Online marketplaces, D2C brands and the platforms rewriting how Asia shops.
Alibaba, a renowned Chinese multinational conglomerate, recently unveiled a new name for its popular food delivery service, previously known as Ele.me. This rebranding, which transforms Ele.me into Taobao Instant Commerce, marks a significant shift in the…
AliExpress, the popular Chinese online retail platform, recently played a pivotal role in a successful crackdown on counterfeit bike products. Collaborating with Chinese law enforcement officers, the joint operation resulted in the seizure of fraudulent…
Reliance Retail Ventures (RRVL), the parent company of Reliance Retail, has just announced the appointment of Jeyandran Venugopal as its new President and CEO. Venugopal is a former executive of Flipkart, bringing with him over 25 years of global leadership…
Increased apprehension has gripped South Korea following a significant data leak at e-commerce giant, Coupang. Officials have indicated that this breach could have been overlooked for an extended period. Scale of Data Leakage Coupang, a United States-listed…
E-commerce heavyweights, Amazon and Flipkart, are planning to venture into the financial services sector in India, by offering loans and buy-now, pay-later (BNPL) options. This strategic move is poised to challenge the traditional banking sector. Amazon’s…
Meituan, China’s leading food delivery conglomerate, has recorded its first quarterly loss since the final quarter of 2022. This is due to a fierce pricing battle with competitors Alibaba and JD. Further losses are predicted for the upcoming quarter as these…
AliExpress, a renowned e-commerce platform, recently announced a strategic alliance with Homart Group, a prominent Australian health and wellness manufacturer. This collaboration seeks to enhance AliExpress’s local product offerings through the inclusion of…
On Thursday, Alibaba announced the release of its Quark artificial intelligence (AI) glasses in China, signalling the tech giant’s entry into the AI wearables market that is currently led by Meta. The headset, priced starting from 1899 yuan (equivalent to…
In Tuesday’s quarterly report, Alibaba, the Chinese e-commerce behemoth, exceeded analysts’ revenue predictions. This success was primarily attributed to the company’s significant investments in one-hour delivery services, which attracted more users to its…
The commencement of a new joint venture between South Korea’s Shinsegae Group and China’s Alibaba International has been viewed by many as an indication of impending transformation in the country’s e-commerce market. The New Venture: Grand Opus Holdings…
The recent entry of Chinese budget retailer Shein into the flagship BHV in Paris has stirred up a political storm, adding to the ongoing struggles of department stores worldwide. These traditional retail outlets are grappling with the seismic shift of…
Coupang, a South Korean e-commerce giant, has experienced substantial growth, recording a record quarterly revenue of $9.3 billion during the three months leading up to September – a 20% year-on-year increase. This growth not only signifies the company’s…
China-based e-commerce giant PDD Holdings exceeded expectations on Tuesday, reporting a 14% increase in third-quarter adjusted earnings. This indicates that the company’s aggressive marketing strategies and considerable discounts have successfully fueled…
With the conclusion of China’s Singles’ Day sales festival, the largest shopping event worldwide, it’s clear that the country’s most significant e-commerce platforms were unable to stimulate widespread consumer enthusiasm. This comes in light of the lingering…
Sea Ltd, a Singapore-based conglomerate, has announced a significant increase in its sales and marketing expenditure during the third quarter. This resulted in a jump in revenue, but it also had a negative impact on profits. This increase in spending comes as…
Amazon disclosed its expansion plans for its cost-effective e-commerce service, Amazon Bazaar, on a recent Friday. Known in the United States as Haul, the service is now available in 14 new markets, intensifying competition with Chinese counterparts like…
Evergreen guides that explain the mechanics behind this coverage.
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Weekly Briefing
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Read by retail operators, investors and brand teams across Asia.