Posts Categorized: Ecommerce

New-Jingdong-Logo

Despite running at a loss, JD valuation jumps to $15.7 billion ahead of US listing

JD.com (a.k.a. Jingdong) updated its SEC prospectus today, showing the company’s equity valuation nearly doubled since December to U...

  • March 21, 2014
  • at 12:04 pm
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locondo

For this entrepreneur, losing co-founders was a blessing in disguise

Founded in 2010 by Yusuke Tanaka and three other founders, Locondo is one of the largest ecommerce sites selling shoes in Japan.

  • March 20, 2014
  • at 4:03 pm
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Tencent earnings report

Tencent: $3.15 billion in profit in 2013 as company shifts focus to mobile, ecommerce

China’s Tencent (HKG:0700) has just published its Q4 and full-year 2013 earnings report, full of financial details and user numbers fo...

  • March 19, 2014
  • at 6:59 pm
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OLX-Sulit

Philippines’ classified ads site Sulit rebrands to OLX

Philippine classified ads leader Sulit officially announced today that it has rebranded to OLX, moving from the Sulit.com.ph URL to OLX.ph. ...

  • March 19, 2014
  • at 10:04 am
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halal-trip-thumb

HalalTrip wants to be every Muslim’s handy travel guide

Launched in December, HalalTrip will sell three travel services to Muslims online: the booking of flight tickets, hotels, and tour packages ...

  • March 17, 2014
  • at 7:30 pm
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Darjeeling tea - Teabox

India’s Teabox gets funding to ship tea direct to your doorstep

India is the world’s second largest tea producer, yet it lacks any homegrown premium global tea brand that truly puts the country on t...

  • March 17, 2014
  • at 12:33 pm
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alibaba-group

Alibaba issues statement, set to IPO in New York

A statement issued by Alibaba today confirms that the ecommerce company will not go public in Hong Kong. Rather it is in process to IPO in t...

  • March 16, 2014
  • at 3:49 pm
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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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BITCOIN-PHILIPPINES

2 Philippine daily deal sites to accept Bitcoin payments via Coins.ph

Coins.ph launched in the Philippines last year offering a Bitcoin trading platform in the country. Following this, it is now set to provide ...

  • March 20, 2014
  • at 8:09 pm
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14 Hong Kong fashion shopping sites

14 online fashion stores, from cheap to couture, for Hong Kong shoppers

Hong Kong is known for its shopping and for being a hip and fun place – yet it’s still surprising just how mant diverse and awes...

  • March 20, 2014
  • at 3:05 pm
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maimaibao thumb

Tencent invests in a mobile commerce site for low-income feature phone owners

Chinese mobile commerce retailer Maimaibao announced it received an undisclosed amount of funding led by Tencent and followed by MediaTek ...

  • March 19, 2014
  • at 2:00 pm
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China's central bank considering tough regulations on online payments

After last week’s clampdown, China reportedly considering tough regulations on online payments

Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth of online payments by banning in-person payments made usi...

  • March 18, 2014
  • at 12:56 pm
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sirclo_shot

Build your own ecommerce website with Sirclo

As ecommerce grows, more and more startups want to jump on the bandwagon. A lot of businesses want to have e-commerce websites, whether to s...

  • March 17, 2014
  • at 3:30 pm
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suvaco room

With 8,000 designs in its portfolio, Japanese home design marketplace raises $1.2 million

Japanese home design marketplace Suvaco announced (PDF) over the weekend it raised about US$1.18 million from Fuji Startup Ventures and Mo...

  • March 17, 2014
  • at 11:51 am
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WeChat and Alibaba hit as China bans online payments made using QR codes, virtual credit cards

WeChat and Alibaba hit roadbumps as China bans online payments made using QR codes, virtual credit cards

The People’s Bank of China (PBOC) issued an edict late yesterday that bans two particular things: epayments made via QR codes, and onl...

  • March 14, 2014
  • at 2:10 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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