E-commerce

Coupang raises service charge to cut losses

Coupang raises service charge to cut losses

But an analyst fears that this will fall short of reaching profitability.

JD’s Seven Fresh to open 12 stores in Southern China by end-2022

The company seeks to expand its Greater Bay Area operations, currently with eight stores.

Asian food aggregators beef up e-grocery operations

Delivery companies seized the opportunity opened by a rise in online shopping.

These 3 consumer classes will drive APAC’s experience economy

The women, Gen Zs, and empowered 50s will have the biggest impact to the marketplace.

Alibaba ties up with Belgian government to promote Belgian exports

The company will provide assistance to Belgian SMEs on its platform.

Ten brands offer online after-sales service on Tmall Luxury Pavilion

Joining the service are Gucci, Van Cleef & Arpels, and Burberry.

JD to build next omni-channel mall in Jiangei New Area

This marks the second collaboration between JD and Excellence Group.

Carousell HK, GOGOX, Atome to create ecosystem to support small businesses

This will help address the pain points of small businesses in logistics and cash management.

Alibaba Group picks Toby Xu as new chief financial officer

The outgoing CFO Maggie Wu will serve as an executive director of the board.

Colgate-Palmolive inks MOU with Shopee to boost e-commerce business

The partnership is aimed at growing Colgate’s digital sales by over 20 times by 2025.

South Korea dominated AliExpress’ Black Friday sales

The volume of parcels shipped to South Korea was the highest amongst all countries.

Sharing economy, buying time megatrends gain ground in China

Over 50% of the Chinese consumers engaged in sharing economy in 2019.

­­What are the digital mega trends in China’s e-commerce?

These mega trends include the rise of smart cities and homes, and shifting market frontiers, among others. 

The future of Singapore retail is cross-border trade: Amazon

By 2026, e-commerce exports revenue is expected to skyrocket to $3.5b.

How SMEs can steer clear of the shipping shambles in the peak season 

Demand for air cargo will likely rise at a faster rate than the supply until 2022, UPS said.

Emart24 rolls out emergency detection system in unmanned store

The system can detect customers collapsing or signs of property damage.

JD Beauty launches Black Friday sale with international brands

The company noted that luxury beauty items tend to be popular on Black Friday.