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The e-commerce market in Malaysia is among the fastest-growing in Southeast Asia, with a total transaction value of MYR25.6bn (US$6.2bn) in 2019. This is expected to cross $11 billion in 2023, according to GlobalData. Rising Internet and smartphone…
Global online retailer Amazon has partnered with more than 20,000 local “kirana” stores in India to serve as delivery points. The move is part of the firm’s “I Have Space” program to build relationships with such stores in 350 Tier 1, 2 and 3 cities within…
Business-to-business e-commerce firm, Zall Smart Commerce, will be the latest to apply for a digital banking license in Singapore. The Chinese company will be part of consortium joined by Japanese trading company Marubeni and Singapore-based Global eTrade…
Amazon India said that it will induct about 10,000 electric vehicles in its delivery fleet in the country. The e-commerce giant says that the idea is to reduce its carbon footprint in the country in accordance to the Climate Pledge that Amazon has signed. As…
Singapore retail sales in November remained sluggish, rising just 0.6 percent year on year after motor vehicles were removed from the data. Including vehicles, sales fell by 4 percent. Significantly, online sales rose to a new high, accounting for 8 percent…
Design studio Fyra may have created the “perfect” environment for online shoppers to collect their online orders: Box by Posti, the Finnish postal service. The brightly colored room, which serves as a convenient drop-off for customers to pick up purchases…
Indian conglomerate Reliance Industries is moving to take on Amazon in India by founding a new digital retail platform. The firm, led by billionaire Mukesh Ambani, has of late been engaged in testing to refine its new online shopping portal JioMart, which is…
Li Bao Ge Group is launching its food delivery service through Alibaba’s Freshippo (Hema) stores. The two firms have entered into a cooperation agreement under which Li Bao Ge will open in-store counters at Freshippo stores. With exclusive selling rights for…
Sendo, Vietnam’s second-most visited online market place, has secured $61 million in the latest Series C funding round. The investment will come from existing shareholders as well as new international investors including Indonesia’s EV Growth and Thai banking…
Payment and lifestyle platform Alipay intends to support 10 million small and medium enterprises in Europe over the next five years with technology to empower them to reach more than 2 billion potential consumers traveling to the region from around the world.…
More than 1 million orders were placed and processed through voice command via Alibaba’s Tmall Genie during its 11.11 Global Shopping Festival on Monday. The smart speaker was used to purchase items throughout the day – including 810,000 eggs, 1.4 million…
Vietnam’s e-commerce platforms are going all out with promotions and other marketing campaigns to woo customers for the year-end shopping season. Immediately after Apple’s latest iPhone 11 was released in Vietnam on November 1 at midnight, CEO of…
Coles is taking its online grocery offering a step further with the launch of a new subscription service that allows customers to make unlimited orders for a flat monthly fee. Customers must spend over $100 in each transaction to qualify for Coles Delivery…
Chinese O2O retailer Suning.com says sales from its online platforms and physical stores rose by 24.27 percent in the third quarter, reaching RMB 171.43 billion (US$24.4 billion). The company closed the quarter with 470 million registered members and the…
Amazon will open a new fulfillment center in Perth by the end of the year to keep up with increasing demand and offer fast delivery to more customers, the e-commerce company has said. The facility, which is expected to be operational in late 2019, is Amazon’s…
Singaporean online shopping business Shopee is aiming to boost its market share in Southeast Asia. The firm is targeting an expected exponential increase in the number of online shoppers in the region, according to a recent interview published in Yahoo…
