Tag Archives: Online Shopping

Asian online shoppers least happy–UPS Pulse

Asian online shoppers

(Source: Inside Retail Asia | April 12, 2018) Nearly half of online shoppers in Asia are dissatisfied with the experience, according to the latest UPS Pulse of the Online Shopper study. With negativity from 43 percent of Asian shoppers surveyed, they again emerged the least satisfied of shoppers internationally. The rate of 57 percent satisfaction was actually an improvement on ...

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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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Brick-and-Mortar spaces stay relevant in PH retail

outlet-cebu

(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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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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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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Walmart and Rakuten form strategic alliance

walmart rakuten

(Source: Inside Retail Asia | January 26, 2018) In Tokyo today, Walmart president/CEO Doug McMillon and Rakuten chairman/president/CEO Hiroshi “Mickey” Mikitani announced a strategic alliance aimed at expanding consumer reach and enhancing customer service. Included in the collaboration is the launch of an online grocery delivery service in Japan as well as an exclusive retail alliance between the US retail ...

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Google: Southeast Asia’s internet economy is growing faster than expected

(Source: iamwire.com)

(Source: Techcrunch | December 12, 2017) Southeast Asia is now the world’s third largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than originally thought, according to a new report co-authored by Google. China and India typically dominate the conversation when looking at ...

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Retail, mall scene still on a high

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(Source: Philippine Daily Inquirer | November 25, 2017) The Philippines is deviating from a global trend. While many retail stores elsewhere in the world are being shuttered, primarily rendered obsolete by the consumers’ growing preference for online shopping, the Philippine retail and mall scene remains robust and well poised for sustained growth. It even continues to attract global retail giants ...

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Heightened spending ahead

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(Source: Sunstar | November 22, 2017) Retailers in Cebu are anticipating heightened consumer spending this holiday season. Philippine Retailers Association (PRA)-Cebu president Robert Go said retailers are now stocking up on goods to get ready for higher consumer spending this Christmas. “As always, we expect double sales value than ordinary months,” said Go in an interview yesterday. “For grocery, Noche ...

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