Posts Categorized: Ecommerce


byecity thumb

China outbound visa service ByeCity secures $20 million from Alibaba, CBC Capital

ByeCity, a travel service for Chinese nationals needing a visa for outbound trips, announced today that it secured US$20 million in a seri...

  • March 13, 2014
  • at 4:50 pm
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wechat tencent credit card

Virtual credit cards boom in China as Tencent issues one for WeChat users

Within 24 hours of Alibaba announcing it would hand out one million “virtual credit cards”, rival web giant Tencent (HKG:0700) reveal...

  • March 12, 2014
  • at 1:30 pm
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david goliath paipai

After JD deal, a little-known online marketplace could be Tencent’s secret weapon against Alibaba

Many analysts view Tencent’s new 15 percent stake in China’s largest B2C marketplace JD (a.k.a. Jingdong) as a landmark move i...

  • March 11, 2014
  • at 9:00 am
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Pictalogi turns your online photos into printed albums

Photography has grown from being just something you do to save your memories to a real-time method of sharing your experiences with your fri...

  • March 10, 2014
  • at 1:40 pm
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tencent-penguin-large

Tencent radically shakes up its ecommerce strategy as it takes a 15 percent stake in Alibaba rival JD

Tencent (HKG: 0700), the tech giant behind China’s QQ and WeChat messaging apps, is radically shaking up its ecommerce operations by formi...

  • March 10, 2014
  • at 11:07 am
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Haystakt Projects sample

This crowdfunding site also lets sellers crowd-price their products

Crowdfunding has become an important means for startups to gauge interest and to get capital. While there are many attempts to harness the i...

  • March 7, 2014
  • at 2:00 pm
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Viber app

Rakuten wants to see Viber getting a million new users per day

Last month, Rakuten (JSD:4755) acquired Viber messaging app in a $900 million deal as the Japanese ecommerce titan tries to diversify and be...

  • March 6, 2014
  • at 2:50 pm
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You can now pay for your coffee inside WeChat as brands get permission to do purchases in the app

Starting today, Chinese consumers will be able to buy almost anything inside WeChat

WeChat, the popular messaging app made by Tencent, is pushing even further into mobile commerce territory. Today Tencent (HKG:0700) added su...

  • March 5, 2014
  • at 1:36 pm
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elevenia thumb

Telcos join forces to launch Indonesia’s newest e-commerce marketplace

One key difference between Elevenia and the other marketplace sites is that Elevenia, while free-to-list, takes commission from its merchant...

  • March 4, 2014
  • at 12:00 pm
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Asia online shopping spending 2014 and 2015

These numbers from Asia’s half-trillion dollar ecommerce market will blow your mind (INFOGRAPHIC)

Take the world’s most populous continent and combine it with one of the best things about the internet and you have a recipe for huge ...

  • March 12, 2014
  • at 4:24 pm
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alibaba credit card citic bank

Alibaba will hand out 1 million virtual credit cards next week

Alibaba’s third-party payment system Alipay next week plans to issue one million “virtual credit cards,” according to the company&...

  • March 12, 2014
  • at 11:44 am
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mobil123-logo

With new $6.5 million, car classifieds site Mobil123 gets more aggressive in Indonesia

Mobil123 is arguably Indonesia’s leading car classifieds site.

  • March 10, 2014
  • at 2:09 pm
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koovs screenshot

Indian fashion estore Koovs files for London IPO to keep pace with Myntra

Koovs, an online fashion store in India, has filed for an initial public offering on London’s junior stock market AIM. The company aim...

  • March 10, 2014
  • at 12:59 pm
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Flipkart

India’s Flipkart sells $1 billion worth of stuff one year ahead of projections

Indian e-store Flipkart announced yesterday it surpassed $1 billion in gross merchandising volume, according to NextBigWhat. Despite slow...

  • March 7, 2014
  • at 5:30 pm
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Xiaomi Mi3 in black

Xiaomi’s Mi3 sells out in 2 minutes in Singapore debut, but no word on how many phones available

Xiaomi started selling its flagship phone, the Mi3, in Singapore today. As Xiaomi prefers to sell via online flash sales, the first batch of...

  • March 7, 2014
  • at 1:19 pm
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singpost sp ecommerce delivery

Here’s SingPost’s grand plan to rule ecommerce in Asia

Update (March 7): The article previously stated that SingPost’s annual profit was US$29.4 million. That is incorrect. It is US$111 mil...

  • March 5, 2014
  • at 5:59 pm
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elevenia-tokopedia

Tokopedia and new rival clash over battle for online merchants

“From my side, the unethical part is not stealing the [merchants] - the unethical part is luring our merchants with false information that...

  • March 4, 2014
  • at 5:00 pm
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clout shoppe

SingPost sells its online luxury goods store to Reebonz

SingPost is bidding sayonara to Clout Shoppe, an online luxury goods store it started in 2011. It has sold the business to Reebonz, a compan...

  • March 4, 2014
  • at 10:09 am
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