E-commerce
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Saudi Arabia’s e-commerce market grew 18%.
Around 7 in 10 SEA consumers wait for online sale seasons
The “deal-hunting” behaviour can be seen more in Singapore, Malaysia and Indonesia.
Shopee, Lazada are top online shopping platforms in SEA
Convenience is the top reason for shopping online amongst Southeast Asian consumers.
Carousell cuts 10% of total headcount
A total of 110 roles were laid off.
Food delivery sector must modernise after delivery aggregator exits Australia: report
Delivery aggregators have been grappling with driver shortages and rising inflations.
Alibaba launches sustainable packaging campaign with Shiseido
They offered products in refillable containers as rewards.
Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
Alibaba Group records $3.2b net loss in September 2022 quarter
Its revenue increased by 3% YoY to around $29.1b.
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
South Korea’s Coupang to remain profitable amidst funding crunch: report
The company’s net profit stood at $91m in the third quarter.
South Korea’s Coupang posts record net profit in Q3
Its net income stood at $91m.
What retailers in China could gain on Singles Day
Increased competition is, however, expected with several other retail festivals and shopping events.
Indonesia’s Bukalapak reverses loss as net profit soars over 400% in 9M
Its income stood at IDR3.61t over the said period.
Digital economy in Southeast Asia to grow 20% in 2022
The region’s GMV is expected to be at $200b.
What’s the ‘hottest’ investment country in Southeast Asia?
Its digital economy is expected to grow by 22% to $18b in 2022.
Around 200,000 more Australian consumers shopped online in H1 2022: report
Nearly 84% of consumers have used online shopping platforms in the past six months.
Australia’s e-commerce market to reach over $50b in 2022: report
The market is projected to grow by 13% during the quarter.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Unlock the power of AI in solving supply chain challenges with RELEX Solutions 5. Malaysian retailers told to prioritise technology, consumer-centric approachesResource Center
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