Also, Tencent's profits reached RMB 23.9 billion (US$3.9 billion), up 53 percent year-on-year.
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.
This Chinese startup will help you try on clothes online by 3D-scanning your body, and it just got funded
I recently decided it was time to upgrade my wardrobe – I’m pushing 30 and my closet was filled with altogether too many graphic tees. I do most of my shopping online, so that’s where I went to buy so...
Earlier restricted to mainly restaurants and cafes, delivery services in Pakistan are fast evolving.
Macquarie Indonesia recently held an elite gathering of telco and ecommerce professionals. There was an avalanche of data, but here are the key takeaways.
Frilp - a combo of ‘friends’ and ‘help’ - uses advanced algorithms to suggest the shops or services you need, based on recommendations from friends on your social networks.
99fenqi, which translates to "99 installments", is the latest Chinese startup to join the race to sell smartphones, cameras, and laptops on rent-to-own plans.
Rakuten inches closer and closer to accepting Bitcoin in Japan.
We pulled the data and came up with a list. The sites have to be located in and operating from Thailand. They're ranked by estimated desktop visits in January.
Lippo Group’s latest ecommerce venture blows its nose with Benjamins, and claims a localized advantage over any other online retailer in the archipelago.
Sometimes bitter rivals can be bedfellows, too.
Mobile innovator Paytm now has biz tycoon Ratan Tata in its corner to take on India’s ecommerce leaders
Alibaba’s financial affiliate Ant Financial has a 25% stake in Paytm, and now Ratan Tata who heads US$100 billion Tata group of companies has also picked up a minority stake in this mobile commerce in...
The inflow of fresh capital will help continue the upward trajectory that Ensogo CEO Kris Marszalek claims it is on.
Rocket Internet’s online food ordering service Foodpanda revealed today that it has secured US$110 million in funding – far and away its biggest investment to date.
Lazada Group’s CEO Maximilian Bittner gives a statement about the future of both ecommerce sites.
The small business directory now has investors from three different countries, and plans to grow its tech offerings and expand to new cities.
With seven co-founders and pre series A cash in hand, HappyFresh aims to change the way people stock their cupboards by avoiding traffic in Southeast Asia.
Chinese authorities will be able to punish shop vendors who pay for fake product reviews on their sites starting next week. But collecting enough evidence to prove their crime won't be easy.