The retail market in Indonesia is estimated at US$134 billion per year, of which only 0.7 percent – worth US$1 billion – is facilitated online. That’s still mic...
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.
Fast forward 15 years, it’s hard to believe that the consumer transaction volumes of Alibaba Group now surpass the worldwide sales of eBay and Amazon combined.
Hoping to stop the vitriol being poured on it in social media by furious consumers, Flipkart has come out with a profuse apology, acknowledging what had gone wr...
Flipkart's #BigBillionDay was trending on Twitter in India, but mostly for the wrong reasons. Yet, it claims to have achieved a sales target of $100 million in ...
IBuy stocks rose to almost A$0.70 in March before tumbling down to A$0.19 on October 3. Why is this so?
A nimble startup is targeting a blind spot of India’s ecommerce giants, and pulling the rug from under their feet
While the big cats of ecommerce fight it out for leadership stakes in India, a jackal may run off with the spoils - mobile commerce innovator Paytm.
Rakuten has partnered with 12 retail companies, including convenience stores and department stores, to bring its point service offline.
VinEcom is a US$50 million project under the auspices of Vingroup, Vietnam’s top real estate company. Vietnam's richest billionaire, Pham Nhat Vuong, is leading...
After spending 10 years to establish themselves in Malaysia, the time has come for Presto to challenge the region's big players.
Tencent has paid over US$830 million to accumulate this stake in 58.com, which is China’s answer to Craigslist.
Fablic joins Mercari as flea market services raising hefty rounds.
A group of Pakistani entrepreneurs is taking to Kickstarter today to turn their startup idea into a fashion brand.
Alibaba's hotly anticipated IPO just debuted at $92.70 per share. It's now valued at about US$230 billion.
Alibaba today confirmed it’s setting a share price of $68 ahead of its IPO on the New York Stock Exchange. Alibaba lists shortly after the US markets open for F...
The rush to do ecommerce in China is speeding up thanks to the record-breaking Alibaba IPO.
Of course, the Alibaba chairman – and former CEO – holds a lot more shares. In total Ma has an approximate six percent stake in Alibaba.
Jualo is an Indonesian ecommerce business that launched in January 2014. The site lets users locate goods for sale that are just around the corner using a built...
Tiger Global coming on board as an investor will improve the odds of Indian startup Quikr in its battle with Argentina-based OLX.