US retailer Best Buy is going to make a comeback in China later this year - albeit a very quiet and limited one. The company’s VP, Wang Jian, has confirmed that one site - its flagship Shanghai store in the Xujiahui district (pictured below) - will reopen sometime in December. This is quite a turnaround from its very public humiliation in February of this year, when Best Buy closed its nine stores in China. At the time it seemed as if Best Buy was gone for good, instead focusing on its ...
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Sep 13 2011
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Jiepang Check-Ins Reveal Favourite Brands, Foods, Movies in China [INFOGRAPHIC]
The Infographic of the Day series visually expresses important stories from Asia and the world of technology. One of Jiepang’s most popular location-based services (LBS), Jiepang, has made a neat infographic that breaks down some user trends. It gives a snapshot of how China’s smartphone-carryin’, LBS-lovin’ youngsters spend their time. It reveals a pretty keen engagement with brands by these users, and a good understanding of what’s hot right now. Beijing Hot-Spots Starting in Beijing, we see the hottest part of the city, in terms of check-ins, is the unassuming downtown area of ...
Sep 9 2011
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Rakuten Invests in Russian e-Retailer Ozon.ru
Japan’s online retail giant Rakuten just announced that it has invested in Ozon.ru, a Russian e-commerce service. According to Rakuten’s statement, Ozon has 5.2 million registered members. This is not the first time Rakuten has explored the European landscape. readers may recall back in July when we reported about the company’s acquisition of Tradoria, an online shopping site in Germany. Back in 2010, it acquired Price Minister out of France. Rakuten CEO Hiroshi Mikitani remarked: We are pleased to form this partnership with OZON.ru. They have committed leadership, a talented ...
Sep 19 2011
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Alibaba, Rakuten Among Most Visited Retail Sites, With Room To Grow
{"dataSourceUrl":"//docs.google.com/spreadsheet/tq?key=0Ankqe-fbHOHIdEo4aVRYaEI3Z2NzYlE4NUEyNlBTaUE&transpose=0&headers=-1&range=A4%3AB13&gid=0&pub=1","options":{"vAxes":,"reverseCategories":false,"title":"Total unique visitors as a percentage of total internet population (comScore June 2011)","backgroundColor":"#FFFFFF","legend":"none","logScale":false,"reverseAxis":false,"hAxis":{"maxAlternation":1,"format":"#0.##########%"},"hasLabelsColumn":true,"isStacked":false,"vAxis":{},"width":328,"height":331},"state":{},"chartType":"BarChart","chartName":"Chart 1"} According to a report today on retail and auction sites from research firm comScore, Amazon is reaching over 20 percent of the internet’s entire population, with 282 million visits in June. That’s more than any other site, including second ranked eBay which reaches 16 percent. How do Asian companies fare in the rankings? I’m glad you asked. Chinese e-commerce giant Alibaba comes in at number three reaching 11.3 percent, although as you can see in ...
Aug 12 2011
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Sina Launches Luxury E-Commerce Store, Packed with Designer Brands
Sina, best known for its wildly popular Weibo microblog, has today launched a designer brand-oriented B2C e-commerce site, called Sina Luxury. Sina’s Luxury store - take a look here - carries brands such as Dior, Burberry, Gucci, and Paul Smith. Unlike the Chinese luxury e-tailer IHaveYou.com (pictured below), Sina’s new site doesn’t (yet) have menswear. Prominently featured at the top of the Sina Luxury page is a “100 percent guaranteed genuine” stamp, which is a jibe at the piracy/counterfeit problem on rival e-commerce sites, especially on the C2C sections of Taobao and Tencent’s ...
Aug 1 2011
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Breaking The Fast: A Free Food Contest for Indonesian Bloggers
Calling Muslim bloggers in Indonesia - you can get a free meal for breaking your fast in one of three fancy restaurants at the Grand Indonesia Shopping Town (GIST) during this Ramadhan. Interested? But there is a catch... Grand Indonesia Shopping Town is one of the biggest shopping malls (well, they call it a ‘town’) in Jakarta and is well-known as a place to hang out, with plenty of fancy restaurants. As a promotion during Ramadhan, GIST is inviting bloggers to make a post about their culinary experience or a review ...
Jul 26 2011
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Amazon Set To Enter India Next Year
Online retail giant Amazon is poised to enter the Indian market as soon as the first quarter of next year, reports Times of India today. Citing unnamed sources, it says that the company is hiring in Hyderabad, Bangalore, and Chennai, possibly over 200 people. Pluggd.in reported last month that a call for applications had gone out from Amazon HR representative @guptak via Twitter. They also pointed to the fact that someone named Madhu M was hired as the SVM at Amazon India in Chennai. We reported back in March that the e-commerce ...
Jul 6 2011
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BigAdda Closes Social Network, Changes to Shopping Portal
Facebook is not alone in focusing on the e-commerce market in India, where they recently launched Facebook Credits. Now a leading local player - BigAdda - has also sensed the increasing potential of the e-commerce market in the country. Reliance’s social networking site BigAdda.com is transforming into a shopping portal and saying goodbye to its social networking operation. BigAdda Shop, which was launched as a pilot project earlier in April, has been doing exceptionally well. Today the company passed RS 20 million worth of gross transactions per month. In fact their ...
Jun 22 2011
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How Rakuten Plans To Gain Market Share in Indonesia [INTERVIEW]
Readers may remember us reporting the launch of Rakuten Belanja just earlier this month. With so many e-commerce sites launching and battling it out in Indonesia, we wanted to dig a little deeper into how Rakuten Belanja Online plans to gain market share in the next one or two years ahead. To that end, we interviewed Doddy B Ekaputra, Head of Marketing at Rakuten Belanja Online. You can read Doddy's thoughts below: 1. Rakuten is now officially launched in Indonesia. What's next? We aim very high in this market. And we are striving to be ...
Jun 20 2011
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Cartier Joins Burberry, LV, and More Luxury Retailers with a Youku Brand Channel
Cartier, the exclusive jeweler and watchmaker, has launched a branded channel on Youku.com, China's biggest video-sharing site. It joins six other upscale brands - Louis Vuitton, Dior, Burberry, Gucci, Omega, and Mido - in opting to engage with Chinese consumers via Youku as a part of their social media strategy in the country. Cartier's branded channel - go take a look, if you fancy it - is a bit sparse thus far, with just four videos that have been watched only a few hundred times; but it's still in its infancy. ...
Jun 6 2011
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Facebook Grocery Shopping With Farm2Kitchen
Farm2Kitchen is India's first Facebook social shopping that has redefined the shopping experience for Indian women. For obvious reasons, Farm2Kitchen believes that Indian women should not waste too much time buying groceries. Who would say no to the convenience of being able to select your own groceries, have them delivered to your door step for free, and without the hassles of swiping your credit card. In my view, Farm2Kitchen has redefined the shopping experience by providing an alternative way to shop online, all through Facebook. How to Shop? Shopping for vegetables and fruits is not ...
May 3 2011
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China’s Ctrip Launches Hotel Group Buy Site
Adding to the group buying frenzy in China and around the rest of Asia, Chinese travel service Ctrip just jumped into the fray with its own group-buying service for special hotel deals. The service can be found at deals.ctrip.com/group. While group buying tends to work well for restaurant deals or for certain retail products, the travel industry may not be such a lock when it comes to promoting deals. For most people, travel is not an impulse buy, nor is it something that you usually do often. And then there’s the danger ...
![Japan’s Social Giants: Trends in User Numbers [CHART]](http://www.penn-olson.com/wp-content/uploads/2012/02/IMG_5437-80x80.jpg)
Japan’s Social Giants: Trends in User Numbers [CHART]
Feb 8, 2012
Cazbak Partners With Giant E-commerce Sites, Gives Savings to Consumers in India
Feb 8, 2012
Perx’s ‘Chop Mob’ Helps Coffee Bean Increase 50% in Transaction
Feb 8, 2012
CyberAgent Ventures Invests in Vietnamese Music Service
Feb 7, 2012
DropMySite.com Backups Your Website, Email, and Database in the Cloud
Feb 8, 2012