In a collaborative effort, TikTok and Thailand’s Department of Internal Trade have drastically elevated durian sales on TikTok Shop, underscoring live commerce as a significant conduit for Thai agricultural commodities. The initiative led to a tenfold surge…
Chinese fintech titan, Alipay, is ramping up its endeavors in AI-driven commerce with the introduction of an innovative AI payment infrastructure devised to bolster the burgeoning “agentic economy”. As per a press release issued on Monday, Alipay unveiled the…
Eric Jing, Chairman of Ant Group, recently presented his vision for propelling small-to-medium-sized enterprises (SMEs) into the next level of productivity at the Singapore FinTech Festival. He posited that artificial intelligence (AI)-driven financial tools…
Reliance Retail has expanded its network in India by opening over 600 dark stores. These new outlets are in support of the company’s rapidly growing quick commerce service called JioMart, which boasts a delivery promise of under 30 minutes. What are Dark…
TikTok, the globally popular social media platform, is poised to debut its integrated e-commerce feature, TikTok Shop, in Japan. This is a significant move into a market where live commerce is relatively unexplored but ripe with potential. The initiative is…
In a dynamic retail landscape where consumer preferences can shift at a moment’s notice, companies are continually seeking innovative ways to engage their audience. The latest trend captivating the market is the rise of experiential commerce, a blend of…
YouTube is making significant strides in Southeast Asia’s video commerce landscape, leveraging the power of creators and innovative shopping experiences to attract millions of viewers. With a robust community of 7,600 creators boasting over 1 million…
Chinese social commerce platform Taobao has inaugurated a new rating system to reward deserving young creators and small enterprises with broader market exposure on the fifth anniversary of the firm’s Taobao Maker Festival. The exposure is designed to bring…
Chinese e-commerce giant JD is moving to stimulate small and medium enterprises nationally by providing supply chain and service support for the employment of more than 5 million people. The firm is accumulating around 50 billion goods as a part of its…
Shopline, the global smart commerce platform, has today announced the official expansion of its operations to Malaysia. The news follows the closure of a successful US$2 million funding round earlier this year, led by CDIB Capital Group and Alibaba Hong Kong…
Thinking about how to create your e-commerce store in Asia? This exclusive event has all your answers. Moni, a digital commerce and brand experience agency, providing an end-to-end suite of e-commerce services in the region, is set to take centre stage on…
Lingerie e-tailer Adore Me says it plans to open between 200 and 300 stores during the next five years. The company will make its brick-and-mortar debut in New York City within the next few months, followed by up to 10 locations this calendar year and another…
Purchases made through mobile devices like smartphones accounted for record-high levels of all products traded online in April, government data showed. Mobile transactions through smartphones and tablets reached 3.68 trillion won (US$3.28 billion) in April,…
Juniper Research predicts that the digital commerce sector is set to see substantial growth in user numbers over the next 4 years, as the number of unique users exceed 3 billion by 2021. Juniper has identified two sectors set to drive the digital commerce…
Despite a slower economic outlook, more than a third (38%) of online adults in Singapore interviewed in a 2016 study by PayPal say they will be spending more online this year, largely due to the convenience it brings. Notably, another 78% who predicated an…
This year China has moved closer to becoming the world’s largest retail market, with the total retail sales of consumer goods in the country reaching 30.1 trillion yuan (£3.39 trillion) in 2015, as cited by China Internet Watch. To put that into perspective,…