Ecommerce
SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
[SINGAPORE] More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times understands the major client involved was Cainiao,...
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
[SINGAPORE] South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused...
Indonesia working on new e-commerce tax rule in bid to target ‘shadow economy’
[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”,...
Coinbase launches stablecoin payments service for e-commerce
[NEW YORK] Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big leap forward in the mainstream adoption of...
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Chinese e-commerce giant Alibaba reported quarterly revenue that missed Wall Street estimates on Thursday (May 15), as the company works on new strategies to keep consumers spending amid...
Chinese e-commerce sites offer discounts of up to 2,530 yuan on Apple’s latest iPhones
[BEIJING] Chinese e-commerce platforms are offering discounts of up to 2,530 yuan (S$457) on Apple’s latest iPhone 16 models, an effort to spur sales as first-quarter shipments by the...
Chinese e-commerce giants make expensive bets on fast deliveries
[SHANGHAI] Chinese e-commerce giants Alibaba and JD.com have opened a new front in the ongoing battle for market share, with both expanding aggressively into so-called instant retail centred around...
Alibaba, Xiaohongshu in tie-up as China e-commerce competition intensifies
[SHANGHAI] Chinese e-commerce giant Alibaba is partnering with popular content platform Xiaohongshu to allow users on Xiaohongshu to directly click on product links to shop on Alibaba’s Taobao platform.
The...
