Giants Lazada and Tiki are racing to reduce their delivery times as competition heats up in Vietnam’s e-commerce market. Singapore-based Lazada Friday launched a 4-hour delivery service for flowers in Vietnam, a move in response to Vietnamese startup Tiki’s…
A senior Amazon official says the firm sees Vietnam’s potential but has not decided on a time to launch services for Vietnamese buyers. Bernard Tay, head of Amazon Global Selling Southeast Asia, Australia and New Zealand, said at an event Thursday that the…
South Korean big-box retailer E-mart will sell 13 store buildings and land to improve its financial situation. The firm will sell the properties to Mastern Investment Management for KRW952.48 billion (US$802.65 million) in the face of plummeting sales and…
Forbes Media has presented the Malcolm S Forbes Lifetime Achievement Award to Alibaba Group founder and partner Jack Ma, hailing his commitment to small businesses in addition to the impact that Alibaba has achieved since its launch 20 years ago. The annual…
Walmart-owned Indian e-commerce platform Flipkart is launching a food retail business. The new initiative will see the firm release its own private label, Flipkart Farmermart, as well as a grocery supply chain and potentially physical stores. A spokesman for…
Japanese cosmetics brand RMK has launched a flagship store on Chinese e-commerce platform Tmall Global. The move has been described as part of RMK’s broader focus to tap the lucrative Asia-Pacific beauty market and create a stable platform for beauty brands…
A recent survey has shown that around 75 percent of Singaporeans purchase overseas products at least once a month. According to Southeast Asian and Taiwanese e-commerce platform Shopee’s Global Deals Survey 2019, which polled more than 4000 Singaporeans about…
Zalora, Asia’s leading online fashion destination partnered with FarEye, a SaaS platform for visibility, to improve its logistics operations and help ZALORA achieve cost-effective deliveries. As one of the region’s largest and fastest-growing fashion…
Myntra, a Flipkart-owned Indian fashion platform has roped in local tailors to pick up packages from warehouses and deliver to customers to mend the sales gap caused by the return of ill-fitting clothes. The move is set to minimize business losses by cutting…
Over a year after divesting the Millers, Crossroads, Katies, Autograph and Rivers businesses to Noni B, and putting more focus on its flagship plus-size brand, City Chic Collective has announced it will acquire US specialty retailer Avenue’s e-commerce…
Amazon has launched Amazon.sg, a larger local online store in Singapore, to diversify its product offer and compete with rivals such as Lazada and Shopee. Fast delivery service through mobile app Amazon Prime Now was launched in Singapore in 2017. However,…
Over a year after divesting the Millers, Crossroads, Katies, Autograph and Rivers businesses to Noni B, and putting more focus on its flagship plus-size brand, City Chic Collective has announced it will acquire US specialty retailer Avenue’s e-commerce…
International e-commerce company, Shopmatic has acquired 100% of CombineSell, a Software as a Service (SaaS) platform that automates & simplifies multichannel e-commerce selling by aggregating popular online marketplaces into just a single platform. The…
Huawei’s global flagship store has opened in Shenzhen’s MixC World as the brand’s first direct-sale store globally. The 1300sqm store, which has been in preparation since 2017, allows customers to explore Huawei’s latest and most comprehensive product range,…
Alibaba Group says it aims to serve more than 1 billion consumers and exceed RMB10 trillion gross merchandise volume by 2024. Unveiling the Chinese tech giant’s five-year plan to the investment community, Alibaba Group executive chairman and CEO Daniel Zhang…
The Consumers Association of Singapore (Case) has released an app rewarding users for sharing pricing information to allow comparisons while shopping. Users of the Price Kaki app, which is expected to launch at the end of this month, can submit photos of any…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this coverage.
Ship-from-store, click and collect, marketplace fulfilment and live commerce, what each model demands from inventory accuracy, staffing and systems, and whe…
Plain definitions and formulas for the retail metrics that appear in Asian earnings calls, investor decks and operating reviews, with notes on how each one…
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
Retail Leadership · 13 min read
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