Posts Categorized: Ecommerce


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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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Will Tencent buy a stake in China’s second-largest e-store? So far, signs point to yes

Amid swirling rumors that Tencent (HKG:0700) is keen to boost its flagging e-commerce operations by taking a stake in the Amazon-esque JD, t...

  • February 27, 2014
  • at 7:30 pm
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SM Mall of Asia PH

After creating biggest chain of malls in Philippines, SM plans to conquer e-commerce

Philippines’ SM Investments, the owner of the largest chain of malls in the country, is now preparing to jump into e-commerce. SM Investme...

  • February 27, 2014
  • at 2:00 pm
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New Food Runner

FoodPanda rival FoodRunner acquires delivery company to jump-start Philippine expansion

Food Runner, which says it’s the number one online food delivery service in Southeast Asia by revenue, announced that it has acquired ...

  • February 27, 2014
  • at 12:00 am
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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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lamudi_real-estate

Rocket Internet’s real estate classifieds site Lamudi arrives in Indonesia

Lamudi currently has over 2,700 listings on the Indonesian site. It faces stiff competition in the country from PropertyGuru’s Rumah.com a...

  • March 3, 2014
  • at 4:20 pm
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Paysbuy payment service dtac

Online payment provider Paysbuy celebrates 10-year anniversary and plans to launch 4 new services

E-commerce is really big in Thailand. Even with the ongoing political protests, the sector isn’t slowing down. Although 2013 was a year of...

  • February 27, 2014
  • at 5:57 pm
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eBay investment in SnapDeal

Ebay leads $134 million investment in Indian e-store Snapdeal

Indian online marketplace Snapdeal has confirmed its biggest ever funding round, worth US$133.77 million. US-based eBay (NASDAQ:EBAY) led th...

  • February 27, 2014
  • at 1:15 pm
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china train cny smartphone mobile

China’s Qunar sold 250,000 air tickets in one day for Chinese New Year

Chinese travel booking site Qunar (NASDAQ:QUNR) sold a quarter of a million plane tickets in a single day for Chinese New Year, compared t...

  • February 26, 2014
  • at 6:13 pm
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