Online Retailing

Copying Alibaba, Indian e-tailers woo small sellers for growth

Source: 
Business Standard

Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding to expand into the towns and villages home to the majority of consumers.

India's biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com are online marketplaces, with commission from sellers accounting for the bulk of their revenue.

Tmall teams up with nine multinational retailers

Source: 
Shanghai Daily

Alibaba's retail site Tmall said it has teamed up with nine multinational retailers to help bring imported goods to Chinese consumers and to offer a wider range of merchandise as shoppers are seeking beyond the border for high quality products.

Retailers including America's Costco, New Zealand's Countdown, Korea's Lottemart have reach a partnership with Tmall to integrate each other's logistics and delivery system as overseas retailers are eager to tap the booming Chinese market, according to a joint statement on Monday.

Rakuten takes stake in Chinese online discount provider Fanli

Source: 
CNBC

Japanese online retailer Rakuten said on Monday it bought a stake of less than 10 percent in Chinese online discount provider Fanli, as it continues a push into overseas markets.

Rakuten – one of Japan's biggest online retailers – is trying to use its stronghold in its domestic market to transform itself from a pure e-commerce firm into a one-stop-site for a global audience, along the lines of Amazon.com.

Uniqlo to open flagship store on JD.com's marketplace platform

Chinese B2C e-commerce giant JD.com Inc on Thursday said fashion brand Uniqlo will open a flagship store on its marketplace platform, joining fashion retailers Gap, Levi's, Lacoste, Marks & Spencer and Skechers to reach China's online shoppers.

ASOS first-half profit falls 10pc

Source: 
CNBC

UK online fashion retailer ASOS said it was confident its full-year profit and margin would be in line with expectations as it posted a 10 percent decline in first-half profit.

The firm, which issued three profit warnings last year, said on Wednesday it made a pretax profit of GBP18 million (USD27 million) in the six months to 28 Feb.
 

Stores lure the internet generation in Thailand

Source: 
Bangkok Post

Hypermarkets, department stores, shopping centres and convenience stores in Thailand are all aggressively moving further into online services.

Their goal is to spur shopping from young consumers who have high spending power.

This month, Future Park Rangsit, Tesco Lotus, Central Group and Charoen Pokphand (CP) Group simultaneously launched online business strategies to boost their sales and attract the young generation to become their new customers. Moreover, their operation costs may fall and sales increase despite having no more retail space.
 

Is this the next big market for e-commerce?

Source: 
CNBC

China and India are currently the darlings of global e-commerce, boasting the world's fastest-growing markets, but a third Asian market could join their ranks in the coming years.

The six major economies of the Association of Southeast Asian Nations (ASEAN) – Singapore, Malaysia, Indonesia, Thailand, the Philippines and Vietnam – are benefiting from strong fundamentals that will soon bring them into focus internationally, industry experts say.

ASOS gets its mojo back in Australia after cutting prices

Source: 
The Sydney Morning Herald Online

UK online retailer ASOS's decision to cut prices in Australia to reverse declining sales has paid off, but overseas retailers hoping to maintain their share of the local e-commerce market will have to make tough decisions on pricing as the Australian dollar reaches six-year lows.

Alibaba and JD Online take fresh approach to China food shopping

Source: 
CNBC

For China's 640 million internet users, a live Alaskan crab is now just a mouse-click away.

Alibaba and JD.com, the two biggest ecommerce operators in China, have long been best-known for selling apparel and electronics to the country's army of web-savvy shoppers. But online sales of fresh produce – from Mexican avocados to Scottish mackerel – sourced from around the globe are growing fast thanks to increasingly sophisticated supply chains, changing consumer habits, and worries over the safety of homegrown food.

Chinese rivals snap at Alibaba's heels in cross-border e-commerce race

Source: 
CNBC

A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding and Amazon.com catering to shoppers' fears about the quality and safety of local everyday goods.

Encouraged by tax-relief programs and other policies that gained traction last year, logistics firms including SF Express and state-owned Sinotrans are seeking to grab a piece of the cross-border e-commerce market which the government estimates to be worth USD1 trillion by 2016.

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