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Still reeling from the weekend? Check out today’s ecommerce headlines.

1. FedEx Trade Networks expands Into Malaysia with Penang office

With our network stretching into Malaysia, we are well positioned to proactively respond to customer needs and support them in simplifying the complexities of international shipping,” said Udo Lange, executive vice president and COO, FedEx Trade Networks.

Read the rest of the story here

 

2. Black Friday online sales to hit a record-breaking $3 billion, over $1 billion from mobile

Black Friday is on track to set a new record by surpassing the $3 billion mark for the first time. It’s also expected to become the first day in U.S. retail history to drive over a billion dollars from mobile sales.

“The negative impact on online shopping we saw following the election has not been fully made up, but consumers are back online and shopping,” said Tamara Gaffney, principal analyst and director, Adobe Digital Insights, in a statement. “As spending ramps up on Black Friday, we are back on track. We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with $3.36 Billion.”

Read the rest of the story here

 

3. What WeChat teaches about the power  of social commerce

Amazon is a minor player in China, with about 1% of the local e-commerce market. To drum up interest in its products imported from the U.S., Amazon just put a video ad on WeChat, the all-purpose mobile app, with a link guiding people to its online shop.

“WeChat marketing is completely different. It’s a test of your patience and your faith as well. You need to allow it to burn, to travel. Then it will take off.” Says Bessie Lee, CEO of WPP China.

Read the rest of the story here

 

4. It’s ‘Cyber Monday’ in America

A survey released on Sunday by the National Retail Federation and Prosper Insights & Analytics estimates that some 122 million Americans will shop online on Cyber Monday. That’s up only slightly from last year’s 121 million shoppers.

Read the rest of the story here

DHL Express Japan expaanding its warehouse

Source: telegraph.uk

DHL Express unveiled a new $74 million, 215,278 square foot warehouse at Shin-Kiba in Tokyo, more than double its space in the city, to fill in the gap in the modern warehousing in Japan following the fast-growth of ecommerce industry in the country.

This is also to anticipate the increasing demand for international shipping, particularly from China and Southeast Asia.

There was also a pressing need to support [Japan] domestic companies focusing on international markets.

“Business expansion in overseas markets, especially in emerging countries, has now become the critical part of growth strategies for many Japanese companies,” Taketo Yamakawa, president and representative director of DHL Japan added.

This rising demand has led to strong sustained volume growth in DHL Express Japan over the last few years — the previous Tokyo Distribution Center facility had already reached full capacity. With the relocation, the DHL Express Tokyo distribution center will be converted into the DHL Express Tokyo central service center. This service center will subsequently become DHL’s largest in Japan.

Japan’s Footprint in Southeast Asia Ecommerce

Both Southeast Asia and Japan are experiencing fast-growth in their respective commerce industries, both favoring the marketplace model, but the similarities end there. The track record of Japanese companies in Southeast Asia is not a sterling one.

While Japanese electronic commerce and Internet company based ecommerce marketplace Rakuten successfully dominated its home market, the same could not be said to its presence in Southeast Asia as the company shut down its operation in three countries earlier this year. Sumitomo Corp, a Japanese trading company, also started the year by selling its ecommerce site soukai.my to Malaysian company Hermo.

A version of this appeared in Journal of Commerce on June 29. Read the full article here.