APAC
Weekly News Wrap: JD in talks to buy controlling stake in China Logistics; Future Retail files new case against Amazon
Weekly News Wrap: JD in talks to buy controlling stake in China Logistics; Future Retail files new case against Amazon
And in-app mini-games spurred Shopee’s rapid growth in Brazil.
Apparel resale gains greater traction amongst APAC consumers
At least a tenth of shoppers is buying second-hand apparel more than usual.
Top APAC e-commerce sites have at least five checkout errors
Some consumers abandon purchases due to the long checkout process.
Lazada rebrands logistics arm to Lazada Logistics
It offers one-stop logistics solutions to Southeast Asian sellers.
Weekly News Wrap: Alibaba shares fall amidst new regulation; Amazon’s fake reviews crackdown hits small Chinese makers
And America’s Museum of Ice Cream launches in Singapore.
Cainiao opens new facilities to expedite Lazada cross-border logistics
Customers in Thailand, Singapore, Malaysia, and the Philippines can get their parcels as early as three days.
Weekly News Wrap: Indian minister under fire over remarks on Tata; Alibaba responds to sexual assault charges at manager
And French retailer Carrefour launches sale of its Taiwan business.
The ‘technology’ shots that stores need to level up customer experience
Stores have always been at the epicentre of retail disruption, be it the onslaught of digital or the recent pandemic. Despite ominous predictions, stores have risen like a phoenix to cater to shifting business landscapes and shopper behaviours. Retailers who view their stores through a new lens will realize endless possibilities because:
7 in 10 SEA online sellers expect growth in 3Q
52% of the 750 sellers surveyed experienced growth in H1.
Diebold Nixdorf executives spearhead virtual fireside chat on the next evolution in self-service retail technology
Industry experts will discuss how leveraging self-service technology can help retailer’s reach new heights with their business.
Starbucks launches Fila collab merchandise in APAC
The new collection features drinkware and lifestyle accessories.
China, India to propel APAC’s sportswear retail growth
The two markets are seeing more local brands serve a value-seeking consumer base.
APAC’s online retail sales rise amidst growing health concerns
However, customers have become slightly less concerned about visiting stores.
‘I am not a robot’: 84% of APAC consumers abandon carts due to complex login process
55% of consumers are frustrated with long log-in and sign up forms.
CU launches 2 stores in Mongolia’s new airport
One store caters to travellers, whilst the other is available only to airport staff.
Daraz leads in e-commerce by prioritising customers’ and sellers’ needs
Innovations include a premium shopping channel and a stimulus programme.
Here are the winners in the Retail Asia Awards 2021
Winners were awarded via digital award presentations on 12-16 July.
Commentary
Unwrapping the psychology behind festive snacking in Southeast Asia