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China’s major e-commerce platforms including JD and Alibaba’s Tmall kicked off this year’s 618 mid-year shopping festival on Tuesday with record sales, in another testament to the massive buying power of Chinese consumers in a virus-free environment and the resilience of the Chinese economy.
Lychees grown in Bac Giang province (Photo: VNA) Hanoi (VNA) - Following successful sales of lychees, efforts have been made to sell other Vietnamese farm produce on e-commerce platforms, the Nong nghiep Viet Nam (Vietnam Agriculture) newspaper has reported. Overcoming technical barriers Lychees grown in the northern province of Hai Duong officially went on sale on one of Vietnam’s leading online marketplaces, Lazada, on May 14. More than 3 tonnes have been sold since. The fruit then became available on Sendo 10 days later, which sold 6 tonnes on the first day at 18,000 VND (0.78 USD) per...
Fake and low-quality goods: the biggest problem for e-commerce platforms Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 18/05/2021 12:00 GMT+7 Counterfeit and poor-quality goods are the biggest obstacle that customers face on online shopping platforms. Mr. Bao, a customer in Ho Chi Minh City, wanted to buy 2XU brand jogging pants. He ordered the pants on a popular e-commerce site for VND350,000 and after receiving the product, he found out that it was...
0 The coronavirus (COVID) pandemic has introduced an outlet bias, as a large share of total spending moved online that is charging a mark-up over off line prices. In fact, the price of e-commerce platforms and Kirana stores has converged, says a research note from State Bank of India (SBI). According to the report, during the pandemic the use of online delivery platforms, such as Goffers, Nature Basket, and Licious has soared and most retailers in these platforms tend to have higher prices than in their physical stores. During this crisis, consumers have spent a lot of time at home an...
AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis. Round: Series D Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity fun...