ecommerce news

Here’s a round up of today’s key headlines.

1. Japanese investors pump money into Indonesian electronics price comparison site

Jakarta-based price comparison site Pricebook today announced it has completed its third round of funding from two Japan-based firms. KLab Venture Partners led the round, with participation from Aucfan. Read the rest of the story here.

2. TravelersBox expands its services to Chinese tourists

 
TravelersBox is an ATM esque contraption at airports that lets you swap leftover foreign currency to things such as Starbucks, PayPal or iTunes credit. Read the rest of the story here.

 

3. How mobile operators are filling the e-payments gap in emerging markets

Banks are unable to keep up with smartphone ownership and mobile Internet growth in emerging markets. Mobile operators are well positioned to take over the role of banks in emerging markets. They have a monetary relationship with almost the entire population in every country of the world. This gives them the ability to fill the online payments gap. Read the rest of the story here.

 

4. Thai, Chinese firms join for WeChat Pay

ASSET Bright Company, which is listed on the Stock Exchange of Thailand, Thursday announced a partnership with Chinese e-commerce giant Tencent Group to provide WeChat Pay facility to capture Chinese tourist spending in Thailand. Read the rest of the story here.

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