China’s cross-border e-commerce is forecast to see turnover top 9 trillion yuan (1.3 trillion U.S. dollars) in 2018, according to a report released by the China E-Commerce Association.…
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Online Retailing
IKEA Korea to start Online Sales this Saturday
IKEA Korea will open an online mall, on September 1, to offer better accessibility to customers nationwide and attract online shoppers.…
Musinsa : Online shop creates offline opportunities
Online shop creates offline opportunities : Fashion retailer Musinsa makes space for brands to grow their businesses.…
Pomelo Fashion CEO David Jou against the stream in SEA
Pomelo Fashion CEO David Jou on managing a reverse supply chain and logistics in Southeast Asia.…
Alibaba said to buy out Baidu
Alibaba Group Holding Ltd. plans to buy out Baidu Inc. and other investors in Chinese startup Ele.me to shore up its delivery network, a person familiar with the matter said, placing its biggest bet y…
Amazon buys video doorbell firm
Smart doorbell maker is retailer’s second largest acquisition as it pushes further into in-home deliveries and internet of things.…
Tencent and JD.com buy into Chinese retail chain Better Life
Tencent and JD.com have again teamed up to purchase a stake in Chinese retail chain Better Life Commercial, as the two tech giants work to challenge Alibaba’s retail dominance in China.…
Alibaba is swooping in on a surprising consumer market in China
While most companies are still figuring out how to capture the millennial market, Taobao, the Alibaba-backed online retailer, has its focus set on China’s growing population of senior citizens.…
Farfetch yearly sales surge 74%, 2016 losses widen on investments
British online fashion retailer Farfetch said global revenue grew at a record speed in 2016, while losses widened for the year, on the back of increased investment in technology, customer acquisition …
Oysho launches on Korean etailer SSG
Oysho, the lingerie, sportswear and homeware brand from Inditex Group, underscores its international ambitions with the opening of an online store on SSG, South Korea’s largest online platform, it ann…