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Nothing for SungPost?
Lazada Brings Alibaba's Biggest Bazaar to Singaporean Shoppers
by Yoolim Lee
22 March 2017, 11:36 AM SGT
Lazada will offer 400,000 items from Taobao on a local site
Move marks the first partnership between Lazada and Alibaba
Alibaba?s bringing its teeming Taobao internet marketplace to Singapore.
Alibaba Group Holding Ltd. and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their first partnership since the Chinese company took control of Southeast Asia?s largest e-commerce operator a year ago.
Lazada is launching a dedicated website that links directly to Alibaba?s largest shopping platform, said Alexis Lanternier, chief executive officer of Lazada Singapore. To start with, the new site will add 400,000 Taobao products that aren?t available now to an existing lineup of about 5 million products, he said.
It?s another small step abroad for Alibaba, which has ambitions to expand beyond a slowing Chinese home market. The company and Lazada are now preparing to deepen their operations in the fast-growing region, anticipating Amazon.com Inc.?s entry in 2017. The Southeast Asian company has been expanding its delivery network and exploring new areas such as online groceries.
In linking Taobao with Lazada, the two are trying to ease a process that?s gained momentum in recent years. Bargain hunters in Singapore already buy directly from Alibaba?s Chinese marketplace, an eBay-like online bazaar where small merchants and individuals hawk items from electronics to bed-sheets. Its items often go for a fraction of retail prices in Singapore, the world?s most expensive city according to the Economist Intelligence Unit.
Many people however buy through agents who help with English translations, payments and deliveries -- for a fee. That?s led to problems with returns, Lanternier said. Scams may be another issue: Taobao re-joined the Notorious Markets list last year, a name-and-shame pool of global markets the U.S. Trade Representative considers rife with counterfeits. Taobao can be difficult to police because it?s an open marketplace, but Lazada will take swift action to protect consumers if it?s notified of fakes, Lanternier said.
?We want to solve those difficulties, enabling an effortless way for them to shop,? Lanternier said, sharing the new initiative for the first time. ?Now it?s all translated into English and you don?t have to worry about shipping options, payment method, returning. You are going to be able to track your order end-to-end.?
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Lazada Brings Alibaba's Biggest Bazaar to Singaporean Shoppers
by Yoolim Lee
22 March 2017, 11:36 AM SGT
Lazada will offer 400,000 items from Taobao on a local site
Move marks the first partnership between Lazada and Alibaba
Alibaba?s bringing its teeming Taobao internet marketplace to Singapore.
Alibaba Group Holding Ltd. and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their first partnership since the Chinese company took control of Southeast Asia?s largest e-commerce operator a year ago.
Lazada is launching a dedicated website that links directly to Alibaba?s largest shopping platform, said Alexis Lanternier, chief executive officer of Lazada Singapore. To start with, the new site will add 400,000 Taobao products that aren?t available now to an existing lineup of about 5 million products, he said.
It?s another small step abroad for Alibaba, which has ambitions to expand beyond a slowing Chinese home market. The company and Lazada are now preparing to deepen their operations in the fast-growing region, anticipating Amazon.com Inc.?s entry in 2017. The Southeast Asian company has been expanding its delivery network and exploring new areas such as online groceries.
In linking Taobao with Lazada, the two are trying to ease a process that?s gained momentum in recent years. Bargain hunters in Singapore already buy directly from Alibaba?s Chinese marketplace, an eBay-like online bazaar where small merchants and individuals hawk items from electronics to bed-sheets. Its items often go for a fraction of retail prices in Singapore, the world?s most expensive city according to the Economist Intelligence Unit.
Many people however buy through agents who help with English translations, payments and deliveries -- for a fee. That?s led to problems with returns, Lanternier said. Scams may be another issue: Taobao re-joined the Notorious Markets list last year, a name-and-shame pool of global markets the U.S. Trade Representative considers rife with counterfeits. Taobao can be difficult to police because it?s an open marketplace, but Lazada will take swift action to protect consumers if it?s notified of fakes, Lanternier said.
?We want to solve those difficulties, enabling an effortless way for them to shop,? Lanternier said, sharing the new initiative for the first time. ?Now it?s all translated into English and you don?t have to worry about shipping options, payment method, returning. You are going to be able to track your order end-to-end.?
Before it's here, it's on the Bloomberg Terminal.
LEARN MORE
From The Web
No More 9 To 5 Jobs. These Email Marketers Work Anytime Anywhere. Learn How To Be One
Cashflow Ignition Formula
How Israeli Entrepreneurs are Building their Fortunes
OurCrowd
iPhone Users Are Obsessed with This Strategy Game
Download from the App Store - Viking
What Does it Mean to "Move to the Cloud"? This eBook Breaks Down the Myths
Microsoft
by Taboola Sponsored Links
Alibaba buying more SingPost? Will he fly from KL to Changi for a stopover?
Looks sick...
cant stop people from buying stock with tickling bomb. just let them get scald so they will learn.
Nothing for SingPost?
SGX to allow listed companies to electronically transmit shareholder documents
By:
Jude Chan
22/03/17, 07:05 pm
SINGAPORE (March 22): Singapore Exchange announced Wednesday that SGX-listed companies will soon be able to use electronic communication to transmit annual reports and other documents to shareholders.
SGX to allow listed companies to electronically transmit shareholder documents
By:
Jude Chan
22/03/17, 07:05 pm
SINGAPORE (March 22): Singapore Exchange announced Wednesday that SGX-listed companies will soon be able to use electronic communication to transmit annual reports and other documents to shareholders.
Nothing for SPost?
KUALA LUMPUR: Chinese e-commerce giant Alibaba Group Holding Limited plans to set up a regional distribution hub in Malaysia to cater to its fast-growing business in the region, two sources aware of the discussions said. The hub would be sited within KLIA Aeropolis, a 24,700-acre development led by airport operator Malaysia Airports Holdings Bhd (MAHB) that is expected to generate more than RM7 billion (S$2.2 billion) worth of domestic and foreign investments. - See more at: http://news.asiaone.com/news/business/jack-ma-launch-alibabas-regional-distribution-hub-malaysia?xtor=EREC-16-4%5BYah_Newsletter%5D-20170320&extid=null#sthash.Xz5C6wni.dpuf
KUALA LUMPUR: Chinese e-commerce giant Alibaba Group Holding Limited plans to set up a regional distribution hub in Malaysia to cater to its fast-growing business in the region, two sources aware of the discussions said. The hub would be sited within KLIA Aeropolis, a 24,700-acre development led by airport operator Malaysia Airports Holdings Bhd (MAHB) that is expected to generate more than RM7 billion (S$2.2 billion) worth of domestic and foreign investments. - See more at: http://news.asiaone.com/news/business/jack-ma-launch-alibabas-regional-distribution-hub-malaysia?xtor=EREC-16-4%5BYah_Newsletter%5D-20170320&extid=null#sthash.Xz5C6wni.dpuf
7.922m shares bought from the sellers at 1.35 in pre-close session. Will the 1.345/1.35 a turning point has turns out to be true and chiong on Monday? Cheers!
Should moving up from today for technical rebound. Good luck & DYODD.
Technically speaking 1.345/1.35 should provide turning point to end the downtrend from 1.55 and should rebound as in oversold condition.
showing some life after being sold down
I' m currently entering a bit and will continue over a few session just in case bbs come in for a sudden rally. Think it won' t be easy to find the lowest point for this stock. In my view, 1.1 would be quite difficult even with full impairment on trade global, unless economy crisis. DYODD
still too early to buy. buy below $1.20 ...
time to accumulate, below value
waiting for sub $1!!
Another round of governance issue.
http://www.businesstimes.com.sg/companies-markets/singpost-parries-governance-concerns-raised?utm_campaign=Echobox& utm_medium=Social& utm_source=Facebook& xtor=CS1-3#link_time=1489460978
My TP for SP, assuming no good news. should be quite clear for now. $1.15-$1.18 after impairments.
analysistar ( Date: 14-Mar-2017 12:50) Posted:
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Anyone know what' s this ominous news in the Business Times today? Need a subscription to read the entire article.
http://www.businesstimes.com.sg/companies-markets/singpost-parries-governance-concerns-raised
oversold? But it' s not $1 yet...
BetterStill ( Date: 14-Mar-2017 12:24) Posted:
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I think Singpost really oversold liao. But not sure whether can load some at this timing or not. Wait till what US interest rate says first.
My tp 1.30...1.26...1.20
alishan ( Date: 13-Mar-2017 19:10) Posted:
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If I buy at current price, pai seh with analyst leh for not appreciating their 1.3 TP. Then who want to become analyst anymore? Bo kang cho liao.
destinykraze ( Date: 14-Mar-2017 11:27) Posted:
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