In the first three quarters of the year, consumers in Vietnam have shown a growing preference for e-commerce, spending approximately VND34 trillion (US$1.3 billion) per month on popular platforms such as Shopee, TikTok Shop, Lazada, and Tiki. According to…
South Korea’s premier online retailer, Coupang, has witnessed an increase in profits in the third quarter, reflecting a sustained momentum in sales growth. Revenue and Profit Analysis The firm’s net revenues have experienced an 18% upsurge to reach $9.3…
Chinese e-commerce giant Shein recently removed a questionable product line, featuring childlike sex dolls, from its online platform. This action was prompted by the discovery and notification from France’s Directorate-General for Competition, Consumer…
Amazon recently announced robust profit growth for the third quarter, showing sustained double-digit growth due to advancements across the company. Strong Sales and Revenue Growth The net income for the quarter ending on September 30 experienced a 13%…
Amazon is reportedly planning to eliminate around 30,000 jobs in its corporate division, a move that one analyst referred to as a ‘deep cleaning’ of the organization’s workforce. This reduction would affect about 10% of Amazon’s nearly 350,000 corporate…
On Thursday, Alibaba, the Chinese e-commerce giant, unveiled a novel AI chatbot assistant service, amplifying its efforts to solidify its presence in a consumer-centric domain presently dominated by ByteDance and Tencent. Integration of AI Chatbot Into Quark…
Chinese retailers are capitalizing on the annual ‘Singles’ Day’ phenomenon by extending the sales event for up to five weeks. The sustained retail strategy is being deployed by industry giants Alibaba and JD as they strive to stimulate consumer interest…
Online rapid-fashion retailer Shein is set to establish its first ever permanent brick-and-mortar stores in France this November. This significant move has been facilitated through a partnership with department store owner, Société des Grands Magasins (SGM),…
The retail landscape in Asia is undergoing a transformative shift, with e-commerce platforms rapidly evolving to meet the dynamic demands of consumers. Amid this digital revolution, Alibaba Group has emerged as a titan, showcasing impressive financial results…
OpenAI is broadening the horizons of its ChatGPT capabilities. Instead of simply responding to inquiries and maintaining dialogues, the artificial intelligence system is now making its entrance into the e-commerce sector. The newly added Instant Checkout…
Vietnam’s e-commerce market is making headlines with a remarkable growth rate of 25-27% year-on-year in the first eight months of 2025, significantly surpassing the government’s ambitious target of 20-22%. The Ministry of Industry and Trade, which reported…
Shopee, Southeast Asia’s leading e-commerce platform, is on a mission to revamp its logistics capabilities and bolster its presence in regional markets. The company recently announced a notable expansion of its logistics infrastructure in Indonesia, a key…
Gmarket, an e-commerce platform owned by Shinsegae, has entered into a strategic alliance with Lazada, a leading online marketplace in Southeast Asia, to facilitate its expansion on the international front. Expanding Horizons The partnership allows sellers…
China’s retail sector is experiencing a transformative moment, marked by the strategic rise of two formidable players: Alibaba and JD.com. This dynamic shift mirrors broader trends reshaping the region’s e-commerce landscape, where Chinese consumers are…
In a decisive move emblematic of shifting retail landscapes, Alibaba has unveiled its plan to reallocate resources in order to bolster its business operations. The e-commerce giant, known for its expansive digital ecosystem, is strategically pivoting to…
Amazon has agreed to a settlement of $2.5 billion with the Federal Trade Commission (FTC), following allegations of misleading customers to increase subscriptions. The settlement, however, is unlikely to significantly impact Amazon, given that the company…
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Retail Leadership · 13 min read
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