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Insights
06-Aug-19 Amazon is reported to be in talks to acquire 26% of Reliance Retail. Reliance, which serves 5 million customers a week, was previously in talks with China’s Alibaba but the deal fell through because of differences in valuation. [image: Shutterstock / Retail In Asia]
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29-Jul-19 Jumia, the Africa-based ecommerce company launched Jumia Prime, a monthly subscription service that provides free product delivery for Jumia customers. Jumia Prime is designed to reduce delivery costs for frequent Jumia customers and turn first-time customers to repeat buyers. [image: techcabal]
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Insights
23-Jul-19 India's Reliance Retail has started the pilot phase for its new retail commerce initiative. The differentiated business model will provide a technology platform for millions of small merchants across India to strengthen and grow their businesses online and in-store. [image: Inc42]
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Insights
01-Jun-19 A new e-commerce law passed by the Saudi Cabinet is set to accelerate the kingdom’s online retail market. "The clarification of requirements for overseas companies selling into the Kingdom is especially welcomed," said Muhammad Anam Saleem at law firm Eversheds. [image: Reuters / Faisal Al Nasser]
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Insights
24-Jun-19 In Japan, convenience store operator 7-Eleven will start selling its rice balls in biomass plastic wraps from Jul-19, as it aims to reduce fossil-fuel-derived materials. The company’s move comes as more firms adopt plant-derived plastics. [image: The Japan Times]
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