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Insights
25-Mar-19 Online shopping platform Lazada and Mastercard announced a five-year partnership to develop Southeast Asia's e-commerce ecosystem. The duo will develop marketing and education campaigns to increase consumer confidence, as well as reward schemes to incentivise use of digital payments. [image: Mastercard Newsroom]
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Insights
12-Mar-19 Kenya’s Safaricom has secured a deal to use its M-Pesa mobile payment service for online shopping on Aliexpress, run by Chinese e-commerce giant Alibaba Group. The agreement will allow Kenyan shoppers to buy goods on the site using M-Pesa. [image: Reuters / Noor Khamis]
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Insights
11-Mar-19 Alibaba Group will take a 14% stake in STO Express through a USD693 mn exchange for a 49% stake, making this the e-commerce giant's fourth significant investment in a Chinese courier company. [image: Reuters / Aly Song]
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Insights
02-Mar-19 Alibaba’s Tmall expects cosmetics brands to open 1,000 shops this year to meet demand from Chinese consumers. Seven international cosmetics companies - Tom Ford, P&G’s Oriental Therapy, Cosme, d-program, Primera and Barnängen - will open on Tmall in 2019. [image: Retail In Asia]
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Insights
28-Feb-19 Thumbay Group announced a new partnership with Noon.com, a MENA e-commerce platform, to offer its entire range of products including optical and nutrition portfolio through an online platform strengthen its presence in Egypt and GCC countries. [image: Khaleej Times]
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