April Wu

China Market Strategy

November 11, 2015

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Banking News This Week – Nov 11

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Indonesia eyeing Cambodia’s banking sector

Indonesia’s financial regulator, Financial Services Authority (OJK), is planning bilateral agreements with Cambodia and five other countries to pave the way for its banks to expand their presence in Asia. >>

2 – Most Asean banks enter tough environment from position of strength: Fitch says

A tougher operating environment amid sluggish economic growth, depreciating currencies and softer commodity prices will continue to challenge banks in many parts of Asean, Fitch Ratings said this week. >>

3 – Diamond Bank urges customers to embrace digital banking

Diamond Bank, one of the leading new generation and innovative bank in Nigeria, has urged its customers to embrace technology and indeed digital banking as it offers the best of service in the banking industry. >>

4 – Interswitch launches Verve card in Uganda

Digital payment service provider Interswitch Uganda is set to launch new ATMs and Point of Sale (POS) terminals. CEO Olumuyiwa Asaagba said Interswitch will be introducing a new card known as Verve, which he said is more secure than the current cards being used by various banks in the region. >>

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April Wu

China Market Strategy

November 10, 2015

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Retail News Roundup – Nov 10

The top 5 retail news clips in Asia this week.

Newspaper

1 – 11.11.2015: Here’s what to expect on Wednesday

There are just days to go before Alibaba Group holds its 11.11 Global Shopping Festival. Merchants are laying on stock and pre-packing popular products to ready them for shipment. Delivery companies are training hundreds of thousands of temporary workers hired to help deliver the massive volume of parcels generated during the November 11 online sale, held on China’s Singles Day holiday. >>

2 – Fresh Mart plans to open 400 new stores

Competition among mini-supermarkets is getting even hotter, with CP Fresh Mart announcing plans to spend 1.2 billion baht to increase its number of outlets to 1,000 over the next three years, challenging big players in the field led by Tesco Express. >>

3 – Luxury brands set foot into food and beverages in Asia-pacific

Luxury brands are expanding beyond their core fashion businesses into the food and beverages (F&B) sector, transitioning their brand from being totally fashion-oriented to more lifestyle-driven, according to a new report of CBRE – The Future of Luxury Retail in Asia Pacific: New Demand Drivers and Shifting Occupier Requirements. >>

4 – Dairy Farm struggles in SE Asia

Dairy Farm International Holdings says softer sales growth and steep cost increases led to weakened margins in the third quarter. >>

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April Wu

China Market Strategy

November 4, 2015

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Banking News This Week – Nov 4

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – EastWest continues rapid network expansion

Manila : One of the fastest-growing banks in the country today, the bank plans to open 20 to 30 new branch stores in 2015, mostly in tertiary locations, to capitalize on the anticipated economic growth in rural areas. >>

2 – Mergers, acquisitions important move in restructuring banking system: experts

What is new in 2015, the last year of the three-year project on restructuring the banking system, is the acquisition of small healthy banks by major State-run commercial banks, the World Bank said in a recent report on Vietnam’s economic development. >>

3 – Smartphone boom will drive African data explosion

Vodacom chief executive Shameel Joosub says that the availability of low-cost handsets opens up huge markets for media and financial products on a continent that embraced the cellphone at an incredible rate. >>

4 – Biggest Kenyan bank seeks to strengthen east Africa position

Kenya Commercial Bank Ltd., the country’s biggest lender by assets, is seeking to strengthen its position in three countries in the region to expand its international presence. >>

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April Wu

China Market Strategy

November 3, 2015

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Top 10 China B2C E-commerce Sites 2015

tmall singles day shopping

Since Double Eleven Shopping Festival is coming, most retail brands are so prepared to join this year’s event. Brand owners not only offer discounts in ecommerce sites to attract consumers, but also set up experience areas in physical stores where people can feel the products in hands and purchase online/offline at special prices set for the event. It’s big sales holiday for most famous ecommerce platforms in China.

Below is the ranking of top 10 ecommerce sites in China in 2015 published by China e-Business Research Center.(中国电子商务研究中心) The new study indicates that Tmall was number one among all Chinese B2C retail websites for 2013. The site accounts for a 50.4% share of the B2C online retail market in China, followed by 20.7% of JD and 5.7% of Suning. Following No.4 to No.10 are Tencent (5.4%)、Vip(2.6%)、Amazon China(2.3%)、Dangdang (1.9%)、Gome(1.7%)、YHD(1.6%)、Vancl(0.8%).

 No.1  Tmall.com天猫商城  TB1BOzhJVXXXXXnXVXXXXXXXXXX-190-153
 No.2  JD.com京东商城  jd
 No.3  Suning.com苏宁易购  suning
 No.4  Tencent腾讯电商QQ网购易迅网  buyqq易迅網
 No.5  Vip.com唯品会  vip
 No.6  Amazon亚马逊中国  amazon.cn
 No.7  dangdang.com当当网  dangdang
 No.8  gome.com.cn国美在线  gomelogo
 No.9  yhd.com 1号店  yhd
 No.10  vancl凡客诚品  vancl

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reference

2015 China B2C E-Commerce Market Research   (2015 年(上)中国电子商务市场数据 监测报告)

April Wu

China Market Strategy

November 3, 2015

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Retail News Roundup – Nov 3

The top 5 retail news clips in Asia this week.

Newspaper

1 – Marks & Spencer goes online but via e-tailers Myntra, Flipkart

British fashion and lifestyle brand has been trying to make a foray into the online segment for some time now in the India market. >>

2 – Vingroup announces plan to buy supermarket chain

Vingroup has announced it will buy a 100 per cent stake in supermarket chain Maximark of HCM City-based An Phong Joint Investment Joint Stock Company. >>

3 – Bonia banks on Vietnam, Indonesia

Fashion retailer Bonia is ramping up its presence in Vietnam, Indonesia and Cambodia as it looks to fresh sources of income as sales slide in its home market of Malaysia. >>

4 – FedEx prepares for eCommerce boom

FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11. >>

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