Tech in Asia Archives - Inside Retail Asia

Origami launches payment service

Origami, a social eCommerce startup for fashion and lifestyle products, is entering the offline payments fold.

Ffan: Wanda’s online store goes live

Nearly a year after three giant Chinese companies teamed up to take on Alibaba, the newly-minted eCommerce store finally and quietly launched this week. The site, Ffan, is the result of a billion-dollar joint venture between Tencent, Baidu, and Wanda Group, a conglomerate best known for its chain of movie theatres and malls. The joint venture started with US$814 million in its pocket in August 2014, with Wanda holding a 70 per cent stake, and Tencent and Baidu splitting the remainder even…

Alibaba in $1b eCommerce JV Koubei

Alibaba has invested US$1 billion in a new joint venture called Koubei to invest in new eCommerce businesses, including food delivery.

MAP eMall to reshape Indonesian etailing

MAPeMall prepares for battle in Indonesia’s ecommerce war.

Bitcoin breakthrough

Japanese eCommerce giant Rakuten will start to accept bitcoin, initially in the US.

AirCloset delivers endless wardrobe

A Tokyo subscription service offers time-poor Japanese women hand-picked fashion items, delivered free for a monthly fee. Women may love shopping, but for time-starved professional females and housebound new mothers adapting to round-the-clock parenting, finding time to discover new fashion can become a hassle. Enter AirCloset, a new service by Tokyo-based startup Neuer-Sieg. For JPY 6800 (US$57) a month, women can receive a box containing three trendy garments, hand selected by a professi…

Online pawn debuts in Philippines

PawnHero – Southeast Asia’s first online pawn shop – seeks to solve the problem of expensive credit for ‘base-of-the-pyramid consumers’ in emerging markets.

Flash sales start-up to target Southeast Asia

Indonesia’s VIP Plaza, a fashion flash sales site, has secured funding from Yahoo Japan Capital to launch a Southeast Asian roll-out. Tesong Kim, co-founder of VIP Plaza, says the new funds will be used to strengthen the eCommerce store’s marketing activity and help VIP Plaza reach more consumers across Indonesia. VIP Plaza is looking to expand globally, starting with a brand new office in Malaysia that opened recently, and initially focussing on Southeast Asia. TechInAsia.com reports …

Amazon bets on Indians’ luxury lust

Amazon has entered India’s luxury retail market, launching a jewellery e-store. Tech In Asia reports that most of the leading jewelry brands, both Indian and international, are offering their wares on it. Shoppers can now pick up everything from necklaces to anklets and mangalsutras – a kind of wedding band worn on the neck instead of the finger. Specialised homegrown jewellery eCommerce stores like Bluestone and Caratlane have also partnered with Amazon to be on the new site. Pricey …