Posts Categorized: Ecommerce

Ecommerce is already big in Asia, and it only has room to grow. As local startups and global players tap into new opportunities, each country also creates its own ecommerce leaders. On top of these sites, social media is even becoming a new avenue for consumers to shop. While many countries still struggle to find better payment options and access to the internet, it’s worth studying how new ecommerce players and the evolving demand of consumers shapes how Asians shop.

paytm app 2

A nimble startup is targeting a blind spot of India’s ecommerce giants, and pulling the rug from under their feet

While the big cats of ecommerce fight it out for leadership stakes in India, a jackal may run off with the spoils - mobile commerce innovato...

  • October 1, 2014
  • at 11:43 pm
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How Vietnam’s richest billionaire is secretly building Vietnam’s biggest ecommerce site

VinEcom is a US$50 million project under the auspices of Vingroup, Vietnam’s top real estate company. Vietnam's richest billionaire, Pham ...

  • October 1, 2014
  • at 12:00 pm
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Tencent pays $736 million to take 20% stake in 58.com, China's answer to Craigslist

Tencent now has 24% stake in 58.com, China’s answer to Craigslist

Tencent has paid over US$830 million to accumulate this stake in 58.com, which is China’s answer to Craigslist.

  • September 29, 2014
  • at 11:02 am
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Pakistani ecommerce startup Kickstarter campaign for handcrafted shoes

Artisanal shoes, anyone? Pakistani startup takes to Kickstarter

A group of Pakistani entrepreneurs is taking to Kickstarter today to turn their startup idea into a fashion brand.

  • September 23, 2014
  • at 1:27 pm
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Alibaba sets share price at $68 ahead of today’s massive IPO

Alibaba sets share price at $68 ahead of today’s massive IPO

Alibaba today confirmed it’s setting a share price of $68 ahead of its IPO on the New York Stock Exchange. Alibaba lists shortly after the...

  • September 19, 2014
  • at 5:02 pm
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Jack Ma set to cash-out up to $867 million in Alibaba’s IPO tomorrow

Jack Ma set to cash-out up to $867 million in tomorrow’s Alibaba IPO

Of course, the Alibaba chairman – and former CEO – holds a lot more shares. In total Ma has an approximate six percent stake in Alibaba.

  • September 18, 2014
  • at 9:58 pm
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quikr

Classifieds portal Quikr gets $60M in fresh ammunition to take on OLX

Tiger Global coming on board as an investor will improve the odds of Indian startup Quikr in its battle with Argentina-based OLX.

  • September 18, 2014
  • at 4:03 pm
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mimopay-cover

Mimopay wants to be the solution for Indonesia’s payment hassles

Mimopay believes that it has the widest epayment reach in Indonesia.

  • September 17, 2014
  • at 12:00 pm
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Alibaba thumbnail - logo

Here are all the must-see numbers on Alibaba ahead of record-breaking IPO

To get a sense of the scale of Alibaba – both in China and up against ecommerce titans like Amazon – we’ve put together this infograph...

  • September 17, 2014
  • at 10:20 am
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Ecommerce giant Rakuten extends point service to more than 13,000 brick-and-mortar stores

Rakuten has partnered with 12 retail companies, including convenience stores and department stores, to bring its point service offline.

  • October 1, 2014
  • at 5:23 pm
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David vs. Goliath: Small grocery chain Presto Grocer plans to topple giants in Southeast Asia

David vs. Goliath: small grocery chain Presto Grocer plans to topple giants in Southeast Asia

After spending 10 years to establish themselves in Malaysia, the time has come for Presto to challenge the region's big players.

  • September 30, 2014
  • at 10:02 am
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Fablic, the maker of women-focused flea-market app Fril, raises $9M

Fablic joins Mercari as flea market services raising hefty rounds.

  • September 25, 2014
  • at 11:10 am
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Alibaba IPO explodes into life, starts trading much higher than expected at $93 per share

Alibaba IPO explodes into life, starts trading much higher than expected at $93 per share

Alibaba's hotly anticipated IPO just debuted at $92.70 per share. It's now valued at about US$230 billion.

  • September 20, 2014
  • at 12:14 am
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Ahead of Alibaba IPO, Western retailers rush to Tmall

Ahead of Alibaba IPO, Western retailers rush to do ecommerce in China

The rush to do ecommerce in China is speeding up thanks to the record-breaking Alibaba IPO.

  • September 19, 2014
  • at 2:15 pm
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Move over OLX. Indonesian ecommerce site Jualo is growing fast, invites new investors

Jualo is an Indonesian ecommerce business that launched in February 2013. The site lets users locate goods for sale that are just around the...

  • September 18, 2014
  • at 6:30 pm
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ecommerce in india

How tax query to Amazon opens a Pandora’s box for ecommerce in India

Amazon, Flipkart, and other ecommerce players have enjoyed a merry ride in India, and investments have been pouring in. But now the honeymoo...

  • September 17, 2014
  • at 4:59 pm
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JD invests in Daojia

Ecommerce titan JD cooks up $50 million in funding for startup food delivery service

Online food delivery service Daojia has pulled in US$50 million in series D funding from a major backer, the startup revealed today.

  • September 17, 2014
  • at 10:58 am
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Seeing strong demand, Alibaba raises share price range for this week’s IPO

Seeing strong demand, Alibaba raises share price range for this week’s IPO

Today Alibaba amended its SEC filing to indicate that the Chinese ecommerce titan will likely debut somewhere between $66 and $68 per share.

  • September 16, 2014
  • at 9:57 am
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