Online marketplaces, D2C brands and the platforms rewriting how Asia shops.
11street (www.11street.my) today announced its latest collaboration with UITOX, the first ever largest online marketplace in Taiwan to introduce 200 élite brands from Taiwan along with around 150,000 products from Taiwanese sellers. This partnership signifies…
Evergage, the real-time personalization platform company, today announced that ZALORA, Asia’s leading online fashion destination, has selected Evergage to support its real-time personalization initiatives across all the company’s digital properties. In a move…
Asia’s mComerce boom is creating a growing target for online fraud and cybersecurity risks, according to fraud consultancy Fico Group. Criminals who used to focus on ATM skimming are turning their attention online in an effort to compromise credit and debit…
Hit by falling sales in the tourist downturn, Hong Kong beauty retailer Sa Sa plans new store concepts and diversification to restore growth. Reporting a 10.6 per cent decline in sales to HK$3.778 billion in the first half of the current year, and a 55 per…
China’s Alibaba has announced two venture funds to help entrepreneurs with projects who can leverage the resources of Alibaba’s ecosystem. A HK$1 billion (US$130 million) venture fund – named Entrepreneurs Fund for Hong Kong – will be managed by venture…
Groupon – which has exited three Asian markets this year – continues to struggle globally with ts flawed discounting model. Operating on wafer thin margins in the first place, the company has taken a severe hit from currency exchange fluctuations in the third…
Asia Pacific consumers are increasingly likely to make their online purchases and bill payments through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 Regional eCommerce Monitor Survey. The survey, which polled…
Online fashion rental store Yeechoo has relaunched, expanding its service outside Hong Kong for the first time. The new website was officially released on Monday and from this week the company will ship to customers in Macau, Mainland China, Taiwan and…
Grocery delivery app HappyFresh has launched in Thailand, with further expansion into Taipei planned for this month. The app made its debut in Kuala Lumpur and Jakarta in March. Next on its expansion program are Manila in October, followed by Surabaya and…
Singapore online grocer RedMart has raised more capital and appointed a former Amazon executive to drive regional expansion. RedMart Singapore has previously indicated an interest in expanding into Vietnam, Thailand, Manila, Hong Kong, Indonesia, Malaysia and…
Taiwan’s GigaMedia, a web-based video games and computing providers supplier, is to purchase 70 per cent of worldwide eCommerce cosmetics retailer Strawberry Cosmetics. Taipei-based, Singapore-listed GigaMedia can pay about US$93.1 million for the stake.…
Alibaba Taiwan has been told by government officials to pack up and head home. The Taiwanese government’s Investment Commission has formally instructed the Chinese Mainland-based eCommerce giant to withdraw from the country within six months ruling the…
Two major convenience store chains in Taiwan are trying to introduce mobile apps to give customers access to a greater range of services and boost sales as e-commerce could soon revolutionize the convenience store industry. President Chain Store Corp, which…
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Read by retail operators, investors and brand teams across Asia.