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Alibaba counters Amazon in Southeast Asia

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19-Mar-18 Alibaba will inject USD2 bn into its subsidiary Lazada Group, the Singapore-based online retailer, and will send one of its key executives to replace Lazada's founder CEO, part of moves to cement its leading position in Southeast Asia. [image: Reuters / Nikkei Asian Review]

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Japan's Aeon teams up with Alibaba-backed AI-run stores

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19-Mar-18 Aeon, Japan's biggest retailer with 430 locations, will partner with Alibaba-backed technology company DeepBlue Technology to develop unmanned convenience stores in China, where a handprint lets users access the kiosk-like store and pay for purchases. [image: Nikkei Asian Review]

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Connecting Australian suppliers with Chinese consumers

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13-Mar-18 AuMake, a company that specializes in connecting Australian suppliers with Chinese consumers, has launched Australia’s first dedicated retail hub for ‘daigou shoppers' - people outside China who purchase luxury goods for a customer in mainland China. [image: Shutterstock / Retail In Asia]

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Domestic business is now inviting, says PayPal India’s Pahuja

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12-Mar-18 Global payment gateway PayPal launched its Indian domestic payments service in Nov-17, and according to MD Anupam Pahuja, "cash continues to be among the biggest competitors... but India is going big on digital and cashless payments." [image: Paul Noronha / The Hindu Business Line]

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Korean card issuers face difficulties against Visa

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12-Mar-18 An increasing number of Korean card issuers are saying they have no chance of winning a complaint against Visa for its unilateral decision to increase a commission charge for the usage of overseas payment networks. [image: Business Korea]

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