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Surprisingly, Asia does not feature in the top 10 destinations of Chinese cross-border eCommerce during the holiday season. First to market, DHGate.com, a B2B transactional crossborder eCommerce marketplace, has released lists of the 10 destinations…
Cross-border eCommerce (CBEC) is set to skyrocket in China according to a new report from international think tank Fung Global Retail & Technology. To capitalise on this, international retailers need to complement their existing expansion strategy with online…
Asia Pacific leads the world in mobile cross-border shopping, according to the third PayPal Annual Global Report, released in conjunction with global market research company Ipsos. With its investigation of the online domestic and cross-border shopping habits…
Chinese cross-border eCommerce has reached a turning point, says new research from Oliver Wyman. Spending online offshore by Mainland Chinese reached RMB 120 billion (US$17.963 billion) in 2015 according to iResearch, and is expected to grow more than 60 per…
SingPost eCommerce delivered soaring sales growth – and expenses – in the last quarter. Revenue in the three months to June 30 grew a robust 30.9 per cent to S$333.4 million, buoyed by continued expansion of cross-border eCommerce-related activities, and the…
Malaysian online payment service iPay88 has entered a collaboration with online payment company PayPal to promote and support cross-border trade for iPay88 merchants. For small businesses in particular, cross-border eCommerce provides a chance to sell to the…
Chinese etailer Globalegrow says it has taken steps to ensure what foreign customers order is what they get at a time foreign shoppers are increasingly wary of the authenticity of Chinese-sourced products. Globalegrow, whose full name is Shenzhen Global…
Singapore cosmetics startup BeautyFresh is eyeing the eCommerce potential in its home market and broader Asia. Stocking more than 70 international brands including Chanel, Dior, Jo Malone and Nars, the company ensures authenticity of its products by scanning…
Alibaba Group executive chairman Jack Ma wants to knock down barriers to global eCommerce by creating a business-driven, Internet-based platform that will function something like the World Trade Organization – but without all the controversy. Speaking at the…
Chinese cross-border eCommerce will rise at a rate of 18 per cent annually through to 2020, predicts market research house Mintel in a new report. Mintel’s Haitao Retailing says Chinese spending on cross-border eCommerce soared more than 60 per cent in 2015.…
Unrestricted by geographic borders, today’s consumers are buying from international merchants more than ever before. While B2C eCommerce sales in Asia Pacific are projected to increase at moderate double-digit rates through to 2019, consumers are increasingly…
Mainland Chinese shoppers increased their spending on luxury goods overseas by 10 per cent last year according to new research from Bain & Company. The increase comes as a surprise given the significant slowdown in China’s economic growth, the much-publicised…
Rakuten, Japan’s largest eCommerce company, is to open an online flagship on Chinese cross-border eCommerce platform JD.com. The Japanese company says it aims to take “the best Japanese products to Chinese consumers”. It launched a beta version of the new…
If you’re an Asian SME and a retailer and you are not pursuing an export strategy – you’re missing out, according to a study completed by FedEx. Small- to medium-size enterprises throughout Asia Pacific that export to overseas markets are twice as likely to…
Yi Hua Department Store Holdings has entered into a strategic purchasing pact with China Merchants Food to jointly develop cross-border eCommerce and bonded merchandise business. Yi Hua operates a group of retail businesses in Mainland China, including…
Cainiao, Alibaba Group’s logistics affiliate, has agreed to work with the US Postal Service to speed delivery of merchandise ordered by US consumers on Alibaba’s international online shopping platforms. Under a Memorandum of Understanding (MoU), Cainiao and…
