A curation of the latest news in e-commerce, logistics, and tech in Southeast Asia and beyond.
Leading up to the middle of February, a local challenger rises with India’s disruptive e-commerce law, Alibaba makes its move towards further developments in Singapore, and Indonesia’s logistics challenges could set back e-commerce growth.
Ambani to invest US$1.4 billion in West Bengal to fund e-commerce expansion1. Following the disruptive e-commerce law that disadvantages foreign giants like Amazon, Reliance Industries turned out to be the local firm that will take a slice of India’s e-commerce pie. Mukesh Ambani, the chairman of Reliance Industries, announced that the company will use its investment money to fund its e-commerce venture. This e-commerce arm wants to connect small merchants with their retail network and warehouses, helping them better manage their inventory and potentially giving them an opportunity to grow.
Meanwhile, Amazon’s grocery service slowly returns in India after e-commerce disruption2. Many of the products in Amazon India were forcefully removed after India’s new e-commerce curbs3. However, the platform has recovered after restructuring to be compliant with the new law. Some of Amazon’s products are now sold via third-party vendors where Amazon doesn’t have direct or indirect equity stakes.
Alibaba Cloud invests in future Singapore IT talent4 by partnering with SMU to launch a series of courses to upskill working professionals in Singapore. After the participants graduate from the training course, Alibaba hopes that the participants will continue to learn and share their findings on Alibaba’s own platforms. The courses will be conducted by Alibaba Cloud scientists and will focus on using real-world case studies to offer actionable insights.
Lazada folds online grocer Redmart into its own app5. According to a Lazada spokesperson, this move is a response to their customers’ request and demand for a wider range of goods on both Lazada and Redmart’s platforms. The integration also marks Lazada’s plan in becoming Southeast Asia’s biggest e-commerce ecosystem.
Poor logistics hold back Indonesian e-commerce from ‘quantum’ leap, according to a study by Accenture. Indonesia has all the ingredients needed for flourishing e-commerce growth, but the country’s poor logistics makes delivery to remote areas outside Java costly. This problem is further compounded with the archipelago spread out over 17,000 islands. Sorting out this problem could save 11% to 25% on products shopped online compared with brick and mortar outlets, and platforms like Ralali and Tokopedia are leading the way by working with warehousing services to reduce last mile delivery costs.
That’s all for this news round-up! In the meantime, 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.
On 12 Nov 2021, multiple hs codes for apparel in chapters 61 and 62 will incur additional import duties under Indonesia's BMTP initiative.
‘Having the flexibility to adapt to changing situations is one of the advantages of a startup’ - find out what else Janio's COO Ali had to say in Berita Harian's August 2020 feature!
eCommerce has been on the rise in Indonesia. Proof of this can be seen from Indonesia’s host of rapidly-growing eCommerce platforms such as Tokopedia, Bukalapak, and Shopee which contribute to the country’s massive ...
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!