Topic
241 stories in this topic
Samsung Electronics said Thursday its mobile payment solution has processed tractions totaling US$30 million in the month after its debut in South Korea. The company officially released Samsung Pay in South Korea on August 20. The platform, available for…
Online retailer Daraz is investing $56 million into creating beachheads on so-called ‘frontier markets’ in Asia: Myanmar, Pakistan and Bangladesh. Daraz is the leader in online retail in all three markets, selling apparel, accessories, shoes and beauty…
Foodpanda, Malaysia’s monopoly food delivery business, has relaunched its operations in Johor Bahru, in the nation’s south. Foodpanda Malaysia says it is “already a household name” in other major Malaysian cities – Kuala Lumpur, Ipoh, Melaka and Penang. “We…
Australian beauty subscription service and e-commerce platform, Bellabox, has confirmed its expansion into China in partnership with Australia Post’s Tmall store-front platform. The move is part of the beauty company’s growth strategy to become the dominant…
China’s accelerating slowdown has put shopping mall operators already struggling to fight off the inroads of e-commerce under the gun. But not all is doom and gloom as a wave of consolidation may allow some to thrive. “The supply of mall space in China is…
Indian online fashion retailer YepMe has raised US$75 million for expansion in a funding round led by Malaysia’s Khazanah Nasional Berhad state fund. YepMe, based in the city of Gurgaon in the National Capital Region, was launched in 2011 by three…
India – not China – is set to become the fastest growing B2C eCommerce market of the BRIC countries in the next five years. A new publication by Germany-based secondary market research expert yStats.com India B2C eCommerce Market 2015 also reveals the main…
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…
Online fashion startup Grana has opened its first permanent physical store as it tries a new way of ensuring clothes fit the customers who order them. The new 1300 sqft store in Sheung Wan is branded The Fitting Room. It’s a unique hybrid retail concept,…
Apple will launch an online payment service in China, as the tech giant seeks to expand in its largest market outside of the US despite fierce competition from local rivals. An Apple Company offering online payment has launched in the Shanghai Free Trade Zone…
“I haven’t seen such a behaviour in other South East Asian markets. While businesses in countries like Taiwan, Thailand and Philippineshave adopted e-commerce in a big way, there is a clear focus on bottomline. Money is being made on every transaction and…
Read, snap buy: See something you like in a magazine? Now you can shop from a magazine with new Singapore technology being trialled in Thailand. iQNect is a Singapore company described by Enterprise Innovation as a “visual search startup”. It has partnered…
Singapore-based Honestbee and NTUC FairPrice have partnered to enable customers to have FairPrice products delivered to them within the next hour. This enables customers to carry out their grocery shopping from their favorite stores – in the comfort of their…
Online fashion rental store Yeechoo has relaunched, expanding its service outside Hong Kong for the first time. The new website was officially released on Monday and from this week the company will ship to customers in Macau, Mainland China, Taiwan and…
Alibaba Group’s expansion into non-eCommerce businesses such as movies and music took another step today as the group announced the establishment of a sports company, aiming to “transform China’s sports industry through Internet-enabled technologies.” The…
Fast-expanding German startup Rocket Internet is promising its new joint venture spinoff will launch one new company per quarter in Asia. Rocket has partnered with Qatari telco Ooreedo to launch an Asia-Pacific spinoff venture APACIG to launch new companies.…
