Alibaba Group and Fung Retailing Form Strategic Partnership

Retailing Limited, with a global network of over 3,000 stores, and Alibaba Group Holding Limited recently announced a strategic partnership to bring more international lifestyle brands to mainland China. This collaboration aims to meet the increasing demand of Chinese consumers, building on the strengths of both parties in online and offline retailing. At the same…

Who’s Winning Philippines’ E-commerce Arena: Local Or International Players?

Companies from small and medium enterprises (SME) to giant corporations are shifting to e-commerce to broaden their consumer base despite Philippines’ “mall culture”. The Philippine e-commerce has the lowest retail e-commerce sales share against SEA markets but shows potential with its growing internet and smartphone penetration, rising middle class and young population.According to Google-Tesmark Holdings…