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Coupang, the South Korean e-commerce giant, has made a steady start to Fiscal Year 2026, according to its first quarter results. The data indicates a slow but steady recovery following disruptions experienced towards the end of last year. Stronger Financial…
Singapore-based Grab Holdings kicked off the new financial year on a high note, reporting double-digit growth in its first-quarter revenue and earnings, reflecting the company’s robust resilience in the face of market fluctuations. Impressive First-Quarter…
In 2025, global logistics service provider, J&T Global Express Limited (J&T Express), reported robust financial results. For the first time, the company’s total parcel volume breached the 30-billion mark, reaching 30.1 billion, a 22.2% increase from the…
In a fiercely competitive market, Chinese food delivery titan Meituan has reported a second consecutive quarterly loss, slightly missing projected revenue growth. Over the past year, the company has weathered intense competition sparked by aggressive subsidy…
PDD Holdings, the parent company of Temu, failed to meet its quarterly revenue and profit forecasts this Wednesday. The company highlighted the increasing domestic competition coupled with worldwide uncertainty as factors that will continue to impact…
In response to heightened scrutiny by the European Union (EU), Chinese e-commerce platform AliExpress has announced enhanced measures to ensure compliance with the bloc’s regulations. This move comes as the EU intensifies its focus on rapidly expanding online…
Shein, a Chinese online retailer popular for its fast-fashion offerings, emerged victorious after the Court of Appeal in Paris dismissed France’s plea for the suspension of the platform. The court’s decision came in the aftermath of a controversy where the…
Alibaba, China’s largest e-commerce firm, reported a modest 1.7% increase in third-quarter revenue, significantly below expectations. However, more concerning was the staggering 66.3% drop in net income, largely due to heavy spending on one-hour delivery and…
On Monday, JD, a top-tier e-commerce powerhouse from China, announced the expansion of its Joybuy online marketplace into several European markets. By extending its reach into the United Kingdom, Germany, France, the Netherlands, Belgium, and Luxembourg, JD…
Flipkart, the Indian e-commerce company owned by Walmart, has relocated its holding company from Singapore to India, a move that marks an important prerequisite for the company’s anticipated stock market debut in India. Returning Home for Better IPO Prospects…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
E-commerce behemoth, Coupang, endured a significant blow following a data breach in South Korea, leading to a loss in its fourth quarter. The company’s profits plummeted and its revenue failed to meet analyst predictions, reflecting the extensive impact of…
Despite facing opposition from the French government, low-cost fashion brand Shein is extending its footprint to five additional cities in France. This expansion is being carried out through a collaboration with department store chain BHV. Continued Expansion…
Lazada’s RedMart has recently announced the launch of a new on-demand grocery delivery service in Singapore, RedMart Now, which guarantees to deliver orders within 30 minutes. Expanded Delivery Options The latest service supplements RedMart’s pre-existing…
Alibaba’s artificial intelligence chatbot, Qwen, recently hit a snag in its service. An overwhelming response from customers resulted in a suspension of the coupon-issuing function, which in turn interrupted a promotional campaign aimed at expanding Qwen’s…
In the coming year, France is set to present a significant challenge to online retailers, such as Shein, according to the country’s Minister for Small and Medium-Sized Businesses, Serge Papin. He spoke out on the issue last Thursday, explaining that these…
