News
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Advancing Asia’s E-commerce Industry into 201720/01/2017Asia’s e-commerce industry has been nothing short of explosive over recent years. Total e-commerce retail sales in Asia are expected to hit more than US$1,000 billion by the end of 2016, with 80% of that figure contributed by China alone. Online retail sales figures in Asia are growing at an exponential rate and it comes as no surprise that the region is currently the largest digital retail market in the world, surpassing even regions like the United States of America. 2016 saw a boom in Asia’s e-commerce i
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11 Trends That Will Shape Southeast Asian Ecommerce in 201719/01/2017While president-elect Donald Trump is working hard to stop China from becoming a global superpower, China hasn’t slowed its digital hegemony in Southeast Asia – China meaning Alibaba of course. After calling out Southeast Asia as being on the cusp of an ecommerce golden age in our 2015 trends edition, Jack Ma and his team swooped in four months later and picked up Lazada, the region’s leading ecommerce marketplace, for a crisp $1 billion.
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The official announcement of Online Friday 201619/08/2016In August 18, 2016, Vietnam Electronic Commerce and Information Technology Agency (VECITA) - Ministry of Industry and Trade held the press conference to announce "The Online Shopping Day Program - Online Friday 2016". It is the biggest e-commerce event of the year which is held annually on the first Friday in December.
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Ecommerce in Denmark is worth 13.84 billion euros01/08/2016Ecommerce in Denmark was worth over 100 billion Danish kroner (13.44 billion euros) for the first time ever. The online retail industry in Denmark now accounts for approximately 10 percent of the total retail turnover.
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Southeast Asian ecommerce is about to reach a whole new level24/06/2016All of a sudden, online payments in Southeast Asia has gotten much more interesting.