Online Retailing

Google to bring 'Shoppable Hangout' to India, partners Myntra.com

Source: 
The Hindu Business Line

Search engine giant Google will unveil its 'Shoppable Hangout' in the country on 20 January, which will allow users to interact with each other and shop online simultaneously. Google has partnered with e-Commerce Myntra.com and Bollywood actor Hrithik Roshan to bring Shoppable Hangout on Google+ to India, a statement said.

Using this Hangout, designers or retailers can publicly broadcast a multi-person video chat about their products while customers simultaneously browse through the exclusive catalogue.

Taiwan e-commerce platform providers preparing for Chinese New Year

Source: 
ChinaPost.com.tw

Taiwan's e-commerce platform providers have prepared more items targeted at Chinese New Year shoppers as they aim to boost sales ahead of the festival. Popular shopping platform operator PChome Store Inc. said it has prepared 5,400 different types of snacks and drinks – 40 percent more than last year – from over 22 countries. Other shopping sites, including Yahoo Kimo, Momoshop, GoHappy and udn shopping, have also set up sections for online Lunar New Year shopping.

Apple's App Store sales top USD10b in 2013

Apple customers worldwide spent over USD10 billion on the App Store in 2013, including over USD1 billion in December. Some three billion apps were downloaded for month, making it most successful month in App Store history.

China online marketplace Taobao to ban Bitcoins

Source: 
The Malaysian Insider

China's largest online marketplace, Alibaba Group's Taobao, said on Wednesday that it would ban the trading of Bitcoin and other virtual currencies from 14 January, after a government crackdown on the units.

The People's Bank of China (PBoC), the country's central bank, in December ordered financial institutions to halt Bitcoin-related services and products and cautioned against its potential use in money-laundering, according to a statement.

Online sales in Australia push towards USD13.37b

Source: 
The Sydney Morning Herald Online

Australians are expected to have spent close to AUD15 billion (USD13.37b) shopping online during 2013 and local retailers received most of the benefit.

Total online retail spending for the 12 months to November was AUD14.6 billion, according to National Australia Bank's online retail sales index, which was up more than 10 percent compared to a year earlier.

Chief economist Alan Oster said the figures for the year to December, to be released in February, were likely to be between AUD14.5 and AUD15 billion.
 

Apple opens store on Alibaba’s Tmall

Source: 
The Wall Street Journal Online

In its latest attempt to boost China sales, Apple Inc. opened an official store on Tmall, a major online marketplace run by Chinese e-commerce giant Alibaba Group Holding Ltd.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.

 

CEO Talking Shop: The Kuo Brothers' new coup: e-commerce verticals

When Taiwan's famous entrepreneurs Jerry and Andy Kuo left Groupon Taiwan in February 2012, many were watching closely what their next steps would be, and many are sure something is cooking up their sleeves.

The brothers, whose first start-up business launched in 2007 was bought by Groupon in 2010 to eventually become Groupon Taiwan, are passionate entrepreneurs. After only nine months, the website won the US international DEMO Award in 2008.

Smartphones expect to ring up increasing e-commerce sales in China

Source: 
Shanghai Daily

Online retailing has grabbed as much attention as traditional walk-in stores during the global holiday shopping season. Nowhere in the world is the online shopping frenzy more explosive or more watched than in China.

People of all income levels are looking to the internet to find bargains, expand choice or just enjoy some leisure browsing at a time and place of their choosing.

Thailand's Home shopping network eyes online clicks

Source: 
Bangkok Post

Thailand's 1577 Home Shopping is gearing up for an e-commerce push to tap overlooked young people and reduce the risk of relying heavily on the satellite-TV platform.

Aonticha Kochapongthanadul, the business director for property technology and founder of 1577 Home Shopping, said the company is aggressively promoting its Lanlabuy.com/shop website to capitalise on burgeoning e-shopping demand.

David Jones' web-only specials cash in on Myer's online woes

Source: 
The Sydney Morning Herald Online

As Myer tries to lure back online shoppers following its week-long website outage, David Jones is going on the attack with new online-only specials designed to thwart its rival's recovery.

Swooping on the opportunity, David Jones announced extra discounts for online shoppers on already reduced items. A spokeswoman said the retailer's website had received 1.5 million visits since its clearance sales went live at 6pm on Christmas Eve.

Online sales for the period were up 100 percent compared with last year, she said.
 

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