Hapas, a fashion accessories retailer based in Vietnam, is reportedly setting its sights on raising a minimum of $15 million in a forthcoming funding round. The objective of this fundraising effort is to bolster its omnichannel footprint and facilitate…
Retailers across Asia are increasingly embracing omnichannel strategies to meet the evolving demands of consumers, who now expect seamless shopping experiences that blend online and offline platforms. This shift is not just a response to the challenges posed…
Asia’s retail sector is undergoing a seismic shift. With digital adoption surging, consumers now expect a fluid journey that merges online browsing, mobile interaction, and in-store experiences. To meet this elevated bar, retailers are turning to omnichannel…
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the…
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the…
Founded 10 years ago, Konvy is now Thailand’s top beauty e-commerce platform. It plans to accelerate its omnichannel and international distribution with a new Series A of $10 million from Insignia Ventures Partners. Konvy was launched in 2012 by Chinese…
Personalization – you’re doing it wrong. There are only a handful of trends or innovations in the world of loyalty marketing that can cause as much global stir as personalization does. And even though most companies have a pretty common understanding of what…
Brand loyalty in the retail sector is on life support. In a fragmented omnichannel environment, comparison shopping, household budgetary pressures and online price transparency are driving declines in customer loyalty – and leading to tighter margins in the…
Central Retail has invested US$3 million to build Tops Market’s first standalone supermarket, on Bangkok’s Pattanakarn 30. Catering to the residential areas in Eastern Bangkok, the new standalone supermarket spans 3400sqm, housing more than 17,000 items…
JD.com launched the “JD MALL” brand, the upgraded version of its E-Space omnichannel retail experience store on September 14, via an online press conference. The new shopping destination will first debut in Xi’an, China, on September 30. With an area of…
South Korean retail giants Lotte Shopping and Shinsegae Group have submitted separate letters of intent for online marketplace eBay Korea, the retailers’ spokesmen confirmed on Monday. It is a deal that will almost certainly shake up the country’s e-commerce…
The omnichannel fashion platform has launched a localized online store in the Philippines as part of its digital expansion across Southeast Asia. According to Pomelo, monthly orders from the Philippines currently account for around 10 percent of Pomelo’s…
TUMI, the leading international travel, lifestyle, and performance luxury brand, launches the breakthrough TUMI Virtual Store to debut its Spring 2021 collection, delivering an immersive and enhanced omnichannel experience to customers in Asia Pacific and the…
Global e-commerce business eBay is reportedly selling off its Korean businesses G-Market, Auction, and G9, in a deal worth $4.5 billion (5 trillion won). eBay is exploring a number of “strategic alternatives” for its Korean business and is looking for options…
It’s a snowy Saturday in Chicago, but Amy, age 28, needs resort wear for a Caribbean vacation. Five years ago, in 2011, she would have headed straight for the mall. Today she starts shopping from her couch by launching a videoconference with her personal…
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…