ByteDance-owned TikTok has invested USD 840 million to buy a majority stake in Indonesian tech conglomerate GoTo’s e-commerce unit, as the Chinese media giant looks boost its online shopping bus…
ByteDance-owned TikTok has invested USD 840 million to buy a majority stake in Indonesian tech conglomerate GoTo’s e-commerce unit, as the Chinese media giant looks boost its online shopping bus…
Temu parent PDD Holdings reported a 94 percent uptick in sales to RMB 68.84 billion (USD 9.44 billion) for the third quarter, as price-conscious shoppers in Asia took advantage of the firm’s af…
Spanning 11 countries and composing 8.58 percent of the world’s population, Southeast Asia has grown into a force to be reckoned with when it comes to retail and e-commerce. From […]…
Payments. Commerce. Banking. The three sectors on which Asia’s future digital economy will be built are set to be explored at Seamless Asia. Meet leading innovators in payments, banking and […]…
Everyday Market from Woolworths, launched in early 2021, allows Australians to buy products from third party sellers such as Big W, Pet Culture and Kitchen Warehouse for delivery straight to […]…
One month ago, Retail in Asia reported U.S. apparel retailer Gap Inc. had sold its Greater China business to local e-commerce company Baozun Inc. The Gap Greater China business will […]…
eTail Australia 2023Once again, expect to learn from and network with leading eCommerce and digital marketing retail leaders at one time, with 250+ senior eCommerce and digital marketing attendees and…
JD.com announced its unaudited financial results for the three months ended September 30, 2022. In the third quarter, Fendi, a luxury fashion brand under LVMH, launched a flagship store on […]…
Alternative payments methods such as mobile and digital wallets are leading the e-commerce sphere in China, collectively accounting for 72 percent of market share in 2022, according to GlobalData. Ali…
Chinese luxury fashion resale platform Plum, also known as Hongbulin, has inked USD 100 million in a series C funding round backed by second-hand trading platform, ZhuanZhuan Group, the company [̷…