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Insights
11-Nov-18 Another year, another gross merchandise volume record for Alibaba’s 11.11 Global Shopping Festival. When the rolling counter stopped, 2018 gross merchandise volume was RMB213.5 bn (USD31 bn), 27% higher than 2017's RMB168.3 bn (USD24 bn). [image: Alizila]
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Insights
06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]
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01-Nov-18 Rwanda has become the first African nation to join the Alibaba Group Holding-led electronic world trade platform (EWTP) initiative, following similar initiatives in Southeast Asia as the Chinese e-commerce firm seeks to expand digital trade globally. [image: Xinhua]
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Insights
30-Oct-18 There are now 7.5 mn sqm of modern retail in Bangkok, including department stores, shopping centres, big box stores and other new formats. E-commerce accounts for less than 1 percent of total retail in Thailand but is growing rapidly. [image: Retail In Asia]
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Insights
15-Oct-18 Jack Ma of Alibaba plans to open an institute to train tech entrepreneurs in Indonesia. The aim is to train 10,000 over the next 10 years. The institute will also train hundreds of developers and engineers on cloud computing. [image: Shutterstock]
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