Tag: asia-pacific

Sing Post may be entering into the mobile commerce and e-commerce spaces

Sing Post announces major investment from China’s Alibaba

Sing Post, Singapore’s leading provider of mail, logistics, and retail solutions, has announced that Chinese e-commerce behemoth Alibaba is set to purchase a 10% stake in the company. This represents a $312.5 million investment from Alibaba, which has been growing quite aggressive in regards to its investing in recent months. The two organizations have also entered into a partnership that is focused on e-commerce. The investment represents Alibaba’s first major move in the Asian-Pacific market beyond China’s borders.

Alibaba continues to show support for companies that are entering into the digital space with innovative solutions

Alibaba has become quite interested in mobile commerce as it has seen consumers throughout Asia become heavily reliant on their mobile devices. These consumers are using their smartphones and tablets for a wide range of purposes, including shopping for and purchasing products online. The demand for mobile payment support in physical stores has been growing quickly as well, which has lead many retailers to seek out solutions that can help them engage mobile consumers more effectively.

Sing Post to focus on e-commerce for the sake of its future

mobile commerce shoppingSing Post has been working to expand its e-commerce logistics business and has helped some retailers engage mobile consumers in new ways. Through its partnership with Alibaba, Sing Post may be able to accelerate its entry into the e-commerce logistics space, taking advantage of the experience that Alibaba has therein. Sing Post notes that e-commerce is its current lifeline, and a greater focus on the digital and mobile spaces may help the organization remain relevant among consumers and financial solvent.

Asian-Pacific market could see e-commerce sales reach $1 trillion by 2020

According to a recent report from eMarketer, e-commerce sales in the Asian-Pacific market are expected to reach $1 trillion by 2020. This has created a sense of urgency and enthusiasm when it comes to companies participating in the mobile commerce space. Alibaba already has a powerful presence within the online world, and Sing Post may be able to benefit from this thanks to its partnership with Alibaba.

China is a hotbed for mobile commerce activity

Survey highlights the growth of mobile shopping in China and elsewhere

MasterCard has released the results of a new survey concerning mobile commerce in China. Consumers throughout China have been growing more interested in shopping from their mobile devices and are beginning to use their smartphones and tablets to purchase products more often. Many consumers consider mobile shopping to be very convenient and ideal for their current circumstances. This is especially true among people that commute often as mobile commerce allows them to purchase products from wherever they are and have these products delivered to their homes.

Nearly 100% of Chinese respondents have made a mobile purchase in the past three months

According to the survey from MasterCard, mobile commerce has been growing quickly throughout the Asian-Pacific region. Thailand, South Korea, and India boast of impressive results when it comes to the number of people participating in mobile shopping and payments. The survey shows, however, that nearly 100% of the respondents in China have said that they have made at least one online purchase from a mobile device in t he past three months. Approximately 59% of these consumers noted that they made a purchase with a smartphone.

Retailers help power the growth of mobile shopping

Mobile Commerce Activity - ChinaThe survey attributes the growth of mobile shopping in China to the efforts that several retailers have made to engage mobile consumers. Alibaba and Tencent, for example, have launched aggressive campaigns to attract the attention of these consumers. Using their Alipay and WeChat applications, these companies have managed to establish a dominant position in the mobile field. Smaller retailers have also been working to accommodate the needs of mobile consumers by embracing mobile payments more readily.

China is likely to retain its lead as a prominent mobile commerce market

China is expected to be a leading mobile commerce market well into the future, followed closely by Thailand and South Korea. As smartphone penetration continues to rise throughout the Asian-Pacific region, the number of people shopping online from their mobile devices is expected to continue growing. Tablets are also beginning to establish a reputation among consumers in this region as one of the best mobile shopping platforms currently available.