Chinese e-commerce giant JD.com Inc said it had launched its warehouse and logistics initiative, ahead of China's biggest online shopping event which produced sales of USD1.6 billion for the firm last year.
The initiative is part of a USD1 billion push to expand storage and processing facilities in China, where JD.com presently operates 7 fulfillment centres and 97 warehouses in 39 cities.
A Shanghai warehouse has started operations as part of the initiative, the firm said in a statement. The facility eventually will be able to sort 16,000 packages an hour.
China's half billion online shoppers will soon have an easier way to shop in the US.
Alipay, the payments unit recently spun off from Chinese e-commerce giant Alibaba, is launching a service for US retailers called ePass. Alipay has already been working in beta mode with retailers such as Gilt.com, The Gap and H&M.
EBay has reported better-than-expected earnings for the third quarter, but cut its sales forecast for the year. Shares dropped 3 percent after-hours.
The company's PayPal business had another strong quarter. Revenue grew 20 percent to USD1.95 billion and mobile payment volume jumped 72 percent to USD12 billion. PayPal remains on track to process a billion mobile transactions this year. Earlier this month eBay said it would split off the payment processor, its fastest growing unit, late next year.
Ethnic wear brand Biba launched on Wednesday its online portal to leverage the country’s fast growing e-commerce space and also cash in on the ongoing festive season. Commenting on its e-commerce portal, Biba Managing Director Siddharth Bindra said, “We want to make shopping convenient for our consumers and e-commerce being a prevalent and growing channel is indeed a natural progression for our existing business.”
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.