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Insights
11-Nov-18 What happened in general retail in India with the entry of Flipkart, Amazon and Snapdeal is now happening in pharmacies. Accessibility and lower prices mean online is beginning to hurt drug stores, with prices 10-20 percent lower. [image: The Economic Times]
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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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Insights
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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