E-commerce sales in Hong Kong have been growing at a robust pace Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for a 43.3 per cent share in 2022, finds GlobalData’s 2022 Financial Services Consumer Survey. GlobalData’s E-Commerce Analytics reveal that…
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Alternative payments are the most popular method to pay for online purchases Alternative payments methods such as mobile and digital wallets dominate the e-commerce space in China and collectively account for 72 per cent of market share in 2022, finds the 2022 Financial Services Consumer Survey of GlobalData, a leading…
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Additional obligations have been included in the RCEP agreement. The Regional Comprehensive Economic Partnership (RCEP) Agreement is an agreement to broaden and deepen ASEAN’s engagement with Australia, China, Japan, Korea, and New Zealand. Together, these RCEP participating countries account for about 30 per cent of the global GDP and 30…
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The country’s rural suppliers are the backbone of its economy but find digital transformation difficult. New Zealand’s (NZ) farmers and growers have long been challenged to embrace digital technologies. Leading rural supplies and services co-operative, Farmlands, found its own digital transformation accelerated almost overnight as COVID-19 lock-down hit, rising to…
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Supermarket giant goes online due to COVID-19. Asian supermarket giant, WeMart will use Alibaba Cloud’s cloud and AI technology for everything from e-commerce, payment and logistics support to enabling integration of online and offline business to enhance the supermarket’s competitive advantages. Established in 2006, WeMart is one of the largest…
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SME retailers in the country gets boost to strengthen e-commerce Enterprise Singapore (ESG) has expanded its E-Commerce Booster Package, to include support SME retailers in strengthening their digital marketing capabilities for e-commerce. According to the government agency, this will help them understand and apply digital marketing to their business and…
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