• Weekly Focus: Google Makes £415m Move in China E-Commerce Market

    This week, we see Google making a USD$550m (£415m) move in China’s e-commerce market and more Australian consumers window shopping than actually buying online.

    It may have long exited the Chinese search market, but Google appears to be making its way back – this time, with an eye on e-commerce.

    The U.S. internet giant said it was investing USD$550m (£415m) in Chinese e-commerce giant, as part of a partnership that would see both companies jointly develop retail offerings.

    Specifically, the collaboration [...]

  • Weekly Focus: Alibaba Cainiao to Build HK Logistics Hub & Taps AI to 'Speed-Write' Product Info

    This week, Alibaba’s logistics arm has announced plans to build a logistics hub in Hong Kong, setting aside USD$1.53bn (£1.14bn) for the new development, while has turned on an AI system to ‘speed-write’ product descriptions and shopping guides.

    To be located at the Chinese territory’s international airport, the project will be spearheaded by Alibaba’s Cainiao Network and its joint venture (JV) with China National Aviation Corporation and YTO Express. Cainiao owns a 51% stake in the JV, while China [...]

  • What UK Retailers Can Learn from China

    There is a stark contrast between the news stories surrounding British and Chinese retail at the moment. While we are inundated with stories of shop closures and businesses entering administration, those keeping abreast of the retail scene in the East will realise that the Chinese giants are facing no such issues. In this piece, Hannes Ben (pictured below), chief international officer, Forward3D, tells RetailTechNews just what British retailers could stand to gain by following the lead of their Chinese counterparts. 
    When [...]

  • Weekly Focus: Amazon Restricts AU Consumers to Local Site

    This week, online consumers in Australia learn that they soon will no longer be able to shop on’s international sites – a result of the e-commerce giant’s move to sidestep the country’s new GST rule.

    From 01 July 2018, Australians will be barred from shopping on Amazon’s U.S. and other international websites and be automatically redirected to the local platform, which offers a smaller inventory.

    The move is a response to the country’s new GST rule that will see a [...]

  • Weekly Focus: Alibaba Makes Delivery Investment & Unveils Voice System That Lets Customers Correct Their Orders

    This week, Alibaba Group is back in the news with a string of announcements, including an investment in a Chinese express delivery company and the introduction of a voice-recognition retail system that lets customers correct their orders.

    The e-commerce giant said it has led a team of investors, including its logistics arm Cainiao Network, to fork out USD$1.38bn (£1.04bn) for a 10% equity stake in Shanghai-based ZTO Express. The move aimed to beef up first- and last-mile delivery services to [...]

  • Merchants Tap Payment Data for Insights on APAC Retail Habits: Q&A with Yang Wenhui, SEA GM, UnionPay International

    Each time someone swipes or taps their credit card to complete a transaction, data is being collected and analysed to help retailers tweak their services to better cater to consumers’ spending habits.

    Singapore shoppers, for instance, spend more at supermarkets and duty-free goods during sales events, according to Yang Wenhui, Southeast Asia general manager at UnionPay International, which is a subsidiary of China UnionPay that focuses on the bank’s global business. The payment services company offers various payment platforms including [...]

  • Now & Next: Retail M&A

    M&A in the retail space has made headlines across the globe in recent weeks, with big ticket deals involving Sainsbury’s and Asda, and Walmart and Flipkart, being finalised. But what is driving this recent surge in activity in the industry? This edition of Now & Next dives into the trends behind these deals, how the UK’s merger activity is different to the rest of the world’s, and the future for M&A in retail.

    Even though the deals mentioned above are [...]

  • Weekly Focus: In APAC, Booming E-Commerce Also Means Exploding Fraud

    This week, a study reveals that while Asia-Pacific is indeed an online shopping paradise, it also is a haven for fraudsters who have targeted 18% of consumers in the region.

    Some 71% had made online purchases and 63% used mobile payments for convenience, according to Experian’s Digital Consumer Insights 2018, which was jointly developed with research firm IDC. The study polled consumers across 10 markets in Asia-Pacific, including Singapore, Australia, China, India, and Indonesia.

    It found that in mobile-driven emerging markets, respondents [...]

  • Weekly Focus: Singapore Online Marketplaces Snag £106.82m in Funds

    This week, two of Singapore’s online marketplaces, Carousell and Carro, have secured funds totalling USD$145m (£106.82m), while Alibaba says it has acquired South Asian e-commerce platform, Daraz.

    Classifieds site Carousell snagged USD$85m (£62.62m) in its Series C funding, which also saw the addition of DBS Bank as a new investor and retail partner. Co-led by Rakuten Ventures and EDBI, the latest round was once again joined by existing investors 500 Startups, Golden Gate Ventures, and Sequoia India.

    The new funds will be [...]

  • Weekly Focus: Alibaba & Attribute Higher Revenue to Offline-Online Push

    This week, China’s two largest online retail operators have posted higher quarterly revenues and attributed the growth to efforts in driving their respective offline-online commerce strategy.

    Alibaba said its revenue climbed 61% in the quarter ended 31 March, 2018, hitting ¥61.9bn (£7.18bn), while profits clocked ¥16.8bn (£1.95bn). Its core commerce business grew 62% from the previous year to generate ¥51.3bn (£5.95bn) in revenue.

    The Chinese e-commerce giant reported a further increase of 37 million in its mobile monthly active users to [...]