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Toy ‘R’ Us in Asia Unaffected by its Global Company’s Bankruptcy

As the global retailer Toys ‘R’ Us files bankruptcy protection in the US, its businesses in Asia remain unaffected.

Indonesia Has 81 Million of Online Shoppers

Google Indonesia revealed the number of people in the country who shop through online marketplaces has reached about 81 million.

Alibaba Invests $300 M in Fresh Produce Market

Through its B2C subsidiary Tmall, Alibaba has invested $300 million in China-based ecommerce for fresh food Yiguo.com.Yiguo delivers perishable goods to more than 200...

Malaysia Legalize E-Hailing Services

Malaysia’s parliament passed two bills that will legalize the e-hailing services like Grab and Uber in the country.

Delivery Hero’s Valuation Surpasses $5Bln Following Successful IPO

Delivery Hero’s valuation topped $5 billion after the food delivery firm went public in a listing on the Frankfurt stock exchange

Singapore’s Ecommerce Shopmatic Raises $5.7m to Expand into Indonesia

Shopmatic, an ecommerce enabler for small businesses, announced pre-series A funding of US$5.7 million led by Singapore-based VC firm ACP and Spring

What Can Retailers Do to Improve Their Omnichannel Experience?

21% of retailers around the world are still using catalogs to promote their products and as much as 18% of retailers are still dependent on a call center.

Alibaba to Lead $1b Round into Chinese Food Delivery Startup

Once completed, the deal would mark the country’s second-largest startup fundraising effort so far in 2017, surpassed only by ride-sharing giant Didi Chuxing’s $5.5 billion round