Latest eCommerce News - Inside Retail Asia

Alibaba adds 20 million users; sales surge 42 per cent

Alibaba Group boosted second-quarter revenues by 42 per cent, as the number of active users on its e-commerce sites grew by 20 million.

Shopee signs Cristiano Ronaldo

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

Sephora Hong Kong confirms September opening and promises new brands

Sephora Hong Kong will open its new flagship store at IFC mall in “early September” the company announced yesterday.

Online jeweller WP Diamonds opens in Asia

Online jewelry platform WP Diamonds has launched in Asia with the opening of its first office in Hong Kong.

Alibaba may buy Kaola from Netease

Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.

Strong interest in Asia, but little action: report

More than 80 per cent of Australian businesses have Asia on their radar, but most are failing to generate significant revenue from Asian markets.

JD exceeds revenues projections and posts a profit

Chinese e-commerce giant JD exceeded revenue expectations in the June quarter, net sales up by 23 per cent to US$21.28 billion.

South Korean chains stop selling DHC products after offensive YouTube slur

South Korean health-and-beauty stores have suspended sales of products from Japanese beauty firm DHC Corp, after the company made offensive remarks about Koreans.

Reebonz launches on Ebay

Online luxury marketplace and Asia-Pacific platform Reebonz has launched a store on Ebay.

Nestle starts selling Starbucks-branded coffee in China

FMCG giant Nestle started selling Starbucks-branded coffee in Mainland China today, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards. Nestle last year paid US$7.15 billion for exclusive rights to sell the US chain’s coffees and teas globally, and began selling Starbucks-labelled products in Europe, Asia and Latin America in February.

JD boosts stake in Tiki Vietnam

Chinese online giant JD has become the largest shareholder in e-commerce platform Tiki Vietnam.

Mama’s Choice launches in Indonesia

Halal-certified parenting-product firm Mama’s Choice has launched in Indonesia.

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