e-commerce

e-commerce Archives - Page 3 of 15 - Inside Retail Asia

Chinese fresh fruit flagship debuts online

China Fruits Corporation is entering the e-commerce market. The China-based producer and distributor of fresh fruit is to open a flagship store in Tmall, an online marketplace owned by Alibaba Group. CEO Quanlong Chen said the huge traffic and high user trust of Tmall could enable them to make a major breakthrough into the domestic fruit e-commerce. The company will further expand its fruit e-commerce business to B2C platforms like JD.com, Yhd.com and major group-buying websites. Whi…

Indonesia’s great potential for B2C e-commerce

The potential for B2C e-commerce growth in Indonesia is among the highest in the world. With high double-digit annual growth rates, it is the second fastest growing B2C e-commerce market worldwide, according to a study by researcher yStats.com. Consumer optimism there also ranks among the highest in the world. The main challenge to the implementation of the expected growth is the lack of infrastructure for e-commerce in the country, especially with regard to logistics and payment, it repor…

Digital wallets gain favour in China

Burgeoning e-commerce market is driving the use of digital wallets in China. Researcher Forrester says the growth is also attributed to the growing penetration of smartphones and mobile payment technologies. Aggressive promotional efforts by e-commerce giants Alibaba and Tencent, financial institutions and mobile operators also play a key role in encouraging the use of digital wallets via their online platforms. Senior analyst Vanessa Zeng says with the strong growth potential of digita…

Four key offline rules to maximise online sales

By Athena Koutsonikolas Asians love to shop – it’s almost cultural in markets like Hong Kong, Malaysia, Singapore and Thailand. But with an offline shopping culture so ingrained in the DNA of the consumer mindset, how can retailers be sure to optimise their online sales? A recent infographic by web design company Go-Globe, illustrates Asia’s e-commerce sales are expected to increase to over half a trillion US dollars by 2017. But after attending the Retail Asia Expo in Hong Kong a cou…

China set to take B2C lead

China is now ranked as having the world’s greatest B2C e-commerce market potential. Researcher yStats.com said there will be more than 500 million online shoppers in China by 2017. It says the world’s most populous country is already the second largest B2C e-commerce market worldwide and the fastest growing. Its potential for further growth of online retail comes from the growing Internet and online shopper penetration, as well as increasing consumption per shopper. In 2013, B2C e-c…

South Koreans like US brands

US retailers seeking to grow their businesses with online shoppers overseas should look to South Korea. According to Borderfree, a specialist in international cross-border e-commerce solutions, South Korea is a standout market based on its strong currency, demonstrated zeal among consumers for shopping online, broad access to credit cards for online payments and world leadership in broadband speed and penetration. “South Korea presents one of the best opportunities for American retailers…

FMCG e-commerce set to soar

Online sales of fast moving consumer goods (FMCG) will rise by nearly 50 per cent by 2016. Kantar Worldpanel anticipates that e-commerce will account for $53 billion of the global FMCG market by 2016 – an increase of $17 billion (47 per cent) on the current $36 billion. And it says Asia will be the next major growth market. South Korea will continue its lead position with online accounting for 13.8 per cent of FMCG sales by 2016. Today, 55 per cent of Korean shoppers buy online, an ex…

Alibaba strengthens logistics

Chinese e-commerce giant Alibaba has partnered with China Post to strengthen its logistics capability. China Post has 100,000 service points across China, which can support Alibaba’s booming e-commerce businesses in the nation. “China will see the emergence of online platforms that can handle transactions of more than 10 trillion yuan ($1.63 trillion) a year. We need to make sure the development of a logistics system in China can support the surging development of e-commerce,” said Alibaba…

[:en]Flipkart eyes Alibaba as model[:zh]Flipkart欲成为印度的阿里巴巴

[:en]Flipkart co-founder Sachin Bansal says China and India’s online retail markets are similar, and he is confident of replicating the success of the Chinese giant. “What’s happening in China is inspiring – it’s bigger than anything in the US,” said Bansal. Online shopping is rising in the country as consumers seek more convenience to buy. And mobile shopping is accelerating the trend, with up to 30 per cent of e-shopping now are done through smartphones by shoppers from 15 to 3…

[:en]Reliance marries online and offline[:zh]Reliance推出在线和离线整合业务

[:en]India’s Reliance Retail plans to expand its retailing businesses online. The retailer, with 1691 stores in 146 Indian cities, plans to launch an e-commerce portal integrating online and offline shopping, for launch as early as this year. “Since they have a large network of stores, they will enable shoppers to place orders anywhere and get it delivered anywhere they like,” said sources. Its move to join the e-tail bandwagon comes at a time when the e-commerce market is hea…

[:en]Tmall China’s best website design[:zh]中国最佳网站设计—天猫商城

[:en]Tmall has been named China’s best website by design.A survey conducted by digital marketing firm Web Presence revealed transparency is the single most important factor in Chinese website design.An astonishing 83 per cent of respondents listed transparency in product and terms as the most important factor in a commercial website’s design. Other factors, such as engaging imagery, varied multimedia, and brand history placed far behind.And according to 10,000 Chinese online shoppers surveyed …

[:en]Soaring e-commerce boosts logistics sector[:zh]飞涨电子商务助力物流业

[:en]Asia Pacific’s logistics industry booming on the back of soaring e-commerce, reports CBRE.Another key driver is the increasing expansion of organised retail and chain stores across the region. Private consumption is on the increase and there are growing middle-class populations in many countries in APAC. This is driving a continued trend for the development of well-organised shopping malls to support retailer expansion in APAC, including the build-out of store networks and the set-up of sup…