The Global eCommerce Newsletter 11.28.16

[Isetan Mitsukoshi] Isetan Mitsukoshi launching Tmall Global store on Black Friday Isetan Mitsukoshi, Japan’s largest department store group, will open an online storefront on Alibaba Group’s Tmall Global on Black Friday. In the first half of this year, 70% of Isetan Mitsukoshi’s sales of duty-free goods are bought by Chinese consumers. The strategic partnership with … Continue reading The Global eCommerce Newsletter 11.28.16

The Global eCommerce Newsletter 11.21.16

[Middle East] Alabbar, Saudi PIF to Set Up $1 Billion E-Commerce Firm A group of investors led by Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s sovereign wealth fund will each invest $500 million to an ecommerce firm, Noon, to tap into the Middle Eastern online retail market. Noon will launch in next January with … Continue reading The Global eCommerce Newsletter 11.21.16

The Global eCommerce Newsletter 11.14.16

[Rakuten] Rakuten launches on 11Street Korea Japanese ecommerce giant Rakuten launched a storefront on Korea’s 11Street. The store offers popular brands and products from leading Japanese merchants. 11Street has built a network of 260,000 sellers and serves 23 million registered members in South Korea. Rakuten will introduce a variety of fashion, beauty, health, kitchen, sports, … Continue reading The Global eCommerce Newsletter 11.14.16

The Global eCommerce Newsletter 11.07.16

[Singapore] SingPost opens $130M e-commerce logistics facility SingPost opened a logistics hub that features a fully-automated parcel sorting system that can process up to 100,000 parcels a day. The hub could handle Singapore domestic and international parcel delivery. The company’s logistics network now supports 19 markets in Asia-Pacific, Europe, and the U.S. [Amazon] Amazon plans … Continue reading The Global eCommerce Newsletter 11.07.16