A curation of the latest news in e-commerce, logistics, and tech in Southeast Asia and beyond.
As we end off the first quarter of 2019, we see more development in e-commerce gamification in Southeast Asia, China’s continued expansion plans, and the rise of omnichannel retail in Malaysia.
Southeast Asia is entering the age of ‘shoppertainment’, with major platforms like Lazada introducing a live streaming feature in lieu of its 7th anniversary. Chinese platforms under Alibaba already have live streaming and video features, such as Taobao’s online video demo for merchants, and Tmall’s “See Now Buy Now” fashion show. Meanwhile, Indonesian e-commerce platform Bukalapak has some live channels and movies in its BukaNonton feature, further blurring the line between shopping and entertainment.
On top of that, Lazada shows off marketing prowess by adding branding capabilities for merchants. This includes the ‘shoppertainment’ features they’ve been pushing aggressively, such as an image search function, consumer engagement games, and in-app live streaming. The e-commerce giant wants to become more than just a ‘simple buy and sell platform’ and is offering branding, marketing, and sales solutions for merchants and businesses.
Cainiao, AliExpress team up with Spain’s Correos to provide cross-border logistics services for AliExpress in Spain. The partnership with Correos, Spain’s postal service, and Cainiao will be a boon to AliExpress to ship their e-commerce goods into the European country, while also boosting Spanish SMEs on AliExpress. This move seems complementary to China’s One Belt, One Road initiative, as Spain is not a region within the Silk Road Economic Belt.
Additionally, China’s e-commerce giants are expanding to small cities to target a growing consumer base known as “Lower Tier Living Large” (LTLL). 5% of them are of the same income level of an average American, and Alibaba claimed that LTLLs account for over 70% of its user growth. This new target market follows the recent economic slowdown in China as growth plateaus in big cities like Beijing, Shanghai, Guangzhou, and Shenzhen.
Retail Players Resilient amid E-commerce Boom (Malaysia). In fact, physical retail stands to gain from online commerce as more merchants look towards incorporating omnichannel strategies to capture new market segments. Malaysian retail brands like Mr DIY and Old Town White Coffee are adopting these quickly but still face issues like poor logistical infrastructure that takes away from the shopping experience.
That’s all for this news round-up! In the meantime, to stay updated with the latest news and our articles, consider signing up for Janio’s regular newsletter.
If you’d like to find out more about how we can solve your SEA e-commerce cross-border delivery needs, come and have a conversation with us.
The end of Q3 2019 also marks the end of an era for Alibaba, but will the Chinese eCommerce platform be able to weather the transition? Singpost’s US subsidiaries are in troubled waters as they continue to seek buyers. Meanwhile, more challengers are rising in the face of Southeast Asia’s eCommerce boom.
Coming off the highs from the Q2 sales announcements, Chinese eCommerce sites are making strides to explore new possibilities, Alibaba bounces back with strategic buys and launches, and Amazon answers back to Ambani.
As we approach the middle of Q3, tensions have been causing ripples in the global economy and the eCommerce and logistics space, affecting the likes of Alibaba and Maersk. However, silver linings could be found in other developments within India and China.
Getting accurate data on the shipping label is crucial in the cross-border shipping process. Find out how you can ensure data integrity for a smooth eCommerce delivery.
With different import duty and tax rates for every country and every type of item, customs payments may appear daunting. Read on to find out how customs clearance can be made smoother with delivered-duties paid (DDP) so that you can expand into the Southeast Asian market with a peace of mind!
Customs Clearance requires your shipment to gain official permission to enter a country and for the required duties and taxes to be paid. That's the gist of it, but there's more, click here to find out more!