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.