
Kogan Group Gross Sales Pass $1 Billion as Core E-Commerce Offsets Mighty Ape Loss
Group statutory profit reached $11.2 million for the fiscal year as warehouse cuts and inventory reductions halved holding costs in New Zealand.
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Group statutory profit reached $11.2 million for the fiscal year as warehouse cuts and inventory reductions halved holding costs in New Zealand.

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…

An exclusive Australian study by global ecommerce accelerator, Pattern, has shown that product range, convenience, and trustworthiness will be critical battlegrounds for online marketplaces in 2025. With international tariffs reshaping marketplace business…

An industry-first study by global ecommerce accelerator, Pattern, has shown that despite their surging popularity, Australian consumers hold negative views on the quality of the products sold on emerging marketplaces Temu and Shein. The major Australian…

Digital marketplaces continue to gain significant momentum in Australia, with 88% of shoppers buying from a digital marketplace in the past year, and 92% of consumers planning to shop on marketplaces like eBay, Amazon and Catch in the year ahead. The findings…

Booming Australian hemp skincare brand Hey Bud aims to grow online sales by 40% through new marketplace & eCommerce strategy Hey Bud, Australia’s #1 Hemp skincare brand has partnered with the category leader for global eCommerce acceleration Pattern…

The Yarra Valley Smaller Wineries Association has introduced an online marketplace where Aussie consumers can access more than 100 handcrafted drops from its portfolio of 21 members. A first for a wine association in the country, the new marketplace helps…

It might not be as good as picking up those meatballs on your way home, but IKEA is launching an online marketplace for Aussies to buy and sell second-hand products. The new ‘As-is’ scheme will be piloted, allowing their members to browse second-hand IKEA…

Online marketplace YesAsia is set to raise US$17 million in an IPO launch in Hong Kong. The company aims to offer 39,540,00 new shares, 90 percent of which will be available for placing with institutional and professional investors while 10 percent will be…

Vietnam’s so-called mutant orchids are being turned into unique digital assets and being sold for up to thousands of dollars online. On the digital goods marketplace OpenSea.io, hundreds of items are displayed when a user types the keyword “Orchidaceae.”…

The bank is launching a marketplace that for issuers to directly issue their own bonds connect with investors. DBS is launching the Fixed Income Exchange (FIX) to digitalize and make the bond issuance process more efficient, the bank announced on Tuesday in a…

Etsy said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to attract younger shoppers and bolster its position in a booming market in vintage or used clothing. After a pandemic-driven surge in sales over…

Chinese e-commerce giant Alibaba wants to have over 10,000 Vietnamese small and medium-sized enterprises selling on its platform by 2025. Its government relation and business development manager, Vu The Tung, who revealed this at a ceremony to sign a…

Social networks that enable trading of goods should be regulated like e-commerce trading platforms, a draft decree by the Ministry of Industry and Trade proposes. It seeks to expand the scope of online marketplace regulations to include social media that…

Thai-based omnichannel fashion platform Pomelo has launched a redesigned version of its online platform which features multiple brands. Besides offering in-app exclusive live streaming, the new app houses more than 100 brands on its Thai version, including…

Vietnamese online marketplace Tiki has successfully raised US$130 million in its latest funding round led by Northstar Group. According to Deal Street Asia, the total value of the investment may increase by a further $20 million. Founded in 2003, Northstar…
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