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E-commerce

Online marketplaces, D2C brands and the platforms rewriting how Asia shops.

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Carousell
Maria SantosE-Tailing

E-commerce giant Carousell lays off 110 staff

Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry. The…

shopee2
Sarah ChenE-Tailing

Shopee celebrates record-breaking 12.12 Birthday Sale

Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, wraps up the year-end shopping season with a record-breaking 12.12 Birthday Sale. On 12 December, 12 million items were sold in the first 24 minutes and at its peak, 1 million items were…

Taobao
Wei ZhangE-Tailing

Alibaba’s Taobao to exit Taiwan over political tensions

Taiwan on Monday gave the domestic branch of Alibaba Group Holding Ltd’s e-commerce site Taobao six months to re-register as a Chinese investment rather than a foreign one, or leave, in the government’s latest shot against Chinese firms. Amid growing…

ZALORA Takes a Look Back to 2015
Wei ZhangE-Tailing

Zalora Philippines targets 50-per-cent annual sales growth

Fashion e-tailer Zalora Philippines is targeting 50 percent annual growth in sales over the next five-year period. The firm’s confidence in its target is based on the number of Filipinos embracing online shopping. “We will end the year with more than 50…

RateX 2
Minjun ParkE-Tailing

RateX expansion plan after latest investment

Singapore-based payments startup RateX has raised S$3 million (US$2.3 million) in a pre-series A funding round. RateX is a free browser extension that automatically provides shoppers with the lowest exchange rate without transaction fee for overseas purchases…

citiesocial
Rajiv MenonE-Tailing

Citiesocial to expand in Asia after the funding boost

Following series-A funding of US$2.75 million, Taiwan online retail platform Citiesocial seeks to expand into other parts of Asia. Its funding round was led by the Taiwan fund of Alibaba Group Holding. Citiesocial, which sells items such as water bottles and…

ezbuy malaysia
Wei ZhangE-Tailing

EZbuy to have more product offering

Singapore’s first global shopping platform EZbuy says it plans to almost double its product offering to 6 million items from brands and sellers in Korea, Taiwan and the US. It will bring on board a further 100,000 merchants by the end of the year. Its Korea…

bt21
Rajiv MenonE-Tailing

Line Friends to open Pop-Up stores in Seoul City

A Line Friends pop-up will open at luxury speciality store BoonTheShop in Seoul on Saturday. Running until January 14, the Korean character brand’s outlet will introduce its latest merchandise, BT21. The range includes dolls, cushions, fashion items,…

shopee
Maria SantosE-Tailing

Shopee giant leaps on its second year

Fast-growing e-commerce platform Shopee has released impressive statistics in marking just its second birthday. Combined annualised GMV from Taiwan and the six Southeast Asian markets where it operates has reached US$5 billion. It has more than 180 million…

Pinkoi
Aiko TanakaE-Tailing

Online marketplace Pinkoi Thailand launches

Pinkoi Thailand, a cross-border curated online marketplace for original design products, has been officially launched. Founded in Taiwan in 2011, Pinkoi individually selects its items, which include original handmade or small-scale produced clothes, shoes,…

Background from the Retail Academy

Evergreen guides that explain the mechanics behind this coverage.

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