Online news

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...
06 December 2018
The Chinese ecommerce giant opens the largest hydroponic plant factory to produce fresh vegetables, in partnership with Japan’s Mitsubishi Chemical. High-tech greenhouse The 11,040 sq m plant is located in the Tongzhou District of Beijing. It incorporates a hydroponic system with solar light. Temperature, humidity, light and liquid fertiliser are automatically controlled, enabling productio...
29 November 2018
We’ve identified the top five trends shaping the Asian retail market and influencing retailer strategy in 2019 and beyond. Nick Miles, our head of Asia-Pacific, discusses each one and reveals what it means for suppliers in the region. The top five trends Ultimate convenience Partnerships shaping the future of online Health and freshness at the heart Social sh...
27 November 2018
Coupang plans to launch a 'Thai Mall' flagship store on its online platform to sell a variety of exclusive Thai products, including food, beverages, lifestyle, furniture, pet and spa products.  Aiming at THB 200m (US$6m) in 2019 Thailand has been promoting Thai products on Coupang since August, with 899 SKUs, mostly food and beverage items. Thai Commerce Minister Sontirat Sontijirawong said...
23 November 2018
Online grocery retailer aims to increase private label products to 40% of sales revenue. Extending into new categories BigBasket, India’s leading online grocer, has announced that it will increase its private label presence. Hari Menon, co-founder and Chief Executive said, “ Private labels are around 34 per cent of our business now and we plan to scale this to 40 per cent in about a year. T...