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  • November 1, 2014
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  1. Business - Companies

    Belle same store sales hurt by growth in China e-commerce

    Posted Oct 29th 2014, 05:33am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Belle sales hurt by growth of e-commerce Footwear retailer Belle International expects same store sales to shrink this year as traffic at mainland department stores, a major sales channel, slows as a result of e-commerce. "Earlier this year we thought we could maintain the level of growth but looking at this point in time, ...

  2. Business - Companies - TRADE

    Global e-commerce trade held back by logistics costs, customs red tape

    Posted Sep 19th 2014, 05:34am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Global e-commerce held back by logistics costs High logistics costs and customs clearance problems have hindered the growth of international e-commerce trade, said Tommy Lui, head of global freight management for LF Logistics. Chinese e-commerce giant Alibaba is expanding its overseas markets, while American e-commerce giant Amazon wants to sell ...

  3. Business - Companies - E-COMMERCE

    Indian firms playing catch-up with global counterparts in e-commerce

    Posted Sep 11th 2014, 06:02am by Bloomberg

    ... Bloomberg Indian companies playing catch-up in e-commerce Alibaba enjoyed online sales of US$248 billion last year, more than eBay and Amazon combined. Unsurprisingly, it's also set to become the world's most valuable e-commerce company. By contrast, 20 million Indians spent a meagre US$2 billion shopping online in 2013, according to a report by Accel Partners. While ...

  4. Business - China Business - E-COMMERCE

    Wanda links with Tencent and Baidu in 5b yuan e-commerce venture

    Posted Aug 28th 2014, 05:03am by Reuters

    ... Reuters in Beijing Wanda joins net giants in 5b yuan deal Privately held Dalian Wanda Group is set to launch a 5 billion yuan (HK$6.2 billion) e-commerce joint venture with internet giants Tencent and Baidu, according to two sources familiar with the investment. The e-commerce venture, which will be 70 per cent owned by Wanda and 15 per cent held each by Tencent and Baidu, is set ...

  5. News - Hong Kong - INTERNET

    Alert over increase in online scams as e-commerce grows

    Posted Aug 12th 2014, 05:03am by MICHAEL DE WAAL-MONTGOMERY

    ... Michael de Waal-Montgomery michael.dwm@scmp.com Alert over online scams as e-commerce grows Hong Kong consumers are being warned to be increasingly wary of online scams as the e-commerce ... year from 3,015 in 2012. However, the value of the scams almost quadrupled to about HK$863 million from HK$238 million to about HK$863 million. Mok said that statistically, as e-commerce grows, ...

  6. Business - Companies - EARNINGS

    Tom gears up for growth on the back of e-commerce venture's gains

    Posted Jul 31st 2014, 01:24am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Tom plans expansion after e-commerce success Tom Group, the media conglomerate controlled by Li Ka-shing, plans to build up its core operations after reporting a profit in the first half of this year and solid gains by its e-commerce joint venture on the mainland. Chairman Frank John Sixt expressed confidence in pursuing that strategy even after ...

  7. Business - China Business - RETAILING

    New e-commerce service takes challenge to rival Alibaba

    Posted Jul 28th 2014, 04:27am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com New e-commerce service takes challenge to Alibaba Shanghai Media Group and Singapore-based YuuZoo are due to launch this week a new social media and e-commerce platform to challenge Alibaba Group's online shopping market leader Tmall.com. "We are very optimistic that we can be one of the top social e-commerce players in the [mainland] ...

  8. Business - China Business - E-COMMERCE

    China South City to invest HK$16b in e-commerce push with Tencent

    Posted Jun 26th 2014, 01:07am by SAU-WAI CHIM

    ... Sau-wai Chim sauwai.chim@scmp.com Mall and logistics park operator to invest HK$16 billion in land and facilities to support partnership with mainland e-commerce giant China South City, ... a partnership with e-commerce giant Tencent. Income from services developed for e-commerce should triple over the next three years, it said. The company will set aside HK$12 billion for capital ...

  9. Lifestyle - Technology

    Tech-savvy youngsters aim to bridge e-commerce gap between East and West

    Posted May 30th 2014, 12:50am by ETAN SMALLMAN

    ... Etan Smallman life@scmp.com Two tech-savvy young men are aiming to bridge the gap between East and West withtheir online marketing and e-commerce company, writes Etan Smallman Digital ... itself to be the "world's only full-service Anglo-Chinese digital marketing and e-commerce company". And its founder and CEO says he's calling his concept "the ...

  10. Business - China Business - LOGISTICS

    Logistics upgrade needed to support China's e-commerce boom

    Posted May 12th 2014, 11:49am by Reuters

    ... up to repair China's supply-chain flaws Alibaba's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China- and the weak link ... creaking under the strain, lacking the automation and state-of-the-art technology that has fuelled the rise in the United States and Europe of Amazon.com By 2020, China's e-commerce sector ...




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