E-commerce
Alibaba sells majority stake in Sun Art for $1.58b
Alibaba sells majority stake in Sun Art for $1.58b
The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets.
Walmart partners with Meituan to boost e-commerce in China
Meituan will provide delivery services for Walmart products.
Competition for ultra-fast food delivery in India fiercer as demand grows
However, challenges include maintaining food quality during expedited deliveries.
ASEAN-6's e-commerce export revenue to reach US$30.4b by 2028
However, 90% of MSMEs lack understanding of foreign export regulations.
Alibaba to sell department store unit for $1.3b loss
The sale will result in a $1.3b loss as Alibaba shifts focus back to its core e-commerce business.
Deliveroo launches ‘Deliveroo Shopping’ in HK
This expands Deliveroo’s offerings, providing consumers with a wide range of products.
Endeavor Philippines helps e-commerce entrepreneurs with mentorship, funding
It aims to create a lasting impact on the country's entrepreneurial ecosystem.
Rakuten, Bibian partner to expand secondhand luxury market in Taiwan
It is available through the Taiwan FamilyMart app.
Carrefour launches 24/7 express grocery delivery in Dubai
The service offers over 10,000 products.
7 in 10 Japanese consumers benefit from connected tech
Platforms like YouTube, Instagram, and TikTok are transforming shopping habits in the country.
Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA
It includes regional campaigns across both online and offline channels.
TikTok ‘shoppertainment’ drives mega-sale hit
Videos on the platform are used not just to entertain but also to drive e-commerce.
BHG Retail banks on membership data to drive sales
The Singapore Exchange-listed firm says Chinese consumers prefer to exercise and eat out.
Amazon invests over $2b in Singapore businesses in 2023
The investment includes spending on infrastructure improvements and technology upgrades.
All you need is one ‘hero’ TikTok product
Brands can boost their gross merchandise value with just one best-selling SKU.
SEA consumers embrace omnichannel retail in 2024
Pop-up shops and immersive events are also gaining traction.
China e-commerce market to hit $3.6t by 2028
It will be fueled by a shift in consumer preference to online shopping.
Commentary
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