Posts Categorized: E-commerce


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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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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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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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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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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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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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