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... distance with e-commerce. Indonesia-focused logistics firm Satsaco Group has had a trying three years, with profits falling on the back of a sluggish economy and a weakened rupiah. But it is on track to turn things around by venturing into e-commerce logistics, a high growth area in Indonesia. Tue, Feb 20, 2018 - 5:50 AM.
The decision by online classified firm OLX to shut down its Nairobi office has sent shockwaves in the e-commerce fraternity in Kenya. A pioneer in e-commerce in the country OLX left suddenly having failed to get its hand on the billions of shillings that were transacted through its online marketplace.

Owing to their speedy growth, Indonesian start-ups have unsurprisingly grabbed the attention of both foreign and local investors. The latest positive development came last week when widely diversified Indonesian conglomerate, Astra International, announced an investment of Rp 2 trillion (US$150 million) ...
Burberry is pushing its e-commerce presence by releasing its entire inventory on the online fashion retail platform Farfetch. The fashion house is targeting young, tech-savy consumers as they grow their online presence. With the new partnership, Farfetch will offer an immediate around-the-clock delivery ...
Freightways is enjoying elevated activity as growth in e-commerce continues, Forsyth Barr broker Lyn Howe says. The company reported operating earnings of $56.1million for the six months ended December, up 8.4% on the previous corresponding period. Its reported profit fell nearly 8% to $31.4million ...

Mexico City (Reuters) - Mercado Libre, Latin America's home-grown e-commerce firm, said on Thursday that it would open two large distribution centers in ... The facilities will help the company speed up deliveries, which is essential to the appeal of e-commerce, Chief Executive Ignacio Caride said in an ...
Research from the International Post corporation (IPC) has given extra weight to the claim that direct mail can boost e-commerce business - as a recent survey indicated that half of regular cross-border online consumers have received direct mail from an e-retailer, and 44% of these consumers made an ...
Cassar, who's been covering the e-commerce space for some 20 years now, noted that one of the biggest side-effects on the online shopping, buying, and shipping revolution is that the life-span of companies is being shortened considerably - even as they combine and re-combine to offer goods and ...
H-E-B has purchased Favor Delivery, an on-demand delivery service headquartered in Austin, Texas. Favor Delivery will become a wholly owned subsidiary of the San Antonio-based retailer; terms of the deal were not disclosed. Like many retailers, H-E-B is looking to increase its e-commerce presence.
Coinbase -- which is best known for its service that converts fiat into bitcoin, Ethereum, Litecoin or Bitcoin Cash -- is valued at $1.6 billion after raising $100 million last year. The company reportedly booked $1 billion in revenue last year, according to Recode, and it claims to have served over 10 million ...
This myth is so central to the way many e-commerce sites try to promote themselves, and it's probably more damaging to both the reputation and execution of social media marketing than any other myth about it. The reason it is such a problem is that our metaphors are all wrong. The most popular content ...
Pepsico has announced that it will be investing in its e-commerce business, which now brings in approximately $1 billion in sales annually, according to Business Insider. The exact amount that will be invested, and how it will be employed, was not revealed, but the funds themselves will be coming from ...
While it's still "not perfectly clear" whether all e-commerce channels are "going to make money," Pepsico is positioning itself to win online with heavy investments that leverage big data and predictive analytics "to sharpen real-time marketing messages, dynamic merchandising and tailored offers," said CEO ...
Now the Miami, Florida, native is hoping to make connections with repeat customers from much farther afield with the launch of an e-commerce coffee resale and lifestyle startup called Roasted in Brooklyn. "There's nothing I enjoy more than interacting with customers," Delgado recently told Daily Coffee ...
Most are spending little, however, with six in ten directing around Rp1m ($70) to e-commerce sites over a 12 month-month period. clothing was the most popular category purchased, followed by mobile phones and accessories, and beauty products. The same survey showed that product quality and ...
ADA, MI -- One indicator of how technology is changing Amway is the majority of the direct selling giant's products are now sold online. These growing online sales still align with the 60-year Michigan company's values and business model, says President Doug DeVos, whose dad, Rich DeVos started the ...

The Chinese e-commerce giant said in a statement Wednesday that it had entered into agreements with investors including Hillhouse capital, Sequoia China and Tencent. JD.com will continue to be a majority shareholder in its logistics arm, JD Logistics, with an 81.4 percent stake. The firm said it expects ...
e-commerce contributes 0.75 percent to GDP A small shopping cart sits on top of a laptop keyboard to illustrate the ease of e-commerce. (Shutterstock/File) ...
On Wednesday, the warehouse club, which is a unit of Walmart, revealed more details about its strategic shift -- one that is based, predictably, on increasing its e-commerce sales. Shoppers who pay $100 a year for a Plus membership will have free shipping on almost any item, Sam's Club said. The perk is ...
Over 1,500 stakeholders from across the globe met at the first ever cross-border e-commerce conference in Beijing, China from February 9-10, 2018. The goals of the conference were to discuss recent developments, challenges, and opportunities, as well as the enormous potential of digital trade.
With powerful financial capability and experience which put them at an advantage over domestic rivals, Alibaba and JD.com are believed to have big impacts on Vietnam's e-commerce market. analysts warned of a possible scenario that more Chinese goods would penetrate the Vietnamese market through ...
A UNIT of Keppel Telecommunications & Transportation (Keppel T&T) is teaming up with e-commerce agency SmartOSC to promote their end-to-end e-commerce services to retailers across South-East Asia. The subsidiary is UrbanFox, an omnichannel logistics and channel management solutions brand.
Cross-border e-commerce trade rose 80.6 percent year-on-year in China to 90.24 billion yuan ($14.33 billion) in 2017, top officials said on Friday. Speaking at the First Global Cross-Border e-commerce Conference, Yu Guangzhou, the minister of the General Administration of Customs, said China's ...
The much-anticipated merging of two groundbreaking technologies, VR and e-commerce, may soon become a reality with the recent launch of MARK.SPACE. This blockchain based VR/3D platform empowers all online retailers to enjoy the benefits of VR regardless of their size, by eliminating the need for ...
Nairobi, Kenya | THE INDEPENDENT | Africa logistics Properties (ALP) have stepped up the construction of Kenya's first international standard grade-A logistics warehousing on two sites in Nairobi by drawing in e-commerce operator Copia Global. ALP, who are a specialist integrated property investment ...
With the Bank of Thailand issuing regulations to govern financial institutions engaged in the e-marketplace, the domestic e-commerce arena is poised for local firms to battle it out with foreign e-commerce behemoths. Effective from Jan 16, the central bank is requiring financial institutions interested in ...
Some 46 percent of online shoppers in the U.S. pay a monthly subscription for online streaming media, like Spotify or Hulu, according to a new survey by consulting firm McKinsey. Fifteen percent had subscribed to at least one e-commerce delivery service like Dollar Shave Club, Blue Apron or Stitch Fix in ...
NetEase (Nasdaq:NTES) is 5.1% lower in postmarket trading after a mixed quarter where a boost in e-commerce more than made up for declines in its online gaming. The company changed segment disclosure to report out e-commerce separately due to its significant revenue contribution; it mainly ...
Future Group's Kishore Biyani opens up on how he tries to balance old-school thoughts with the merits of technology. Kishore Biyani, CEO, Future Group, has often stirred the hornet's nest by questioning the future of the e-commerce industry in India. While the businessman admits that his views on ...
An e-commerce tax is still in the works, with the government studying the best way to implement it, said Senior Minister of State for Law and finance Indranee Rajah. This means shoppers can enjoy tax-free purchases made online for a while more, she told money FM 89.3, Singapore's first and only ...
Tech firm WhyteSpyder has announced the launch of software designed to accelerate national e-commerce operations by helping retailers and suppliers manage, monitor and publish online content. The software, called SKU Ninja, uses proprietary technology to constantly scan and access item detail ...
Green Bay, WI-based distributor Packer Fastener on Tuesday announced the official launch of its new online platform that features e-commerce. Packer Fastener -- which distributes threaded fastener products from six Wisconsin locations (Green Bay, Appleton, Wausau, Milwaukee, Madison, Sheboygan) ...
Islamabad, Feb. 7 (Xinhua) -- E-commerce in Pakistan has had a slow start but it is gaining ground due to the growing number of internet users in the country as well as government efforts for digital inclusion. e-commerce is set to cross 1 billion U.S. dollars by 2020, according to a recently published report ...
Mercedes-Benz Vans targets future of vehicle connectivity, e-commerce with all-new Sprinter ... For freight transporters, the Sprinter intends to take on the challenging final-mile segment amid rapid growth in parcel deliveries stemming from e-commerce and the fast-growing e-grocery segment. "The new ...
HAMLET -- Richmond Community College's Small Business Center will present a free seminar on Tuesday, Feb. 20, and Wednesday, Feb. 21, at the Cole Auditorium that will help small businesses learn e-commerce. teacher and trainer Matt Rudisill will present the information on how e-commerce can ...
Singapore - With less than two weeks to go till the unveiling of the Budget on Feb 19, the government is still studying the best way to implement an e-commerce tax, Senior Minister of State for Law and finance Indranee Rajah said on Wednesday (Feb 7). In a live interview with MoneyFM 89.3, the new ...
Editor's note: This is the second part of a three-part series on how transportation companies are using technology to meet the demands of e-commerce. Part 1 covered dispatch planning systems. Motor carriers of all types are feeling the "Amazon effect" as e-commerce sales grow between 20 and 25 ...
As the incredible returns of Amazon.com (Nasdaq:AMZN) have shown, it can pay to invest in e-commerce. While e-commerce is thriving in the U.S., it is perhaps even more exciting in developing markets like China and Latin America, where internet penetration is lower, but the growth potential higher.
The new legislation approved by Parliament requires websites to sell their goods throughout the EU regardless of the country the buyer resides in. It could apply to online cultural content like music streaming and ebooks within two years. EURACTIV.fr reports. The law voted by MEPs in Strasbourg on 6 February was ...
The e-commerce start-up eyewa.com specialises in selling sunglasses, prescription lenses and contact lenses online. It began last year in the Dubai apartments of its Moroccan founders and is expanding into GCC markets beyond UAE, having just raised $1.1 million from UAE and Saudi investors in a ...
Kenyan e-commerce startup Sky.garden has raised US$1.2 million in a round led by Jesper Drescher, the Norway-based TRK Group, The Katapult Accelerator Follow-up Fund, and a syndicate of Danish business angels led by Futuristic.vc. Sky.Garden is a software-as-a-service (SaaS) platform for mobile ...
Desaru Coast, an integrated destination resort developed by a subsidiary of Themed Attractions Resorts & Hotels (TAR&H) Malaysia has appointed Ogilvy & Mather Singapore as its e-commerce agency. The assignment was won following a pitch. Desaru Coast is the first integrated premium destination resort in Malaysia ...
blogging might seem a difficult task to many e-commerce retailers, but the effort you put into it likely will pay off. With some forethought and commitment, blogging can become part of your overall strategy for e-commerce success. If you're still on the fence, here are three reasons to consider getting started ...
As more and more folks head online to shop, it's not surprising that the e-commerce sector is thriving. However, with so much choice in how you set up your online store, it can be difficult finding the right platform for your needs. The good news is that you don't need to have any knowledge of HTML, graphics ...
Amazon dominated e-commerce mobile search in India from July 1, 2017 through the end of the year, according to a report from Jana, cited by quartz. The report, which tracked approximately 1.65 million mobile searches from 800,000 Indian consumers, found that 46% of e-commerce mobile searches were for Amazon.
"retailers are not only wasting so much money targeting us with bad data, consumers get frustrated," says Katy Aucoin, founder and CEO of Dearduck, a Houston e-commerce data startup. "Retailers end up distancing themselves from customers when they're spending money trying to strengthen those ...
Snapchat has begun selling merchandise in a new digital store in the Discover section of the app, Ad Age reports. The move marks the first time Snapchat has sold its own branded merchandise in-app. The in-app store currently sells a few Snapchat-branded items, including sweatshirts and a plush toy of its famous dancing ...
Snapchat is selling merch inside a digital store in its app, a new e-commerce play that could hint at more stores to come. The store appeared in the media section of Snapchat known as Discover, and it offers Snapchat-branded merchandise for purchase through the app. The Discover section had been ...
Mexico City (Reuters) - Mexico's anti-trust agency on Thursday said in a statement that it is investigating "probable" monopoly practices in Mexico's e-commerce market. The Federal Commission for Economic Competition, or Cofece, said in a statement that it was investigating possible monopolistic ...


 

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