Ready to start your weekend? Check out these ecommerce headlines first.

1. E-wallet services boom at airports for Chinese tourists

International airports have become the new battlefield for the country’s top internet companies as they gear up for over-seas expansion by providing Chinese outbound travelers with more e- wallet services. Read the rest of the story here

 

2. Paytm plans to build a mini bank inside its app

Paytm’s got challengers on all sides. With its ecommerce site, it competes with Amazon India, Flipkart, and Snapdeal. When it comes to money, it puts up against rapidly evolving banks, including the newly released Unified Payments Interface that lets people transfer money with a single identifier. Read the rest of the story here.

 

3. Thailand to get ‘Samsung Pay’ this year

The banks and card issuers already confirming their support for the service are Krungthai Card Co, Citibank, Kasikornbank, Bank of Ayudhya, Siam Commercial Bank and Bangkok Bank. Read the rest of the story here.

 

4. Ten airports introducing Alipay for Chinese tourists

Alipay’s new “Future Airport” program will launch at  Munich Airport, Singapore Changi Airport, Narita International Airport in Tokyo, Kansai International Airport in Osaka, Seoul Incheon International Airport, Auckland Airport, Suvarnabhumi Airport , Hong Kong International Airport, Taoyuan International Airport and Macau International Airport. Read the rest of the story here.

 

1. Chat app Line backs VC funds to unlock global growth opportunities

 In an announcement, the company said these investments are designed to pave the way for it to move beyond its focus on Asia and grow its current 218 million monthly active user base. Read the rest of the story here.

 

2. Why Indonesia’s mobile market is attracting international companies and talent

E Market Research estimates that revenue from the mobile entertainment market will grow to a staggering US$845 million in 2016. The mobile boom has also fuelled Indonesia’s ecommerce growth, making it rise from US$12 billion in 2014 to US$18 billion last year. Read the rest of the story here.

 

3. Thailand, China to cooperate in five new areas to drive growth

The new areas are basic infrastructure with technology, new industries, information technology and communications, science and technology, and alternative energy. Read the rest of the story here.

 

4. How Sephora’s new Android shopping app expands its education-driven monetization

Sephora’s latest mobile offering is an Android application that enables users to shop its inventory, scan products in-store to access how-to tutorials and watch videos, underscoring the beauty giant’s efforts to drive commerce with education-based content. Read the rest of the story here.

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.

Here’s what you should know before you settle into your work routine:

 

1. Citi and Lazada Team Up On Ecommerce

This partnership will be launched in Indonesia, Malaysia, the Philippines and Thailand in October ahead of Lazada’s “Online Revolution” campaign, the largest online shopping event in the region happening from Nov. 11 to Dec.12.  Read the rest of the story here.

 

2. 5 out of 10 most valuable Chinese brands in 2016 are ecommerce related

Taobao, Baidu, Tencent, Tmall and Wechat (counted independently) made the top ten list. Read the rest of the story here.

 

3.  Consumers Across Asia Pacific Turn to their Mobiles in Moments of Need

85% of Thais have bought a brand they would not normally consider, because of finding the relevant information at the right moment on their phones. See the infographics here.

 

4. Tencent is building sub-apps within WeChat

In effect, it could turn WeChat’s app into a sort of operating system within an operating system, a one-stop app that users would rarely have to leave to use other mobile apps. Read the rest of the story here.

Here’s a quick recap of ecommerce news for today.

 

1. Thailand’s price comparison Priceza raises Series B to double down on Southeast Asia

The company claims a combined 13 million visits per month across its markets and says that Thailand and Indonesia are its biggest ones. In Thailand, it has 7.5 million monthly active users across its website and mobile app. Read the rest of the story here.

 

2. Youtube tackles slow internet in emerging markets

Although not directly ecommerce related, Youtube is launching ‘YouTube Go’ to serve those with slow internet connections in emerging markets, starting with India. This follows a string of similar initiatives rolled out by Google to improve connectivity. The platform will aim at being ‘offline first’. Read the rest of the story here.

 

3. HSBC’s new “Future of Consumer Demand” report highlights how millennials use tech 

According to the report, consumers no longer want to buy things, but focus on ‘sharing economy’ instead. This may result in how ecommerce will have to change and adapt to evolving consumer trends. Read the rest of the story here.

 

4.  Uber-owned Otto to offer freight hauling services using autonomous trucks in 2017

The technology remains under development, but with Uber’s considerable resources now on board, Lior and his team aim to begin working with warehouses and stores to partially automate the driving process and generally improve efficiency. Read the rest of the story here.

 

5. Indian ecommerce war hotting up: Walmart in talks to invest up to $1B in Flipkart

Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in ecommerce, according to a person familiar with the matter. Read the rest of the story here.

Here are this morning’s ecommerce headlines to start your day with:

1. Ecommerce growth and tax reductions expected for Thailand

According to a report by the Electronic Transactions Development Agency (ETDA), business-to-consumer (B2C) ecommerce can expect to see the highest growth with 43% followed by business-to-business (B2B). Read the rest of the story here.

2. DHL gears up as Southeast Asian ecommerce gathers pace

New research from Frost & Sullivan predicts ecommerce growth in the six largest countries will increase by 17.7% a year. Malaysia and Thailand were the largest markets in 2015 with revenues of $2.3B and $2.1B respectively, while overall the market was worth $11B. Read the rest of the story here.

3. Jokowi calls for deregulation in e-commerce

The President further said ecommerce could assist 56 million small and medium enterprises (SMEs), which contributed about 55% to the country’s gross domestic product (GDP). Read the rest of the story here.

4. Amazon’s Newest Ambition: Competing Directly With UPS and FedEx

To constrain rising shipping costs, the online giant is building its own delivery operation, setting up a clash with its shipping partners. Read the rest of the story here.