A week ago, word was out that Flipkart raised $700M. Now, another homegrown rival, Snapdeal, gets a booster shot to battle Amazon.
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.
Online store Jiuxian, China’s top wine and beer ecommerce startup, this week revealed it has secured RMB 500 million (US$80 million) in series G funding.
In China, online shopping done on smartphones and tablets will reach US$334 billion in 2015 – a record high 49.7 percent of total ecommerce expenditure.
If you want to sell online in Indonesia, you’d be a fool to ignore mobile commerce. Here’s a list of some of popular local apps anyone can use.
The spread of mobile apps and rise in online hotel bookings are the main drivers of this surge.
This week: big rounds for ecommerce outfits in Indonesia (HijUp) and across Asia (Qoo10). Plus, Netease launches a new program to help fund indie gaming startup...
ShopAtPlaces bagged funding from Indian Angel Network to get you regional specials from different parts of India.
The Muslim fashion startup claims to be growing fast, and this is the second funding round it has closed in the last six months.
The funding round was led by Singapore Press Holdings, making it a new strategic partner for Qoo10.
After being criticized by an American group for not doing enough to fight counterfeits, Alibaba pushes back that they're not doing enough to learn Chinese.
Joybynature, an Indian estore of organic products, bagged $1 million in pre series A round of funding.
An inside look into whether Indonesia is starting an ecommerce boom and bust cycle similar to that of India or the likes of the notorious US dot-com bubble. ...
Chinese ecommerce giant JD was one of the investors to buy into this week's $30M series B round in Xiachufang, an online cooking community that is also becoming...
Berlin-based startup Glispa has been working with Asia’s ecommerce giants Alibaba, Flipkart, and Zalora to boost their user acquisition. Today it brings its nat...
NewsHunt, an app for newspapers and ebooks, will now show online shopping recommendations to users.
A commission-free platform would mean better profit margins for sellers. Buyers get a more reasonable price.
Global retail giant Target has been picking innovative Indian startups for a four-month accelerator program at its Bangalore center. Its third batch was reveale...
MySmartPrice, a Hyderabad-based price discovery and comparison search engine, today announced that it raised US$10 million in series B funding from Accel Partne...
This Singapore startup’s acquisition means a lot for the tech ecosystem.