Bricks and Clicks
Thai startup unveils tool that helps retailers list their products across multiple marketplaces, announces plans to penetrate Malaysia and Vietnam this year.
Singapore startup Tagg wants to give brick-and-mortar companies digital stores to help customers find discounts and promotions, but has had to face technical and business challenges.
Having gone ‘physical’ in July, FashionValet finds that 10% of its online customers prefer to collect their items from its physical store.
Hyperion Labs Sdn Bhd said it has launched its ‘nect’ app for the Android and iOS platforms, allowing consumers to harvest points at physical shops – without needing to touch their phones – and letting them redeem specials using the accumulated points.
E-commmerce startups are challenging the status quo and putting traditional retailers on the ropes, but traditional retailers still hold a key edge, Ardent Capital CEO Adrian Vanzyl told the What's Next conference.
Only six in 10 F&B businesses in Singapore, and foodpanda is giving F&B outlets a fighting chance by offering delivery with little to no upfront costs, claims its regional head Emma Heap.
Retailers seeking to capitalise on IoT (Internet of Things) technologies will spend an estimated US$2.5 billion in hardware and installation costs, nearly a fourfold increase over this year’s estimated US$670 million spend, according to new data from Juniper Research.
Singapore-based online grocer and marketplace RedMart announced it has closed a US$26.7 bridge round, bringing its total funding since inception to US$54 million, and has hired a former Amazon.com vice president as chief operating officer (COO).
FashionValet founder Fadzarudin Anuar feels that his e-commerce site has hit all its low-hanging fruit and needs a new customer base – which he found offline. Karamjit Singh has the story.
Singapore mobile Internet users trailed behind their South-East Asian neighbours – including Vietnam – when it came to making a mobile shopping purchase in 2014, with only the Philippines faring worse, according to a MasterCard Mobile Shopping Survey.