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Here are today’s top ecommerce news.

1. Taobao is officially back on the USTR “notorious markets” list

The US Trade Representative (USTR) has put Alibaba’s C2C platform, Taobao, back onits “notorious markets” list. Being included on the notorious markets list is a black mark, suggesting that a company is guilty of allowing rampant piracy and IP theft, but it doesn’t come with any sort of sanction and it isn’t likely to affect Taobao’s day-to-day business.

Seemingly, USTR was getting pressure from both sides while making this decision. After submitting a public draft of its report for comments this summer, numerous trade groups appealed to the USTR to put Taobao back on the list.

Read the rest of the story here.

 

2. Amazon has injected $296 million into its Indian unit

A report in The Economic Times says Amazon is estimated to have spent more than Rs1000 crore last month to woo customers with special offers and discounts for the festive season, and is losing about Rs600 crore every month.

Amazon entered India three years ago, introducing some of its global programs this year including its Prime service, which offers quicker deliveries and early-access deals. All this is an attempt to knock Flipkart out of its reigning position.

Read the rest of the story here.

 

3. Singapore-based fintech investor Senjō Group acquires UK payments company Kalixa

The acquisition will allow Senjō Group to extend its reach into European markets. For Kalixa, the deal enables it to leverage on Senjō Group to broaden its network in Asia, as well as other regions within the global payments company’s portfolio.

The transaction is expected to be completed by Q1 2017.

Read the rest of the story here.

Before you dive into the Halloween candy craze, check out the headlines you should know for today.

 

1. Amazon says India investments showing results, but drain on global margins

Amazon’s finance chief also indicated that the company would continue to add resources to India. Over the past two months, Amazon has outsold Flipkart in terms of monthly sales, but Flipkart continues to be ahead of Amazon.

Read the rest of the story here.

 

2. Rumor mill: Lazada in talks to buy Southeast Asia grocery delivery startup Redmart?

Lazada, under Alibaba’s stewardship, is in advanced talks with Redmart, a Singapore-based grocery delivery service, to buy the company. Redmart is said to prefer an investment, but one source told us that an acquisition priced between $30-40 million could be agreed and announced as soon as this week.

Read the rest of the story here

 

3. The realistic future of AI for ecommerce

The days of negative revenue and buying market share in Southeast Asia are quickly coming to an end, and sustainable e-commerce is going to require a focus on user experience.

Read the rest of the story here

 

4. Amazon takes aim at Alibaba by bringing Prime to China

Amazon has launched a tailored version of its Prime service in China to tap consumer demand for overseas goods, putting the U.S. online retail firm in closer competition with local rivals Alibaba and JD.com.

Read the rest of the story here

 

1. Flipkart, Amazon, Snapdeal claim record volumes this festive sales season

Although, Flipkart and Snapdeal’s sale has one more day  (Thursday) to conclude their 5-day sale, it appears so far that the online retailers have bettered sales expectations. Sales numbers of these online entities would come in later, but one interesting feature has been that the online discounts have seen enthusiastic shoppers from tier II and tier III cities. Read the rest of the story here.

 

2. Ecommerce firms offer new hope for property market

E-commerce firms, such as Lazada and Zalora, continue to expand their offices although they still rent small spaces. Read the rest of the story here.

 

3. WeChat’s new ‘mini’ app allows brands to test the waters before launching an individual account/app

The introduction of the Mini Program also presents a new opportunity for merchants: it would be a new distribution channel for brands, becoming yet another competitor among e-commerce giants like Alibaba andJD.com. WeChat will now become a platform that combines and connects almost every aspect of life. 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 some of the ecommerce headlines you should know from this weekend

1. Singapore’s ‘sustainable ecommerce’ startup Refash raises seed funding

 Singapore-based Refash is a place for people to “recycle” unwanted clothes  has raised a $294,000 seed round. The funding round was led by Singapore’s Tri5 Ventures and joined by Malaysia-based Tinkbig Ventures and an angel investor who was not named. Read the rest of the story here.
 

2. Amazon and Flipkart are going head-to-head in India’s biggest sale period

Amazon, Flipkart, and Snapdeal are now standing on the brink of what analysts think could be a defining point for the country’s online shopping industry, as discounts go down and sales flatten.  The pressure is piling on Flipkart, which has to defend its turf as market leader. Read the rest of the story here.
 

3. Hello Health enters Malaysia, launches HelloDoktor.com

The website, the company says, is tailored for Malaysians and will help to educate them on health issues and find answers to all their health dilemmas. Read the rest of the story here.
 

4. DTAC calls for spectrum roadmap

The roadmap would allow operators to efficiently plan their investments in line with technological development and demand for high-speed mobile broadband internet. Read the rest of the story here.

Read on for the key headlines you may have missed today.

1. Flipkart partners with India’s Yes Bank to launch digital wallet, PhonePe

The company is launch what its calling India’s first unified payments interface based mobile payments app, which will allow users to transfer money between banks and bank-to mobile wallet using only a few identifiers. Read the rest of the story here.

 

2. POST Luxembourg sign strategic agreement with SingPost

POST Luxembourg and Singapore Post have signed a strategic collaboration agreement to provide comprehensive end-to-end ecommerce logistics solutions between Asia and Europe. Read the rest  of the story here.

 

3. WeChat used to facilitate chats between Hong Kong online insurance sellers and Mainland Chinese

As agents fear increased scrutiny by Chinese regulators, they’re shifting to quieter practices such as general posts on social media, instead of organizing public seminars and other more direct methods used previously on the mainland. Read the rest of the story here.

 

4. Thailand’s connected smart device market has reached a saturation because of a delay in product replacements 

The only driver for smartphone sales is fierce competition among mobile operators, driving prices lower to attract new customers to migrate to fourth-generation (4G) wireless service. Read the rest of the story here.

 

5. Thailand 4.0 boosts IT spending among sectors

Thailand”s public and private sector have been investing in ICT software, instead of focusing on hardware purchases. Read the rest of the story here.