Customers in Indonesia will soon have a faster, easier and much more entertaining open market experience thanks to SK Planet, Korea's leading online and mobile service platform provider.
Last week, the company announced the launch of its much-awaited open market "Elevenia" to make a foray into one of the fastest-growing countries in Southeast Asia. Elevenia was created in partnership with Indonesia's second largest telecom operator, XL Axiata.
Australian retailers are crawling to 10 percent online penetration in the same way a billy-cart would crawl to the finish line in a formula one grand prix, while their retail peers in the US and Britain have already met and surpassed that benchmark and are well on their way to 20 percent of all sales done online.
Lazada, Southeast Asia's largest online shopping mall, has introduced an e-marketplace in a bid to create a new revenue stream and offer a place where sellers and shoppers can meet.
Riccardo Basile, chief executive of Lazada Thailand and co-founder of Lazada Group, said the parent originally sold products sourced itself comprising 13 categories, storing them in its own warehouses.
But now it has added a new business, an e-marketplace that allows potential sellers and buyers to meet on its website.
Thailand's e-commerce website Tarad.com expects sales growth of 81 percent this year thanks to a sharp increase in transactions via mobile devices.
Founder and managing director Pawoot Pongvitayapanu said the value of mobile commerce accounts for 51 percent of Tarad's total transactions, a sharp increase from 11 percent last year.
The company formed a partnership with Line Corporation three months ago to provide products via its messaging services.
At a time when Swedish furniture major IKEA is planning to roll out its stores in India, online retailers are becoming increasingly active in this segment.
German Rocket Internet-sponsored FabFurnish and Norwest Venture Partners-funded Pepperfry are among those who have entered the furniture segment. From Maharaja beds to wardrobes, these websites allow one to buy all furniture online.
It is expected leading e-commerce player Flipkart will step into the furniture category later this year.
JD.com, one of China's top B2C e-commerce companies, has formed a strategic partnership with China's largest internet company Tencent Holdings Ltd to further grow the e-commerce business in the country, according to a news release on Monday.
Flipkart, India's answer to US online giant Amazon, said on Saturday its sales would cross the milestone USD1 billion-mark this year, ahead of schedule, in the country's exploding e-commerce market.
Founded in 2007 by two ex-Amazon.com employees and university friends, Flipkart.com has become India's biggest shopping portal hit and has drawn backers such as New-York based venture capitalists Tiger Global Management LLC.
Groupe Beaumanoir’s long-standing brand Cache-Cache is setting up its own e-commerce website in China.
The women’s clothing retailer, which currently has 850 outlets in 22 Chinese provinces, already offers online shopping via the Chinese website, Tmall. However, it wants to have its own commerce platform to support its omni-channel web-to-store strategy.
E-Commerce China Dangdang Inc., China's biggest online book retailer, said on Thursday that it has formed a strategic partnership with Yhd.com, a Chinese online supermarket that is majority-owned by Walmart, to launch a flagship channel on each other's platform.
Shoppers have embraced the concept of buying online and collecting their purchases from a store.
So-called "click and collect" is helping Australian online retailers to outgrow their overseas competitors for the first time in three years.
The weakening Australian dollar has also played a part by widening the price gap between offshore and local offerings. But traditional retailers who have finally devoted serious investments to online strategy have seen domestic online get its act together, the NAB online retail sales survey reports.