Sarah ChenFashion
Cettire Net Loss Widens to $8.5 Million as US Tariffs Hit Sales
Sales fell 3.2 per cent to $718.4 million for the year to June 30 as active customer numbers dropped across key markets.
Tag
online shopping
Every story tagged online shopping on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged online shopping
202 stories in this topic
Wei ZhangE-Tailing
Vietnamese Online Shopping Soars: Consumers Shell Out $16B, Leading Southeast Asia’s Retail Surge!
Vietnamese consumers spent an estimated US$16 billion on online purchases via platforms such as Shopee, Lazada, and TikTok Shop in 2024, placing the country among the top three e-commerce markets in Southeast Asia. The recently unveiled Southeast Asia…
Minjun ParkE-Tailing
JD to hire 15,000 new employees
Chinese e-commerce giant JD has announced it plans to recruit up to 15,000 staff this year – just a week after saying it would let go 10 per cent of its senior executives. The majority of positions expected to be filled this year will be in logistics, with up…
Maria SantosE-Tailing
Korean wave fuel 25% growth in Korean e-commerce exports
South Korea’s online exports surged 25 percent in 2018 from a year ago on the back of growing demand for K-beauty and K-pop related items such as album records and stationery supplies, government data showed. According to Korea Customs Service, Korea’s…
Aiko TanakaE-Tailing
8 trends set to shape Southeast Asian e-commerce
Southeast Asia’s e-commerce market is set to exceed US$102 billion by 2025, according to a study by Google and Singapore’s Temasek. As more and more consumers are attracted to shopping online for convenience and they build trust in the channel, investors in…
Aiko TanakaE-Tailing
Western Union Debuts New Payment Option for Amazon
Cross-border, cross-currency money-movement firm Western Union has unveiled a new payment option that allows Amazon customers in Hong Kong and other Asian markets to pay in local currency for their purchases. The service is being offered initially in 10…
Aiko TanakaE-Tailing
Tencent-backed AI startup checks students’ math homework
In China, there is a big culture of ‘practice makes perfect’. As such, school homework is a battlefield not only for Chinese children, but also for their parents, and teachers, who have the task of reviewing assignments. Technology is increasingly lending a…
Maria SantosE-Tailing
Foreign e-tailers must have registered entity in India: Draft policy
E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.…
Aiko TanakaE-Tailing
Amazon to train Vietnamese small firms in e-commerce
Amazon will train 100 Vietnamese businesses to develop their business on its platform. According to the Department of Trade Promotion, Amazon Global Selling will identify 100 small and medium-sized enterprises (SMEs) for its “Supporting Vietnamese enterprises…
Rajiv MenonE-Tailing
JD.com and Rakuten to collaborate on drone delivery
Chinese online retailer JD and Rakuten, the Japanese e-commerce firm, will collaborate on developing unmanned delivery solutions in Japan. According to a new agreement signed between JD and Rakuten, JD’s drones and autonomous delivery robots will be used in…
Maria SantosE-Tailing
Rising active customer count gives Vipshop good impact
Chinese online discounter VIPShop is reaping the benefits of a 13 per cent increase in active customers last quarter to 32.4 million – well ahead of the 5 per cent full-year improvement. Its annual results released overnight showed net revenue soared 15.9 per…
Aiko TanakaE-Tailing
Coupang, HP Korea sign MOU to strengthen sales
E-commerce company Coupang said Thursday it signed a memorandum of understanding (MOU) with HP Korea Wednesday to strengthen sales channels for the technology company’s products. Through the agreement, Coupang will directly acquire HP products from the…
Rajiv MenonE-Tailing
Amazon enjoys positive performance with increases in sales, profit
Global online shopping platform Amazon reported growth in both net sales and profit for the fourth-quarter 2018 and full-year, adding its Alexa use and Prime membership continues to thrive, particular in the all-important holiday season. For the fourth…
Maria SantosE-Tailing
Farfetch announces the first chief fashion officer
The close relationship between luxury e-tailer Farfetch and Browns, the physical store that it acquired back in 2015, has become even closer with Browns’ CEO Holli Rogers having taken up a new role at the parent company. Rogers will stay on as the senior…
Minjun ParkLogistics
Kerry Logistics expands e-commerce fulfilment through E-Services Group JV
Hong Kong-based Kerry Logistics is expanding its e-commerce fulfillment capabilities through a joint venture with Asian e-commerce specialist E-Services Group. Their joint venture, Kerry ESG (HK) Company Limited, will combine Kerry Logistics’ global supply…
Maria SantosE-Tailing
Wholesale apparel portal Joor eyes Asia as its gets $16 million
US wholesale platform and data exchange Joor has raised US$16 million in Series C funding. The financing round was led by Itouchu, one of Japan’s leading conglomerates with participation from existing investors Canaan Partners and Battery Ventures. Joor has…
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