Before you rush off for your Valentines dinner, here’s what you need to know.

1. Thailand Post benefiting from ecommerce

Thailand Post says revenue from its parcel delivery service including express mail service (EMS) will exceed half of its total revenue in 2019.

Revenue from its parcel delivery service accounted for 42% of the total in 2016.

“The modernisation is not only aimed at serving the booming ecommerce market. The development is also intended to create sustainable revenue streams for us, serve consumer needs and accommodate the government’s digital economy.”Said Samorn Terdthampiboon, President of Thailand Post.

Read the rest of the story here.

 

2. Google Shopping Ads launches in Singapore to close gap between search and purchase

Google Shopping Ads help shoppers find the products they’re searching for and quickly connect with the merchants who sell those products. Shoppers will see them alongside Google Search results on google.sg

 

Retailers can use Google Shopping Ads to promote the products they sell, boost traffic to their website or local store, and find better qualified leads by putting product images, prices, and their business name in front of people searching on Google.

 

Read the rest of the story here.

3. SingPost shares hit by risk of impairment for US ecommerce acquisition

Shares of Singapore  Post fell to more than a five-month low after a US ecommerce firm it acquired in 2015, TradeGlobal, has been performing poorly. SingPost reported that its net profit for the third quarter fell 27.9% to $31.4 million from a year earlier on the back of operating losses in its US ecommerce business, costs related to the new Regional ecommerce Logistics Hub and a fall in domestic mail volumes.

Read the rest of the story here.

 

4. Recommended Reading: With Amazon books , Jeff Bezos is solving digital retail’s biggest design flaw

Technically the stores are still an experiment. But after visiting one it’s clear that this is in some ways an ingenious refinement of the bookstore idea—what Warby Parker is to eyeglasses and Shake Shack is to fast food, Amazon Books is to Barnes & Noble. The store solves one of the biggest problems with online shopping: discoverability.

Read the rest of the story here.

 

Share Your Opinion

comments