Alibaba Group Holding Limited announced that it will invest approximately USD1 billion to increase its stake in Lazada Group, from 51% to approximately 83%. This transaction demonstrates the continued success of Lazada’s business, Alibaba’s confidence in the growth potential of the Southeast Asian markets and its commitment to the region as part of its global strategy. Alibaba will purchase the shares of certain Lazada shareholders at an implied valuation of USD3.15 billion for the … [Read more...] about Alibaba Group increase stake in Lazada
E-commerce
Seko Logistics partners with Retain.Me
SEKO Logistics is offering ecommerce customers the opportunity to increase sales and build consumer loyalty through a partnership with Retain.me using their new SmartSlips ™ Technology to replace traditional and increasingly obsolete delivery notes. A SmartSlip™ is a full colour, printed document which combines both transactional and marketing content that is personally relevant to each individual customer based on their web browsing behaviour. SmartSlips™ offer a completely new … [Read more...] about Seko Logistics partners with Retain.Me
World’s first platform to power Global Trade Connectivity
Global eTrade Services (GeTS) has launched the world’s first trade platform to accelerate cross border trade across the globe. The Single Window service offering by GeTS, a subsidiary of CrimsonLogic (the leading provider of eGovernment products and services, based in Singapore), aims to power trade connectivity and the efficient fulfilment of trade compliance requirements. “CrimsonLogic built TradeNet, the world’s first Single Window system for Singapore in 1989. Since then, we … [Read more...] about World’s first platform to power Global Trade Connectivity
FedEx Express, ATP continue world tour courtship
FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, announced its sponsorship renewal of the ATP World Tour. Building on FedEx’ extensive history of sports sponsorships around the world, FedEx will maintain its international ATP sponsorship programme which includes 17 tournaments, across 11 countries. “With its unique global footprint, the ATP World Tour is the perfect match for FedEx. We share many values with this … [Read more...] about FedEx Express, ATP continue world tour courtship
Cargolux honored with its fourth STAT Times Africa award
For the fourth time, Cargolux Airlines was honored with The STAT Times’ International Award for Excellence in Air Cargo in the category International All Cargo Carrier of the Year in Africa at the Air Cargo Africa 2017 conference in Johannesburg, South Africa. The award was accepted on behalf of the airline by Jonathan Clark, Cargolux Regional Director Africa, at the Gala Award Night on 22 February at the Barnyard Theatre, Johannesburg. Cargolux was selected from a group of nominees by … [Read more...] about Cargolux honored with its fourth STAT Times Africa award
Over 300 heads of eCommerce get together at eTail Asia 2017
eTail Asia 2017 organized by Worldwide Business Research (WBR) was held in Singapore from 8 to 9 March 2017. The 2 day conference explored the most pressing challenges and opportunities in digital retail in the Asia-Pacific region, attended by senior eCommerce and multichannel directors of leading retailers. This year’s theme had a greater pan-Asian focus and tracks were conducted in an interactive format, with participation and discussion to give attendees a new level of … [Read more...] about Over 300 heads of eCommerce get together at eTail Asia 2017
