E-commerce
Around 7 in 10 Gen Zs in Southeast Asia prefer e-commerce
56% of social commerce platform visitors shifted to e-commerce to complete their purchases.
Around 7 in 10 Gen Zs in Southeast Asia prefer e-commerce
56% of social commerce platform visitors shifted to e-commerce to complete their purchases.
Alibaba Group to invest $1.1b in South Korea for business expansion
It intends to invest $200m for the logistics hub and $100m to support South Korean SMEs.
APAC’s social commerce industry to grow by 12.3% in 2024
APAC consumers prefer online vs in-store shopping.
Australian retail spending growth slows down to 2% YoY in 2023
Whilst traditional retail spending growth slowed, online retail increased in 2023.
Around 4 in 5 Australian households embrace online shopping in 2023
About 9.5 million households made online purchases in 2023.
Established brands in APAC remain resilient amidst emerging competition: report
Incumbent brands remained steady at 28% and won in 27% of the categories against insurgent brands.
JD.com's net income surges 132.8% YoY to $3.4b in 2023
The company’s revenue reached $152.8b, up by 3.7% from 2022.
Four ways to adapt to a highly competitive 2024 retail landscape
They need to boost in-store experiences and implement customer-centric features, amongst others.
Douyin surpasses JD marketplace in health product sales
It is the second largest platform for consumer health products behind Tmall.
JD.com upgrades ‘Spring Dawn Initiative’ with AI services
It now includes a store launch AI assistant, AI-driven content creation tools, and a digital presenter live streaming service.
E-commerce company...
Use of digital wallets for e-commerce purchases to rise at 12% CAGR until 2026
China leads digital payments in APAC.
Salla, J&T Express signs with largest Saudi-based e-commerce platform
E-commerce channel Salla will enhance J&T Express’ cross-border networks and services.
Over 80% of retailers will still have online, physical stores in the next 5 years
Consumers want to physically see and touch items they would buy.
Real-time personalisation boosts online sales by 7 fold
This is compared to those who employ a blanket personalisation strategy.
JD.com expands free shipping offer
The minimum order value for free shipping is $8.2.
AliExpress extends Affiliate Programme with GCC content creators
The initiative aims to assist influencers in marketing AliExpress products.
Uber Eats' robot deliveries augment Japan's workforce
The shrinking and ageing population is one of the factors that led to a shift in food deliveries.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
![EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences]()
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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