Online news

15 April 2019
India’s largest ecommerce retailer optimises its supply chain with a string of innovations. Using data science to reduce costs and improve efficiencies Flipkart is relying on technologies such as artificial intelligence, data science and the internet of things to optimise its supply and logistics chain. The ecommerce retailer has created a supply chain that features these technologies to ha...
01 April 2019
The Japan External Trade Organisation is offering small to medium-sized domestic retailers free access to global ecommerce platforms to help them sell products in 18 markets abroad. Supporting smaller retailers grow online The initiative is expected to increase trade for local businesses, maximising the global popularity of Japanese products around the world. Twenty four ecommerce operators...
01 April 2019
A.S Watson will invest HKD1bn (US$128m) on digital innovation over the next ten years as it continues to step up transformation across the business to enhance the shopping experience. Staying ahead of competition A.S. Watson continues to invest in technology and ecommerce. By next year, the retailer will have spent approx. HKD1bn on digital and technology since 2012. Over the next ten years...
28 March 2019
Ecommerce giant takes steps to bridge the online to offline gap in India. 100 kiosks to be opened across the country With only one-third of the population with access to the internet, Amazon India is taking steps to strengthen its physical presence in the country. The ecommerce giant has announced plans to open more than 100 small kiosks by the end of this year.   Needing less than 10 sq...
27 March 2019
As an important move to capitalise on China’s massive tourism market and offer Chinese travellers a holistic travel experience, Alibaba is launching a new shopping platform called Fliggy Buy. An innovative new service The service allows Chinese travellers to choose from a range of products, including cosmetics, suitcases, bags and alcohol, prior to their international travel. They can then ...
25 March 2019
Alibaba has outlined two initiatives to bring US$200bn worth of international products into China over the next five years. Offering new opportunities for suppliers from around the world One of Alibaba's core missions is to make it easy to do business anywhere. In China, it looks to help different businesses enter the market and trade successfully. One route to market for suppliers is Tmall...
11 March 2019
Lazada, the leading ecommerce platform in Southeast Asia, owned by Alibaba Group, plans to expand its cross-border trade for international brands. Global Collection 2.0 One of the key initiatives announced was a revamped “Global Collection”, which is a dedicated channel to showcase  Lazada’s cross-border merchants from around the world. The platform aims to help the brands grow their busine...
05 March 2019
The company announced its annual results for 2018. Growth from its China business was substantial, with operating income up by 11 times year-on-year, reaching RMB350m (US$52.2m). Growth driven by technology and transformation Digitisation, acceleration of online to offline and format transformation are cited by Carrefour as its success drivers in China. Carrefour said it would stick to the ...
01 March 2019
For the full year of 2018, JD.com reported net revenues of RMB462.0bn (US$67.2bn), representing a 27.5% increase from the full year of 2017. Expanding customer and merchant base Net revenues1for the fourth quarter of 2018 were RMB134.8bn (US$219.6bn), an increase of 22.4% from the fourth quarter of 2017. JD.com’s sales are seasonally high in the fourth quarter due to promotions surrounding ...
27 February 2019
Hailed as South Korea’s answer to Amazon, Shinsegae is to launch SSG.com in March 2019 by integrating its two online businesses. Integration driven by demand SSG.com is formed by combining Shinsegae’s two online business units, the Shinsegae mall and the Emart mall. The company made the announcement  back in January 2018 and is now going ahead with the plan. “ The integration of onlin...