Group Holding Ltd, built his business behemoth to help the masses. But when it comes to hiring, the company is increasingly eyeing an elite group-those with an international background. With the company’s stated goal of serving 2 billion customers within two decades, it comes as no surprise that Alibaba ...

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Time-starved, hyperconnected Filipino consumers seek out convenience

(Source: Nielsen PR | August 15, 2018) Filipino consumers are leading increasingly hectic lives, leading them to demand convenient solutions that can help simplify their lives. This behavior is consistent with the global trend that is now greatly influencing consumption and buying habits, according to a new report by performance management company, Nielsen. The Nielsen Quest for Convenience Report, which explores ...

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Tips from successful companies on how best to sell your brand

(Source: Philippine Daily Inquirer | August 3, 2018) The Philippine Retailers Association (PRA) will be holding its 25th National Retail Conference and Stores Asia Expo in SMX this August 9-10. We asked some of the PRA officers to update us on retailing trends. Question: The biggest internet-only retailer in the Philippines claims to have 100 million hits a day. What ...

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Retailers set sights on Facebook, Google ad revenue

(Source: ABS-CBN News | July 26, 2018) People with hay fever hate dust. That was the premise of a marketing drive launched by British vacuum cleaner maker Dyson with US retailer Target Corp. Using data about its customers’ shopping habits, Target homed in on shoppers who likely had allergies and showed them ads for Dyson’s cordless V6 vacuum on social ...

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Entrepreneurs urged to launch cross-border e-commerce business

(Source: Business Mirror | July 7, 2018) Budding entrepreneurs have been urged to start a cross-border e-commerce business, as billions of people now shop online. “In 2020 the cross-border e-commerce is expected to account for about $900-billion GMV [gross merchandise value], translating into a roughly 22-percent share of the global e-commerce market,” e-commerce Business Consultant Michael Jan Menzon said. Menzon ...

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US Supreme Court Enables States to Collect Taxes on Online Sales

(Source: Fung Global Retail Tech | June 25, 2018) On Thursday, June 21, the US Supreme Court ruled that American states have the right to collect taxes on e-commerce sales regardless of whether the online retailer selling in their territory has a physical presence in the state or not. The ruling, known as South Dakota vs. Wayfair, Inc., reversed a ...

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Filipinos’ online spending to go up to P122B this year

(Source: Business World | June 28, 2018) Most Filipinos expect to increase their online spending this year, a study by PayPal Holdings, Inc. and Ipsos said. Results of the PayPal Cross-Border Consumer Research 2018 showed the total online spend of Filipino shoppers is predicted to rise by 32% to P121.9 billion this year from about P92.5 billion in 2017. The ...

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