Southeast Asia E-commerce Business Intelligence
June 15, 2017
June 13, 2017
VIETNAM'S FIRST E-COMMERCE PLATFORM FOR SPECIALTIES MAKES DEBUT
BADASA, Vietnam’s first e-commerce platform, specialising in providing Vietnamese specialties across the nation, was officially launched on June 13 at the website https://badasa.com.vn.
Run by The Vietnam Post Corporation (VNPOST), the trade platform is expected to become a bridge connecting specialty suppliers, in 63 provinces and cities nationwide, with consumers across the country.
BADASA provides approximately 20,000 agro-forestry and fishery products (dried goods), nutritious herbal food, processed food, beverages, handicrafts, gifts and other items distributed by 5,000 suppliers. All listed goods have clear origins and quality certificates issued by competent authorities. [Read more]
Strategic review for the financial SSC of an agricultural company.
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
Creation of an internal headhunting company for a big agricultural company (US$ 6 billions).
Launch of the weekly ASEAN e-commerce Business Intelligence report. <See more>
June 12, 2017
ALIBABA LAUNCHES NEW SALES CHANNELS IN MALAYSIA, SINGAPORE
Alibaba Group has launched Tmall World, a new sales channel, to allow the 100 million Chinese citizens residing overseas, to purchase items from its retail site Tmall. The new service will roll out in Singapore, Malaysia, Hong Kong and Taiwan.
Alibaba will provide end-to-end solutions including logistics, payment and localisation support catering to the needs of each local market. Tmall World users are required to have an active Chinese payment method to purchase their items.
In the announcement made on Monday, the company said it plans to expand Tmall World’s network to other countries in the future. This comes after Ant Financial, Alibaba’s payment affiliate, decided to conduct expansion plans in the Asia Pacific region through investments and joint ventures. [Read more]
June 13, 2017
SINGAPORE’S SHOPMATIC RAISES $5.7M TO EXPAND TO INDONESIA, THE PHILIPPINES
Singapore-based e-commerce enabler Shopmatic has raised S$5.7 million (US$4.1 million) in a Series AA funding led by ACP and SPRING SEEDS Capital.
It will use the new round of financing to fund its expansion to Indonesia, the Philippines and the Middle East. Currently, Shopmatic is already present in India, Singapore and Hong Kong.
As part of the new round, Sameer Narula, Managing Partner, ACP, will join the Board of Directors of Shopmatic.
“We have witnessed tremendous growth in merchants leveraging our platform with monthly growth rates in excess of 40 per cent. Our approach of simplicity with a wide value proposition to our customers has deepened our engagement with sellers and grown the category of online sellers,” said Anurag Avula, CEO of Shopmatic, in an official press statement. [Read more]
June 09, 2017
JD.COM PLANS EXPANSION INTO THAILAND BY END OF YEAR
JD.com Inc, China's second-largest e-commerce company, plans to enter the Thai market later this year in a move to expand its overseas business beyond Indonesia, according to the founder and chief executive Richard Liu.
He said the company planned to use Thailand as a hub for servicing other Southeast Asian countries such as Vietnam and Malaysia.
"Thailand will come soon, before the end of the year. We will invest a lot and also find the best local partners to work together with. Everyone could be possible, but not Lazada," Liu said, referring to the fact that the Southeast Asian online retailer is now controlled by JD.com's largest domestic rival Alibaba Group. Liu said he was confident his firm could compete with Alibaba in that market and elsewhere in Southeast Asia. [Read more]
June 12, 2017
INDONESIAN GOVERNMENT LAUNCHES MOBILE APP TO CURB FOOD PRICES, INFLATION
Indonesian government launched a mobile application on last Monday (12/06) that lists the prices of staple foods across the archipelago as part of efforts to keep inflation in check.
The Harga Pangan app shows the daily prices of widely consumed foods such as chili peppers, rice, eggs, cooking oil and garlic at 164 traditional markets in 82 cities in Indonesia. It is available for devices with iOS and Android operating systems. The desktop version, which is accessible at Hargapangan.id, has already been operational since January.
Bank Indonesia Governor Agus Martowardojo said price data will be captured between 9.00 a.m. and 11.00 a.m. every workday and that the central bank will validate the results before publishing it at 1.00 p.m. daily. He said improving data accuracy could help Bank Indonesia achieve its 2.5 percent to 4.5 percent annual inflation target in 2018. [Read more]
June 13, 2017
ALLIANCE BANK LAUNCHES MALAYSIA'S FIRST MOBILE FOREIGN REMITTANCE APPLICATION
Alliance Bank Malaysia Bhd and Alliance Bank Bhd have launched the 'Alliance Cash2Home' application – the first mobile foreign remittance application in Malaysia, which offers paperless account opening and remittance services via mobile phone.
Alliance Bank group chief executive officer Joel Kornreich said the mobile application service represents the second installment in a series of innovative value propositions that offer speed, simplicity and responsiveness, while being uniquely aligned to the needs of consumers.
The bank launched the Alliance One Account a month ago, which allows consumers to consolidate their loans and lower their monthly payments. [Read more]
June 14, 2017
OCBC BANK LAUNCHES AI-POWERED MOBILE APP FOR HR
OCBC Bank in Singapore has launched a human resource (HR) mobile application (app) aimed at meeting employees’ needs.
The app, named HR In Your Pocket, includes an artificial intelligence (AI)-powered chatbot that is integrated with the Bank’s HR information system. This chatbot can provide immediate responses specific to each employee.
The app was developed using the agile project management approach, which provides flexibility to continuously improve and respond to changes or feedback instead of following fixed processes. Both the app and chatbot were completed within two months. [Read more]
June 14, 2017
MASTERCARD OPENS NEW INNOVATION SHOWCASE IN SINGAPORE FOR FINTECH
Mastercard has opened a new showcase space dedicated to fintech locating at the company’s new Asia Pacific headquarters in Singapore. The space will host fintech innovations developed by Mastercard’s innovation labs around the world.
The space aims to be a base for Mastercard to develop digital commerce solutions that simplify and safeguard payments between consumers and banks, merchants, businesses and governments around the world.
The interactive innovations on display feature a range of digital payments technologies, from robotics and artificial Intelligence, unattended retail, and contactless payments technology, to wearables, biometrics authentications and solutions. [Read more in EN]