Press Releases -> e-commerce & Online Shopping Syndicate content

Jul 19, 2017

Chinese e-commerce giant Alibaba will invest an additional $1 billion into online shopping portal Lazada which operates in six countries in Southeast Asian, namely Thailand, Indonesia, Malaysia, Singapore, Philippines and Vietnam. With the deal, Alibaba will increase its stake from 51 per cent to 83 per cent, the...

May 19, 2017

There has been some heated controversy going on amid the successful start of Amazon in India. The marketplace giant launched with better than expected numbers coming in, but Flipkart, Amazon’s major rival in India, has made an amazing turnaround and so the race is on. For the past several years the economy in India...

Apr 27, 2017

China has always been a lucrative market for the e-commerce business with its 770 million+ working population and their love for shopping online. The real situation, on the other hand, is a little different than what someone inexperienced with the Chinese market might presume. Although it is the biggest e-commerce...

Apr 19, 2017

While Baidu is about one-sixth the size of Amazon, it is growing very quickly. This is why Baidu was one of Motley Fool's major buy recommendations in 2016. Baidu is just the tip of the iceberg when it comes to Chinese e-commerce but it reflects many changes the region is facing in this area.

Mar 27, 2017

(24 March 2017, Hong Kong) - AGTech Holdings Limited ("AGTech") (SEHK code: 8279), an integrated lottery technology and services company in the China lottery market and the exclusive platform of Alibaba Group and Ant Financial Group for lottery has entered into an agreement with Alipay to operate the Alipay Lottery...

Feb 25, 2017

Savvy shoppers are gearing up for exclusive offers and unbeatable deals on the latest consumer tech products, as the region’s largest and most anticipated consumer electronics show, GITEX Shopper Spring 2017 returns to Dubai World Trade Centre (DWTC) next month.

Drawing an impressive line-up of retailers...

Feb 24, 2017

• Companies based in Siliguri can expand their operations nationally by participating at this expo.
• The vision of World Tea Coffee Expo Mumbai India is to expand the Indian Beverage business by providing all sourcing requirements under one roof

Feb 23, 2017

HONG KONG, Feb 23 - (ACN Newswire) - AsiaPay, a leading payment gateway service provider in Asia since 2000, has announced a collaboration with Peach Aviation, a well-known low cost carrier (LCC) in Japan, to offer UnionPay and AliPay Online Payment acceptance service for its travelers from China and Asia.

Feb 23, 2017

Dubai, 22nd February: Retail banking today has already become a digital business, spurred by the rapid spread of broadband access and affordable smart mobile devices. Globally, an average of more than half of consumers' banking interactions took place through online or mobile channels, with an even greater share in...

Feb 11, 2017

Singapore-headquartered ride-sharing startup Grab has plans to invest $700 million in Indonesia over the next four years as part of its expansion plans in the populous, but infrastructurally challenged country.

In what it calls its 2020 Master Plan, Grab wants to put millions into research and development,...

Jan 14, 2017

Despite low levels of Internet penetration, Indonesia is considered among the most potentially lucrative e-commerce markets in Southeast Asia.

By ASEAN standards, Indonesia has been a slow developer in terms of Internet penetration. Out of the country's 259 million-strong population, only 34 per cent are...

Jan 03, 2017

SAN FRANCISCO--(BUSINESS WIRE)--Xoom, a leading digital money transfer provider, today announced it will be expanding its service in Asia, making it easier for people in the United States to quickly and securely send money to Japan. With Xoom, people get the convenience of sending money on-the-go through a mobile...

Dec 21, 2016

With China among the world's largest e-commerce markets, digital businesses are facilitating cross-border sales between European vendors and mainland consumers.

For anyone involved in e-commerce, China is clearly the country to crack. In 2015, retail e-commerce sales in the Chinese mainland totaled US$672...

Dec 14, 2016

SINGAPORE, 13 December 2016 – SP eCommerce ( www.specommerce.com), a Singapore Post Limited (STI: S08) subsidiary, worked with Triumph to launch two new and optimised online stores for Singapore (sg.triumph.com) and Malaysia (my.triumph.com). The two online stores have been re-designed and enhanced in areas such as...

Dec 09, 2016

Low credit card use in Southeast Asia is driving demand for online payment services.

ASEAN's rapid economic growth – together with its typically young and tech-savvy population and astounding rate of digital adoption – has seen e-commerce revenue across the region growing faster than anywhere else in the...

Nov 08, 2016

Tencent IBG launches international ad solutions in Singapore to support merchants seeking to engage Chinese visitors

SINGAPORE, Nov 8, 2016 - (ACN Newswire) - International Business Group (IBG) of Tencent, a leading provider of Internet value added services in China, announced today the roll-out of one-stop...

Oct 13, 2016

Formation of Joint Venture to Enter into Complete Home Furnishing Solution E-Commerce Business
Offer One-stop Complete Household Solutions to Consumers

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[12 October 2016 - Hong Kong] Today, the Board of Royale Furniture Holdings Limited (the "Company", together with its subsidiaries,...

Sep 04, 2016

Jakarta, Indonesia - In this era of ‘E-conomy,’ we see many of the countries’ wealthiest jumping into the digital bandwagon, allocating millions to local and international tech startups. These conventional companies usually come into the scene as investors, whether it be in the form of LPs, Venture Capital, Angel...

Aug 25, 2016

SINGAPORE - Adyen, the global payments technology company, today announced that Grab, Southeast Asia's leading ride-hailing platform, has selected Adyen to extend the capabilities of its GrabPay platform in Indonesia, Philippines, Thailand and Vietnam. Grab will partner with Adyen to deliver a consistent,...

Aug 11, 2016
  • Rising demand for German consumer and luxury goods
  • Online shopping is becoming more popular among Chinese middle class consumers
  • Consumer confidence is relatively stable
  • Aug 05, 2016

    LOS ANGELES--(BUSINESS WIRE)--The International Trade Administration (ITA) has partnered with Moonbasa, a large China-based e-commerce company, to support a digital platform dedicated to U.S. brands interested in selling to the Chinese market.

    This will provide U.S. companies with an opportunity to open a...