AT least 26,000 vendors will take part in this year's Single's Day sales campaign on Alibaba's Tmall site, and the company will place more emphasis on international buyers and vendors after it completed the largest initial public offering in the US last month.
Tmall said that it will also strengthen collaboration with partners such as fashion media, courier services, and technology infrastructure partners.
Since the first Google Shopping Express order delivered a box of granola a year ago, the tech giant has expanded its delivery service in the US, offered more produced, introduced the service in more locations and brought on more merchants.
This week, the delivery service is being introduced to new US cities - Chicago, Boston and Washington DC. Google said more than 7 million people can now access its same-day delivery service, while 12 million in Northern California will be able to use its next-day service.
Zara has launched its official online store on Tmall.com, hoping to put the brand's products within easy reach of the online platform's tens of millions of customers.
Zara.tmall.com will offer online Chinese shoppersthe same full range of products for women, men and kids as that found on www.zara.cn and in Zara's stores across China.
The launch follows the opening in September 2012 of Zara's own e-commerce site www.zara.cn, which will continue to operate as normal.
Wing Tai Retail, which manages Dorothy Perkins in Singapore, and online retailer Zalara have partnered to integrate e-commerce with brick-and-mortar stores.
The partnership will involve a fully customised Dorothy Perkins Shop-in-Shop on ZALORA, housing the latest trends and styles from the brand including lines exclusive to ZALORA. This means that customers will be offered a wider selection of Dorothy Perkins designs and the added option of shopping for Dorothy Perkins offline as well as online through the ZALORA website, mobile site or mobile app.
Business Standard reporters checked prominent shopping destinations in Delhi and the National Capital Region, Mumbai, Kolkata, Bangalore and Chennai to assess shoppers’ mood and how physical retail was responding to the deep discounts offered by their online rivals.
While Flipkart, Amazon and Snapdeal lock horns over who can hold the biggest e-sale this festive season in India, they seem to have hammered the final nail in the coffin of brand loyalty, online. While one or the other claimed to have crossed USD100 million in 10 hours or grown over 15x, consumers coolly forgot who might have served them better on days less frenzied. Instead, they had a gala time choosing the lowest price for items which did not vanish in blink-and-miss flash sales. Such unfaithfulness will only heighten give that the sale season has just started.
Online shopping may increase by 350 percent during the Diwali festival this year in India, a survey conducted by the Associated Chambers of Commerce (ASSOCHAM) shows.
Dubbed as the 'first online Diwali,' the estimate is that revenues may cross the Rs 10,000 crore (USD1.6 billion) mark and the trend is expected to continue in the years to come.
“At present the market is estimated at Rs. 12,000 crore (USD1.95 billion) and could cross Rs. 1,00,000 crore (USD163.2 billion) a year in India over the next three to four years," the ASSOCHAM paper noted.
Amazon announced on Tuesday that top deals from sellers worldwide will be featured on holiday deal pages.
Participating sellers are expected to offer thousands of deals across most product categories throughout the holiday season. These deals will now appear on the Amazon Today’s Deals page, Black Friday Store, Cyber Monday Store and many other high customer traffic site features and even in local Amazon sites in the US, the EU, China, Japan, India and Canada.
When e-commerce firms offer huge discounts, is it tantamount to ‘predatory pricing’? While brick and mortar retailers say it is predatory in nature, lawyers point out that there may not be much basis in this charge as the former hold little or no inventory. An industry body, the Confederation of All-India Traders, called for a probe into the business model and trade practices of e-commerce companies to find out how they offer huge discounts during the ongoing festive season.
The use of tablets and smartphones to purchase goods, content and services in New Zealand is increasing. Market research firm Frost & Sullivan estimates the country's mobile commerce (m-commerce) market to reach USD3.9 billion in 2014 and is predicted to grow strongly at a compound annual growth rate (CAGR) of 20 percent to USD9.6 billion in 2019.