E-commerce
Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
China leads digital payments in APAC.
Salla, J&T Express signs with largest Saudi-based e-commerce platform
E-commerce channel Salla will enhance J&T Express’ cross-border networks and services.
Over 80% of retailers will still have online, physical stores in the next 5 years
Consumers want to physically see and touch items they would buy.
Real-time personalisation boosts online sales by 7 fold
This is compared to those who employ a blanket personalisation strategy.
JD.com expands free shipping offer
The minimum order value for free shipping is $8.2.
AliExpress extends Affiliate Programme with GCC content creators
The initiative aims to assist influencers in marketing AliExpress products.
Uber Eats' robot deliveries augment Japan's workforce
The shrinking and ageing population is one of the factors that led to a shift in food deliveries.
Flipkart launches own UPI handle for digital payments
Flipkart UPI will be available to more than 500 million customers.
SEA retail sales during Ramadan to see nearly 50% growth
Malaysia saw the highest average increase in sales with 40%, whilst Singapore gained 30% in 2023.
Philippine's 2GO holds business workshops for SMEs
The group created the 2GO Getters community to connect with small business owners.
The North Face to change to direct-sales format in Australia and New Zealand
VF Corporation will complete the transition to a direct-sales model by second half of 2024.
Omnichannels account for nearly half of $15b Australian online sales
Social media, AI, low costs and out-of-home returns push consumers towards omnichannels.
Carousell deploy AI detection and manual moderation to shut down sales of Taylor Swift concert tickets
This is because of the recent rise in ticket sale scams.
JD.com introduces free at home return service
The “Free At-Home Return” option will be featured on 90% of products on the site.
ASEAN consumer activity to moderate in 2024: report
The region, however, will remain the fastest-expanding market globally.
PriyoShop raises $5m in pre-Series A funding round
The financing will help the company upgrade its tech infrastructure for its users.
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