Offline retailers may boycott iPhone 6 as iPhone 5S being offered at discounted prices on e-commerce sites

NEW DELHI: Some mobile phone retailers have threatened to boycott Apple’s much-awaited iPhone 6 and 6 Plus models after their expected pre-Diwali launch because they are miffed that the iPhone 5S is being offered at heavily discounted prices on popular e-commerce sites Amazon, Flipkart and Snapdeal. According to sellers that ET spoke to, some of the 1.5 lakh retailers claimed they have returned their iPhone 5S models, saying they can’t compete with the discounts, which have lowered the price of the device to less than their cost.

http://economictimes.indiatimes.com/tech/hardware/offline-retailers-may-boycott-iphone-6-as-iphone-5s-being-offered-at-discounted-prices-on-e-commerce-sites/articleshow/43755847.cms

Aussie e-commerce merchant expands into Singapore, Hong Kong and Malaysia

Australian e-commerce merchant, eWAY, has expanded its global business into Singapore, Hong Kong and Malaysia. The launch adds three more countries to eWAY’s growing global operations and now supports businesses operating across Australia, New Zealand, the United Kingdom, Singapore, Hong Kong, and Malaysia. Since launching, the company has processed more than 110 million transactions worth $15 billion for more than16,000 active businesses both large and small.

http://www.arnnet.com.au/article/556112/aussie-e-commerce-merchant-expands-into-singapore-hong-kong-malaysia/

Line brings its Q&A app to Taiwan in advance of its plunge into local ecommerce

Taiwanese Line addicts who like a little kawaii with their Quora will soon have a favorite new app. The team behind the popular mobile messenger has rolled out Line Q, a social Q&A app not unlike Yahoo! Answers, for domestic users. The app works much as one might expect – users register with a pseudonym (you’re not allowed to use your Line ID as your Line Q ID – which is a good thing), choose a few categories they’re interested in, and can then begin posting questions and replying to submissions from other people.

http://www.techinasia.com/line-brings-qa-app-taiwan-advance-plunge-local-ecommerce/

How tax query to Amazon opens a Pandora’s box for ecommerce in India

Tax authorities in Bangalore, the capital of Karnataka state, are looking into why Amazon India does not pay value-added taxes – as required under the VAT Act, 2003 – on goods stored in its warehouses. The investigation was first reported by Deccan Herald late last month. Now the matter has escalated. The Enforcement Directorate has issued notices to a number of vendors and stopped the sale of their products from Amazon’s warehouses, Mint reports.

http://www.techinasia.com/amazon-tax-mess-opens-pandoras-box-for-ecommerce-india/

Flipkart, Snapdeal, Amazon to battle it out for Android One market

NEW DELHI: Competition in the booming multi billion dollar Indian smartphone market is further set to intensify with e-commerce giants Amazon, Flipkart and Snapdeal all set to launch Google’s much-awaited sub-USD 100 (around Rs 6,000) handsets tomorrow. Google is launching the Android One devices in India tomorrow.  In June this year, the US-based tech giant had announced the ‘Android One’ initiative to bring in under-USD 100 handsets aimed at bringing the next one billion population to the Android operating system ecosystem.

http://economictimes.indiatimes.com/tech/hardware/flipkart-snapdeal-amazon-to-battle-it-out-for-android-one-market/articleshow/42453928.cms

Singapore’s hot online grocer RedMart sets foot in India

Singapore-based online grocer RedMart announced its foray into India with a development center in Bangalore. No, it is not going to sell groceries online in India. At least, not yet. Instead, RedMart’s move to India is to push the technology side of its operations. To do that, the company is hiring engineers in India currently. RedMart was founded in March 2011 by Roger Egan, Vikram Rupani, and Rajesh Lingappa. It is backed by the venture arm of game publisher Garena, Skype co-founder Toivo Annus, Facebook co-founder Eduardo Saverin, CEO of FreshDirect Jason Ackerman, Visionnaire Ventures, and SoftBank Ventures.

http://www.techinasia.com/singapores-hot-online-grocer-redmart-sets-foot-india/

Rakuten confirms Ebates acquisition, Ebates CEO admits Alibaba threat encouraged his decision

At a press conference in Tokyo today, Hiroshi Mikitani, founder and CEO of Rakuten, Inc. (TYO:4755 ), confirmed reports that his company will acquire American online coupon firm Ebates . The ticker price comes in at JPY 105 billion (US$1 billion). Founded in 1998, Ebates offers coupons or cash-back incentives to drive online shopping. Stores register on Ebates and post coupon codes or cash-back terms. Shoppers registered at Ebates can then copy the coupon link, click on the product they want to buy, and make the purchase. For cash-back offers, Ebates will send the user a check four times a year or more.

http://www.techinasia.com/rakuten-ebates-acquisition-confirmed/

Building a giant? Rocket bets big on new online markets

[SINGAPORE] Germany’s Rocket Internet faces daunting logistical challenges and rising local competition from Lagos to Laos as it races to capture customers in emerging markets before e-commerce titans Amazon and Alibaba can catch up. That spells mounting losses as the venture capital company gears up to launch an initial public offering (IPO) this month that will help provide the war chest it needs to build and defend what it hopes will be the largest online shopping empire outside the United States and China.

http://www.businesstimes.com.sg/breaking-news/technology/building-giant-rocket-bets-big-new-online-markets-20140908

Amazon Might Have Fix For Chinese Suppliers Who Don’t Like Alibaba

Chinese exporters might have found a way around using Taobao and Alibaba to ship overseas. The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development and delivery. Shanghai’s cross-border trading e-commerce pilot platform formally started operation at the end of 2013.

http://www.chinatechnews.com/2014/09/01/20873-amazon-might-have-fix-for-chinese-suppliers-who-dont-like-alibaba

Alibaba vs Amazon in an infographic

Alibaba vs Amazon? It’s tough to compare the two e-commerce companies given that each company subscribes to different business model. But that didn’t stop the guys at Smart Intern China to create an infographic  comparing the two giants. Infographic aside, it is perhaps important to note that Amazon and Alibaba each adopts different e-commerce models. Amazon follows the B2C model which purchases stock and maintains its own warehouse and logistics. Whereas Alibaba follows the C2C and B2B2C models (like Taobao and Tmall) which are open platforms and marketplaces.

http://www.techinasia.com/alibaba-amazon-infographic/

WeChat and Alipay ramp up ecommerce race with new features for online and offline merchants

Tencent today announced a suite of new features for businesses to better engage customers through their public WeChat accounts, according to TechNode . One day earlier, Alibaba’s mobile Alipay Wallet released over 60 new APIs for third party developers to build online storefronts, according to the company’s official English-language blog .

http://www.techinasia.com/wechat-alipay-ramp-ecommerce-race-features-online-offline-merchants/

Indian price comparison site PriceBag raises $2M

Product discovery and price comparison engine PriceBag.com, owned by Gurgaon-based Accentium, raised US$2 million in funding from undisclosed angel investors. The investment will be used to further develop the site and market it, the company announced . India is a very price-conscious society, and consumers could do with a little help on finding the right prices online. So this is a natural market for review and comparison sites.

http://www.techinasia.com/pricebag-funding-2-million/

Line takes aim at Rakuten and Amazon, to launch five new ecommerce services

Line, the messaging app that has nabbed 490 million registered users in three years, announced its plans for becoming a major player in the ecommerce industry at a news conference in Tokyo today. The strategy marks an interesting inflection point for Line. The service gained popularity for it’s colorful stickers, grew its revenue base with mobile games , and now has its sights set on ecommerce.

http://www.techinasia.com/line-mall-challenges-rakuten-amazon/

Nearly one quarter of China’s population now shops online

The deputy minister of China’s Ministry of Industry and Information Technology (MIIT), Shang Bing, today took the stage at Beijing’s annual China Internet Conference to dish out the latest stats on the country’s internet users, according to QQ Tech . He says 52.5 percent of Chinese internet users now shop online – about 332 million in total. Shang reiterated previous statistics from June showing internet penetration is at 46.9 percent. China has 632 million internet users, 527 million of them access the internet on mobile devices.

http://www.techinasia.com/quarter-chinas-population-shops-online/

Flipkart-Myntra comes first, Jabong second, and Amazon third in India’s ecommerce race

Here’s the answer to India’s who-is-first ecommerce debate: the Flipkart-Myntra combo leads the race with 26 million unique visitors in July 2014. Jabong, with 23.5 million unique visitors, is a surprisingly close second, and Amazon is third with 16.9 million unique visitors, according to a study  by the Associated Chambers of Commerce and Industry of India (Assocham) and ComScore. These numbers do not include visitors accessing the sites using mobile internet and mobile apps.

http://www.techinasia.com/indian-ecommerce-flipkart-myntra-jabong-amazon/

Personalization-as-a-service is the new thing in ecommerce

Herald the rise of Alibaba as much as you’d like, there’s no disputing Amazon is still the gorilla of the ecommerce world, at least revenue-wise . Being a giant has its perks. You can invest in technology your competitors can only dream of. One such tech is personalization, that is, utilizing personal data to modify a person’s experience of using the site with the aim of making him buy more stuff.

http://www.techinasia.com/personalizationasaservice-ecommerce/

Wanda Will Invest CNY5 Billion For E-commerce Development

Wang Jianlin, chairman of Wanda Group, announced during the company’s semi-annual work conference that the company will focus CNY5 billion to enhance the group’s online commerce efforts. Wang revealed that Wanda will cooperate with China’s largest e-commerce providers to establish Wanda e-commerce and the first-phase investment will be estimated at CNY5 billion. Wanda e-commerce aims to discover a profit-making model in about three years.

http://www.chinatechnews.com/2014/08/05/20784-wanda-will-invest-cny5-billion-for-e-commerce-development

Indonesians started their e-commerce activities earlier during Ramadan: aCommerce

A study by aCommerce, an e-commerce solutions provider in Southeast Asia, found that Indonesians started shopping online as early as 4 am during the recent Ramadan, the fasting month for Muslims. The study analysed e-commerce data of five retailers selling apparels, beauty and sports products during the two weeks prior and two weeks during Ramadan.

http://mis-asia.com/tech/industries/indonesians-started-their-e-commerce-activities-earlier-during-ramadan-acommerce/

Singapore’s GIC invests in India’s Flipkart, Amazon counter-invests US$2 billion in India

Flipkart emerged as India’s top e-commerce company when it did not face any significant competition in the Indian market. The rules of the game changed last year when global e-commerce giant Amazon came out in the market to compete with Flipkart and other e-commerce companies. Last year, Flipkart moved its back end technology operations to Singapore. Flipkart Pvt Ltd, the key holding arm of Flipkart, is a Singapore incorporated entity.

http://mis-asia.com/tech/industries/singapores-gic-invests-in-indias-flipkart-amazon-counter-invests-us2-billion-in-india/

Amazon investing US$2 billion more in India as online retail booms

Amazon.com is investing US$2 billion more in India, which is witnessing an online retail boom. The online retailer has been expanding in India, and earlier this week said it was setting up five new fulfillment centers in the country, which will double its total storage capacity to over half a million square feet (over 46,500 square meters). The investment announcement comes a day after a top Indian online retailer, Flipkart Internet, said it had raised $1 billion in new funding.

http://mis-asia.com/tech/industries/amazon-investing-us2-billion-more-in-india-as-online-retail-booms/