E-commerce

Israel’s Jeffs’ Brands closes $7.28m private placement

The net proceeds will be used to improve the company’s overall operations and capital.

Israel’s Jeffs’ Brands closes $7.28m private placement

The net proceeds will be used to improve the company’s overall operations and capital.

China’s Dingdong authorises $20m share repurchase programme

The company may implement proposed repurchases until 28 January 2025.

Lazada CEO appointed as Daraz’s acting CEO

James Dong succeed Daraz founder Bjarke Mikkelsen in the role.

Alibaba.com inks partnership with Alioth to support SMEs

Through the deal, Alioth will be given access to Alibaba’s online tools and sales channels.

JD Worldwide opens Paris warehose for cross-border purchases to China

The fashion goods warehouse will contain over 100 brands.

JD.com inks deal with UK’s Evri for growth of European brands in China

The partnership will allow British and European products to over 600 million users in China.

India’s Tata CLiQ strikes deal with Rediff.com

Tata CLiQ will manage Rediff’s shopping page.

Parent-tech company The Parentinc acquires Motherswork

The acquisition places Motherswork on a quick path to a high-profile IPO.

Uniqlo sues SHEIN over alleged shoulder bag imitation

It demands SHEIN to stop selling the product and compensation for damages.

Foodpanda, Endowus offers financial training to delivery partners

Webinars with topics like financial planning, CPF and SRS will be organised for the delivery partners.

Toki secures $1.8m in pre-seed funding for Philippine expansion

The collectibles’ market in Southeast Asia is currently at $34b.

Around 7 in 10 APAC marketers spend on in-app ad

About 52% of marketers place in-app mobile game advertisements.

New Zealand consumers prioritise value in deciding purchase

Younger consumers are purchasing more online whilst the older are returning in-store.

FedEx to launch first-ever data-driven commerce platform fdx

The e-commerce leader is the first company to connect the entire customer journey.

Shiseido launches app to provide beauty regimen support for consumers

The app also provides them with feedback on the appropriateness of their regimen application.

Victoria's Secret adopts AI for enhanced shopping experience

One of the features includes the use of a chatbot.

Harbin is China's most popular destination for retail, travel

The winter season in the city experienced a 100 times growth in travel and shopping.