Online news

08 January 2019
JD.com's driverless delivery vehicles have been deployed in two cities in China. Autonomous logistic capabilities The company opened two smart delivery stations in Changsha and Hohhot for this operation. The unmanned vehicles can carry 30 items and deliver them within a 5km radius. The vehicles are capable of planning routes, avoiding obstacles and recognising traffic lights. Facial reco...
04 January 2019
Grofers, one of the leading online grocers in India, aims to generate $2.5bn in revenue by 2020 and scaling up its private label offerings. Experiencing fast growth Speaking to PTI, Grofers' co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30 per cent month-on-month growth. "While we do not sell gourmet products that usually offer higher margins, we have been able t...
03 January 2019
Regulatory guidelines may have significant impact for ecommerce. Takes effect on 1 February In a move aimed at promoting fair trade in India, the government has announced a series of regulations for the ecommerce industry. From 1 February 2019, online marketplaces will not be allowed to list exclusive products on its platform. Previously, manufacturers and suppliers would work with Amazon o...
21 December 2018
China-based, pure ecommerce retailer JD.com has reached an agreement with Thailand government agencies to help provide Thai companies with greater access to Chinese consumers. Three MoUs signed JD.com has signed three memorandums of understanding (MoUs) with three separate Thai government agencies. These include, Thailand’s International Trade Promotion Department, the Digital Economy Promo...
21 December 2018
Google is expanding its presence in India by rolling out its shopping service. Following the launch Indian shoppers can browse online deals from various retailers using Google Shopping.  Google Shopping helps to compare prices Shoppers in India will be able to compare deals, review prices and search for products from multiple retailers online. The personalised experience will be available t...
14 December 2018
Indonesia’s largest online marketplace receives additional funds from Alibaba. Funds used to extend its presence in the country In its latest funding round, Indonesia’s online marketplace Tokopedia has successfully secured US$1.1bn from Alibaba Group Holding Ltd. as well as SoftBank Group Corp. Recently, Tokopedia has been venturing into financial products such as digital wallets and vir...
13 December 2018
Alibaba’s Southeast Asia ecommerce business, Lazada, has reshuffled its leadership. New CEO as part of succession plan Lazada Group appointed Pierre Poignant as its new chief executive chairman this week as part of its succession planning. Poignant will succeed Lucy Peng, one of the 18 founders of Alibaba, with immediate effect. Peng will remain as executive chairwoman. Second CEO change...
13 December 2018
Flipkart, a leading Indian online market place, has committed to pushing newer categories such as furniture and groceries over the next three years. Driving grocery growth Flipkart currently provides online grocery services in four cities in India, adopting the monthly basket approach.  Its CEO Kalyan Krishnamurthy commented that Grocery is by far one of the most difficult businesses Flipka...
11 December 2018
Promotions and new hires within leadership team. Chief business officer for Walmart India appointed Following the departure of its chief operating officer, Walmart India has announced Mr. Sameer Aggarwal as its chief business officer. Mr. Aggarwal will now oversee strategy, merchandising, cost analytics, ecommerce, technology, marketing and replenishment for the retailer in India. Accord...
11 December 2018
As part of their strategic relationship, Walmart and Rakuten have opened their first ecommerce store in Japan. We look at the model being used and implications for future expansion. Products fulfilled from US inventory Earlier this year, Walmart and Tokyo-based Rakuten, announced a strategic alliance designed to optimise each company’s strengths and assets to expand their reach to new consu...