China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report
China-based e-commerce platform JD.com is said to be closing its e-commerce services in Indonesia and Thailand, Reuters reported on Monday.
JD.com will end its services in Thailand from March 3 and in Indonesia from March 31, its local websites showed. Both shopping sites will stop taking orders on Feb 15.
Quoting a spokesperson for JD.com, the report added that the company will continue to…
DHGATE expects cross-border e-commerce players to overcome uncertainty with long-term strategies
BEIJING, Jan. 17, 2023 /PRNewswire/ -- DHgate, the leading cross-border e-commerce marketplace in China, has witnessed steady growth momentum in 2022 while achieving great breakthroughs due to trending products, emerging markets, and new users. GMV on DHgate increased by 38% year-on-year (YoY), much higher than the overall average growth rate of the industry (4%), during Black Friday and Cyber…
Verz Design Attains IMDA Pre-Approved Vendor for PSG E-commerce Grant to Support Singapore Startups
SINGAPORE, Jan. 16, 2023 /PRNewswire/ -- eCommerce is becoming an indispensable part of every business. As the digital landscape continues to evolve, the number of eCommerce users is predicted to grow to 4.3 million users by 2027. However, despite its undeniable perks, many heartland retailers are still struggling to take their business online. Four out of ten business owners do not have an…
Jumppoint, a one-stop logistics platform for e-commerce merchants in Asia, raises US$6.5m Series A
HONG KONG, Jan. 12, 2023 /PRNewswire/ -- Jumppoint, the Hong Kong-based digital integrated logistics platform, has completed a successful Series A funding round, raising $6.5m led by MindWorks Capital with participation from Headline Asia, Chinachem Group, Philip Kuai, the founder of Dada Nexus (NASDAQ:DADA), the leading local delivery platform in China and the Innovation and Technology Venture…
Kokuyo offers its unique products to the world through its new e-commerce website
The stationery brand explores new markets with the world renowned Japanese tools for organization in the office and home
TOKYO, Dec. 28, 2022 /PRNewswire/ -- Japanese stationery brand Kokuyo has launched its global e-commerce website with the aim to expand its reach across the world. Kokuyo's new website features their signature product Jibun Techo, Japanese for 'Self Planner', which offers fun…
E-commerce Platform Plugo Raises $9 Million Series A Funding Led by Altos Ventures
JAKARTA, Indonesia, Dec. 15, 2022 /PRNewswire/ -- Plugo, a Jakarta-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.
Plugo's intuitive design feature enables…
Social Commerce is Expected to Contribute US$42 Billion to Southeast Asia’s E-Commerce Market by end of 2022: Cube Asia’s Inaugural Report
SINGAPORE, Dec. 7, 2022 /PRNewswire/ -- Cube Asia, a Singapore-based market intelligence firm for the online economy, today publishes its inaugural report on Southeast Asia's booming social commerce market. Titled 'Social Commerce in Southeast Asia 2022', the report claims that social experiences will directly influence US$42B of e-commerce sales in Southeast Asia by the end of 2022. Sponsored by…
Droppii brings innovative e-commerce business solutions to the United States
RENO, Nev., Nov. 16, 2022 /PRNewswire/ -- As with many startups, the idea behind Droppii's vision came in the midst of a rapidly growing industry. Over the 21st century, the tremendous growth and power of e-commerce platforms presented a perfect opportunity for entrepreneurial individuals to start their own business online. Through a website, businesses can reach many more customers locally and…
Hong Qing to provide easy access to Taiwan’s FMCG products through a user-friendly e-commerce platform.
Global access to tap into locally made food and beverages amongst other necessities through a consumer centric platform.
TAIPEI, Nov. 14, 2022 /PRNewswire/ -- Taiwan-based Hong Qing International Co. Ltd. ("Hong Qing"), a leading supplier of locally manufactured high-quality FMCG products, such as food, beverage, masks and daily supplies, has launched an eCommerce platform with the goal of…
Parcel Perform and Quiet Platforms Launch Data Partnership to Enable Supply Chain Visibility for E-Commerce Retailers and Brands
NEW YORK, Oct. 26, 2022 /PRNewswire/ -- Parcel Perform, the leading Data and Delivery Experience Platform for e-commerce businesses worldwide, today announced the launch of a data partnership with Quiet Platforms, a wholly owned subsidiary of American Eagle Outfitters Inc. (NYSE: AEO). Under the new agreement, Parcel Perform will integrate its bespoke parcel tracking and data enrichment…