Tag Archives: E-Commerce

Globe myBusiness, Lazada partner to boost retail sales via DigiMall

digimall

(Source: Business Mirror | April 11, 2018) Globe myBusiness and Lazada Philippines recently entered into a partnership, showcased by the introduction of the future of retail in the 21st century via the DigiMall. The DigiMall, a reimagination of the marketplace using a “digital” shopping mall, will display local quality products from Lazada merchants through an interactive set-up. The partnership aims ...

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Local e-commerce driving local brands’ growth

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

(Source: Manila Times | April 9, 2018) The Philippines’ electronic commerce sector has bolstered local companies in enhancing their brand presence and expanding their consumer base, a report from Malaysia-based iPrice Group found. According to its Philippines’ top 50 e-commerce rankings research, iPrice found that local brands are benefiting from increased internet and smartphone use, boosting their visibility. “Forty-four percent ...

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Trump assails Amazon on taxes, retail competition

Amazon

(Source: Rappler | March 29, 2018) US President Donald Trump took aim Thursday, March 29, at Amazon.com, claiming the US online giant pays too little in taxes and hurts other retailers. “I have stated my concerns with Amazon long before the Election,” Trump tweeted. “Unlike others, they pay little or no taxes to state & local governments, use our Postal ...

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Brick-and-Mortar spaces stay relevant in PH retail

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(Source: Sunstar | March 26, 2018) There remains a healthy play of traditional and online stores in the Philippines today, amid reports that brick-and-mortar outlets are on the way out in other countries. Joey Roi Bondoc, research manager at Colliers International Philippines (Colliers Philippines), said brick-and-mortar stores can still coexist with online retail in the Philippines, as malls are the ...

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Alibaba doubles investment in SE Asia e-commerce firm

0508alibaba

(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 ...

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‘You don’t buy eggs online’: DoubleDragon bets on shopping malls

CityMall-Roxas-City-Philippines-DoubleDragon

(Source: ABS-CBN News | March 16, 2018) DoubleDragon said its shopping mall arm would be a “great growth driver,” notwithstanding the rise of electronic shopping platforms. CityMall Commercial Centers Inc, which targets emerging urban centers, plans to open 100 outlets in the provinces by 2020, DoubleDragon chief investment officer Hannah Yulo said. “If you’re in the province, I don’t think ...

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E-commerce not the only cause of death for Canadian malls

(Photo from: www.cp24.com)

(Source: Philippine Canadian Inquirer | March 12, 2018) Malls were once a go-to shopping destination and a teenager’s hang-out of choice, but now face an uncertain future as some of their biggest tenants lay off employees, file for creditor protection or hang a “closed” sign in the window and leave for good. Beleaguered retailers have been quick to blame online ...

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BOI approves 2 online retailers

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(Source: Manila Bulletin | March 10, 2018) The Board of Investments (BOI) has pre-qualified Zalora Shopping and CJO Shopping Co. Ltd., the first two online retailers to be registered under the country’s domestic retail trade law. So far, the BOI has already registered a total of 25 foreign retailers with total investments of R40 billion. These retailers have created 29,000 ...

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With digital, women can go beyond sari-sari stores

E-commerce And Online Shopping

(Source: ABS-CBN News | March 6, 2018) Retail is one of the best ways for women to become entrepreneurs and with digital channels, they need not limit themselves to the sari-sari store, industry leaders said Tuesday. Electronic commerce represents the “evolution” of mom and pop stores and in Southeast Asia alone, it has 600 million potential consumers, stakeholders said. “You ...

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Business of happiness: How malls plan to weather e-commerce rise

(Photo from: business.inquirer.net)

(Source: ABSCBN News | February 28, 2018) A deep mall culture, wherein the giant air-conditioned structures are at the center of happy family activities, will help brick and mortar retail withstand the rise of e-commerce, industry stakeholders said. The country’s largest mall operator, SM, is “bullish” on retail, said SM Investments vice chairman Teresita Sy-Coson. The company earlier announced plans ...

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