Southeast Asia E-commerce Business Intelligence
September 28, 2017
LAZADA EXPANDS ALIBABA'S TAOBAO MARKETPLACE IN SOUTHEAST ASIA
Online retailer Lazada Group said it will sell select items from Alibaba Group Holding's Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms.
Taobao Collection will be offered in Indonesia, the Philippines and Thailand in the next few weeks through Lazada's platform. Lazada began selling Taobao products in Singapore and Malaysia earlier this year.
The products are curated to appeal to local tastes in the different countries and will be offered in the respective local languages on the Lazada sites, the company said. [Read more]
September 25, 2017
March 2017 - Present
Creation of an European Procurement Share Service Center for 1000 Points of Sales of a big Car repair Network.
France & Belgium
April 2017 - Present
Design the 5 years IT orientations which will support a agricultural company's international strategy.
Strategic review for the financial SSC of an agricultural company.
April 2016 - Present
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
September 24, 2017
SOUTHEAST ASIAN ONLINE SERVICES FIRM SEA LTD LINES UP US$1B NEW YORK IPO
Southeast Asia’s Sea Ltd, which provides e-commerce and digital payments services, is eyeing a US$1 billion offering of new shares in aggregate in a proposed initial public offering (IPO) on the New York Stock Exchange, according to a document it has filed with the US Securities and Exchange Commission.
Goldman Sachs (Asia), Morgan Stanley & Co International and Credit Suisse Securities (USA) are joint bookrunners for the proposed IPO of its American depositary shares, the Singapore-based company said.
The number of shares on offer and the price range have not yet been determined, said Sea, formerly known as Garena, which was valued at US$3.75 billion after a March 2016 funding round. [Read more]
September 28, 2017
DIGITAL AD SPENDING SET TO SURGE IN SOUTHEAST ASIA
Digital ad spending in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam is poised to swell thanks to heavy mobile investment across the region.
According to eMarketer’s latest digital ad spending forecast for Asia-Pacific, all six countries will see digital ad expenditures increase by double digits in 2017 and 2018. Mobile ad spending in these markets will more than double during the forecast period, surpassing $2.20 billion and accounting for nearly 69.0% of digital ad expenditures by 2021.
Indonesia, the Philippines and Vietnam will see the strongest growth in mobile ad spending among the countries in Southeast Asia tracked by eMarketer. Thanks to heavy smartphone adoption, both the Philippines and Vietnam will double their mobile ad expenditures this year, while Indonesia will increase outlays by 80.0%. [Read more]
September 27, 2017
LOCAL FIRMS DOMINATE E-COMMERCE IN VIETNAM
Local firms are demonstrating their strength in winning hearts of Vietnamese consumers in e-commerce, an interactive E-commerce study conducted by iPrice has revealed.
The study, conducted from April to June this year, compared 50 e-commerce websites in Viet Nam in various parameters including traffic (based on Similarweb), application downloads and social media followers.
The survey found that eight of the 10 biggest e-commerce merchants in terms of traffic are local firms who are already familiar with Vietnamese customers such as The Gioi Di Dong (Mobile World), Sendo, Tiki, Vat Gia, FPT Shop, Dien May Xanh, A Day Roi and Nguyen Kim.
Lazada and Shopee, who are operating across South East Asian countries, are the only international firms in the top 10. [Read more]
September 26, 2017
CENTRAL GROUP SURGING AHEAD WITH EXPANSION, E-COMMERCE
BANGKOK’S Central Group is giving priority to e-commerce given global trends that is seeing worldwide trade shifting from traditional to modern, and now cyber trade. The retail and service conglomerate has been growing for the past few years, opening or acquiring operations in Indonesia, Malaysia and Vietnam in this region, and in Denmark and Italy in Europe.
In Vietnam, the group has opened two Robins stores and formed a joint venture with Vietnam’s leading electronics retailer, Nguyen Kim Trading Joint Stock Company, and Vietnam’s supermarket chain, Lanchi Mart. Last year, it spent US$1.05 billion to acquire Big C supermarkets in Vietnam, previously owned by France’s Casino Group, to strengthen its business in Asean.
Meanwhile, in Indonesia, the group opened two Central department stores while in Malaysia, it is in the process of constructing Central I-City, a lifestyle mall. Scheduled to open in late next year, it will boast close to 350 retail outlets. Plans include a performing arts and convention centre, a medical tourism hub and hotels. [Read more]
September 22, 2017
THAI E-COMMERCE IS PREDICTED TO TRIPLE TO B2.1TN
Retail e-commerce value in Thailand is projected to reach 2.1 trillion baht in 2022, three times higher than 2016, thanks to intense competition from big players, the popularity of social commerce and the availability of wireless technology.
Ratthasart Korrasud, senior executive vice-president of the Digital Economy Promotion Agency (Depa), said by 2022, online retail in Thailand will account for 8.2% of the total, up from 3% in 2016.
The overall Thailand e-commerce market in 2016 was valued at 2.5 trillion baht, of which business to consumer (online retail transactions) were value at 729 billion, accounting for 3% of total retail value. [Read more]
September 26, 2017
GREYORANGE INSTALLS SORTER FOR POS INDONESIA
GreyOrange has announced its 50th installation of an advanced sortation system for Pos Indonesia.
Singapore-based GreyOrange specialises in the design, manufacture and deployment of advanced robotics and automation systems for distribution and fulfilment centres.
Gilarsi W. Setijono, CEO, Pos Indonesia said: “The growth in retail and e-commerce in Indonesia has been phenomenal and it is well-timed for the logistics industry to adopt the newest technologies. The increasing demands for fulfilment and last mile delivery – which call for higher efficiency, accuracy and traceability – have grown steadily. We needed a Sortation system that lets us handle a bigger volume so that we are able to fulfill same or next day deliveries accurately and efficiently. The GreyOrange Sortation system lets us do that.” [Read more]
September 26, 2017
ALIPAY AND SINGAPORE TOURISM BOARD TEAM UP TO TARGET CHINESE TOURISTS IN SINGPORE
Alipay — the mobile payment company owned by Chinese e-commerce giant Alibaba — has teamed up with the Singapore Tourism Board (STB) to enhance Chinese tourists’ overall experience in Singapore. Under the agreement signed, Alipay and STB will share content about Singapore on Alipay’s platforms and STB’s Tourism Information and Services Hub, a business-to-business platform.
The two entities will also share data and analytics on trends in Chinese travel to Singapore with tourism industry stakeholders in Singapore, to help the industry better understand and target Chinese consumers.
In addition, Alipay and STB will explore co-investment in joint-marketing initiatives to encourage Chinese tourists to spend with Alipay while in Singapore. [Read more]