NewsWebuy, founded by former Alibaba executive, raises USD 100 millionIt is deeply rooted within WeChat’s ecosystem and is backed by Tencent. 2 mins read
India has become the battleground of American retailing giants Amazon and Walmart through its local investee Flipkart. NewsAmazon on India spree: Buying retailer stake and launching grocery delivery3 mins read
Henan, with 107.8 million internet users, is China’s largest province by population. NewsAlibaba to set up regional center in Central China’s Henan province1 min read
India sees a burgeoning sign of new retail, the combination of online and offline retail channels. NewsWalmart in advanced talks with India’s Tata Group to boost Flipkart’s grocery dream2 mins read
Big e-commerce platforms have the tech and supplier connections to potentially make customization work at scale. NewsJD.com allows users to tailor-make clothes, pushing the boundaries of mass customization2 mins read
NetEase believes Kaola was “undervalued.” NewsAlibaba’s USD 2 billion acquisition of NetEase’s cross-border e-commerce site is off, reports say2 mins read
The three-year-old online marketplace GeM allows only government departments to buy products so far. NewsIndian government to take on Amazon and Flipkart with GeM, its own online marketplace2 mins read
However, the lead is tight. Lazada continues to lead in terms of MAU in four of the six surveyed countries. InsightsiPrice report has Shopee down as the most popular shopping platform in Southeast Asia2 mins read
The company has been adding new services to its Prime loyalty program to entrench its Indian business. NewsAmazon gears up for food delivery in India, entering a crowded space3 mins read
