Jack Ma Ends 20-Year Reign at Alibaba With $41.8 Billion Net Worth

Jack Ma is giving up the reins of Alibaba Group Holding Ltd. after presiding over one of the most spectacular creations of wealth the world has ever seen.

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Former Snap exec Imran Khan takes aim at Amazon as retail site Verishop goes live

A new retail website, called Verishop, is going live Tuesday, with the goal of bringing “joy back to online shopping,” as it goes head-to-head with platforms like Amazon.

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How to Start Your Own E-Commerce Business in the Philippines

Over the last few months, news has been inundated with reports of several large retail stores in the US closing down or shuttering outlets.

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Amazon, Walmart face hit from new India e-commerce rules

Traditional traders and local players rejoiced Thursday at new e-commerce rules imposed by the Indian government on global giants such as Amazon and Walmart which analysts said could force them to rethink their Indian operations.

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China’s Tencent, KKR seal $175 million investment in Voyager

Telco giant PLDT Inc. today announced the closing of the $175 million investment by Chinese internet conglomerate Tencent Holdings and global private equity firm KKR in Voyager.

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Digital Travel APAC 2018

Digital Travel Summit is APAC’s leading digital event for travel, hospitality and leisure executives. Learn how to take your digital, eCommerce and customer experience strategies to the next level with enhanced personalization at every touch-point. Combining inspirational case studies from pioneers with dozens of small-group peer-to-peer learning formats

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eTail Asia 2018

eTail Asia is the destination event for large, established e-retailers to share best practice, challenge convention and network among the leaders of Asian eCommerce. Combining inspirational case studies from pioneers with dozens of small-group, peer-to-peer learning formats, eTail Asia delivers a practical roadmap for every challenge and opportunity you face.

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Ayalas complete 49% acquisition of Zalora

The Ayala group has completed its acquisition of Global Fashion Group’s 49-percent stake in online fashion portal Zalora Philippines. In a stock exchange filing, conglomerate Ayala Corp. announced the transfer of ownership

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Firms set up e-payments clearing houses

BANKS and e-money issuers have formally agreed to set up two clearing houses for electronic payments, with the industry eyeing to roll out the new system by end-September as the Bangko Sentral ng Pilipinas (BSP) looks to raise the share of digital transactions in the country.

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Alibaba’s affiliate in mobile money adds Philippines to its portfolio

Alibaba affiliate Ant Financial, manages 58 percent of all online transactions happening in China through its Alipay service, has added Philippines to its expanding mobile money portfolio.

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