Southeast Asia E-commerce Business Intelligence
November 10, 2017
November 07, 2017
GHL TO ENTER VIETNAM WITH 31.16% STAKE PURCHASE IN MOBILE PAYMENT COMPANY
GHL Systems Bhd has announced its entry into Vietnam by acquiring a 31.16% stake in MPOS Global Limited for US$3.32 million.
MPOS Global and Vietnam MPOS Technology provide the first and only non-bank mobile payment acceptance terminals and financial solutions for individuals and businesses through a 0%-interest installment scheme linked with 12 major banks across Vietnam.
GHL said the move is part of its ongoing transaction payment acquisition strategy in the region. Its executive vice-chairman Simon Loh said it believes Vietnam is ripe for an explosion in e-payment adoption and the strengths of both companies will see it becoming a major player in the e-payment landscape in Vietnam and Asean. [Read more]
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.
November 06, 2017
MOBILE PAYMENT HELPS DEVELOP NON-CASH ECONOMY
The Vietnam Electronic Payment Forum 2017 (VEPF) themed "Mobile Payment - a factor to promote the non-cash economy" officially opened last Monday in Ha Noi.
VEPF 2017 focuses on the development of non-cash payments in Vietnam through three main sessions: the explosion of mobile payment in the world and the trend in Vietnam, development of the ecosystem for mobile payment in Vietnam and a dialogue on electronic payment in e-commerce with Alibaba Group President, Jack Ma.
Through the VEPF 2017 this year, stakeholders have the opportunity to discuss, share and learn about mobile payment development in the world and to provide options of models of mobile payment ecology development, in accordance with the reality of Vietnam to promote the development of non-cash payment and financial inclusion in the country according to the direction of the Government. [Read more]
November 02, 2017
LAZADA TO LAUNCH INTERACTIVE TV SHOW
Lazada, the e-commerce company majority-owned by Alibaba Group Holding, will launch an interactive TV show next week in Thailand. It will be the first of its kind in Southeast Asia.
With a target on millennials - whom Lazada views as the most potentially active group of online shoppers - the event will be a blend of entertainment, shopping, social media and advertising.
"We are the first e-commerce company to create the concept of TV interactive show to cater to the millennials as this consumer group is very unique, they want to be inspired and don't like advertising," said Alessandro Piscini, chief executive of Lazada Thailand. [Read more]
November 03, 2017
JD.COM TO OPEN SHOPPING SITE WITH THAILAND'S CENTRAL GROUP
Chinese e-commerce company JD.com said that it will open an online shopping site in Thailand through a tie-up with local retail giant Central Group.
JD Central, as the site will be called, is expected to open in April 2018. Foreign clothing and cosmetics brands sold in Central's department stores will be available, alongside Thai produce and regional specialty foods and goods. In addition, Thai shoppers will have access to Chinese products such as electronics.
JD.com and Central are expected to invest 17.5 billion baht ($528 million) in all setting up the site and related services, including payments and shipping services. [Read more]
November 07, 2017
PHILIPPINES E-COMMERCE INDUSTRY TO DOMINATE SOUTHEAST ASIA BY 2020 –LAZADA
Lazada, the dominant e-commerce company in Southeast Asia, said by 2020 they expect the Philippines to be the top player in Southeast Asia’s e-commerce industry.
Lazada Philippines chief executive officer, Inanc Balci, said in the next three to five years, there is going to be an exponential growth in the country’s e-commerce industry, which is valued at over $1 billion.
Balci said the market dynamics in the Philippines, particularly the smartphone growth and Facebook pentration, could cause the boom of the e-commerce industry. [Read more]
November 07, 2017
IKEA LAUNCHES ONLINE SHOPPING IN SOUTHEAST ASIA, STARTING WITH SINGAPORE
Ikea has launched its e-commerce channel in Singapore Ikea.sg, and is scrambling to make Malaysia next, in mid-2018.
The site has quietly been live and taking orders for about seven weeks now, but Ikea is ready to properly let everyone know now, said Mike King, Ikea Southeast Asia's retail director.
Ikea received its first order on the site within 20 minutes of flipping the switch on, after which the volume kept growing by word of mouth, he added. [Read more]
November 01, 2017
GRAB STARTS MOBILE WALLET SERVICE AT HAWKER STALLS IN SINGAPORE
Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector.
Grab will enable its 4 million users in the city-state to scan a quick response, or QR, code to pay for local dishes at hawker stands around the country. Grab plans to increase the number of small merchants accepting GrabPay from 25 to 1,000 by the end of December.
Grab wants to build on its success in ride-hailing by adding new services in the more lucrative payments market. The company has expanded from taxi booking to private vehicles, rental cars and shuttle bus services. The five-year-old startup plans to roll out mobile wallet services across the region next year, according to co-founder Tan Hooi Ling. [Read more]
November 04, 2017
ALIBABA LAUNCHES ELECTRONIC TRADING HUB IN MALAYSIA
The Malaysian government and Alibaba on Friday jointly launched a regional e-commerce hub located near the Kuala Lumpur airport area, as a part of Alibaba founder Jack Ma's vision to create an Electronic World Trade Platform (eWTP) where people can "buy global and sell global."
The operation of the eWTP coincided with the establishment of a joint venture between Alibaba's logistics affiliate Cainiao and Malaysia Airports Holdings. The Joint Venture, with a total paid up capital of 206.67 million ringgit ($48.84 million), will implement and carry out the development of the regional e-commerce and logistics hub, comprising the development of cargo terminals, sorting centers, warehouse and fulfillment centers, and other facilities for the e-commerce industry, according to the filing. [Read more]