Online marketplaces, D2C brands and the platforms rewriting how Asia shops.
Retail giant Walmart has hired former Amazon exec Suresh Kumar as its new chief technology officer and chief development officer as it aims to compete more with other tech savvy retailers. Kumar, who will take on the newly expanded role on July 8, has held…
Alibaba Group has launched this year’s 618 Mid-year Shopping Festival from Taobao and Tmall, allowing brands and merchants to tap into China’s less-developed regions with 1.5 million new products and multiple promotions. This year’s festival aims to engage…
New Zealand food brand Pic’s Peanut Butter is one of the brands involved in Amazon’s ‘Clicks & Mortar’ initiative, which launched this week in the UK. The e-commerce giant is rolling out pop-up shops across the UK, giving small online business brands the…
Online luxury marketplace Reebonz has launched a guaranteed buy-back program in Thailand. The service, which applies to leather goods and jewellery, gives customers a guaranteed price that the company will pay to buy back products initially sold on its…
Swee!, a hyper-local brand under the Private Label umbrella of RedMart, Singapore’s leading online grocery retailer, has been awarded Gold in the New Brand category at the 2019 Vertex Awards. The annual Vertex Awards celebrates and recognises the best in…
Chinese online fashion and lifestyle retailer Mogu has reported an 18.7 per cent increase in gross merchandise value (GMV) for the year to March 31, to RMB17.408 billion (US$2.594 billion). The company’s revenue for the year reached RMB1.074 billion (US$160.1…
Amazon Japan is partnering with local supermarket operator Life Corp to sell fresh foods online. The project will commence in parts of Tokyo later this year and provide a range of produce to Amazon’s Prime Now subscribers in Japan, offering order times as…
Amazon Australia is holding its second mid-year sale, slashing prices on tens of thousands of products from Friday, May 31, through the month of June. The deals include up to 50 percent off select clothing, shoes and accessories from brands such as Calvin…
Spending on local online sites has strengthened, helping boost the country’s total online retail sales over the three months to April by 7 percent over the previous corresponding period. Spending on New Zealand sites is continuing a recent strong run, seeing…
There is growing expectation of an Alibaba IPO in Hong Kong which could raise as much as US$20 billion. The plan, if it proceeds, would be the sixth-biggest follow-on share sale in history and succeed the firm’s $25 billion New York float of 2014. It is…
Hong Kong International Airport’s one-stop online-shopping platform HKairportshop.com is making orders purchased via the platform ready for pickup at the airport 90 minutes after the purchase is made – including duty-free hard liquor. The e-commerce platform…
Indonesian e-commerce platform BukaGlobal has launched in Singapore, Malaysia, Brunei, Hong Kong and Taiwan. Developed by Bukalapak, the platform will connect 4 million Indonesian sellers to the global market. At the moment, products sold on the site include…
More and more mainlanders are using apps and websites to shop for pre-owned products. The popularity of shopping for pre-owned products online is on the rise in China, a trend being driven by a new consumer focus on sustainability and the rise of “recommerce”…
Amazon is leading another funding round in international food-delivery startup Deliveroo. The US online retailer and existing shareholders including T Rowe Price, Fidelity Management and Research Company, and Greenoaks will invest US$575 million in the…
Alibaba Group added 104 million monthly active users to its Chinese online retail marketplaces during the year to March 31. That stellar growth, driven by successful user-acquisition programs such as referrals through the Alipay app, took the total to 721…
Deliveroo on Friday announced it is looking to raise US$575 million ($835 million) in a Series G funding round, bringing its total investment to date to US$1.53 billion ($2.22 billion). Amazon is set to be the largest investor in the round, alongside existing…
Evergreen guides that explain the mechanics behind this coverage.
E-commerce
Ship-from-store, click and collect, marketplace fulfilment and live commerce, what each model demands from inventory accuracy, staffing and systems, and whe…
Retail Operations · 11 min read
E-commerce
Which platforms matter in Brunei, how buyers pay, why cash on delivery still shapes the economics, and what a delivered order really costs.
Asia Market Guides · 9 min read
KPIs and definitions
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…
Retail Toolkit · 8 min read
Market entry
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
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.