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San Miguel adapts to pandemic, launches own online store

ABS-CBN News
Posted at Jul 23 02:16 PM

San Miguel Corp has officially launched its own online shopping platform which carries its well-loved brands, its president Ramon Ang said Thursday. Read more »

DTI, private sector: PH can be e-commerce leader in Southeast Asia

Jasmin Romero, ABS-CBN News
Posted at Jul 23 01:52 AM

MANILA - The government and the private sector believe the Philippines has a good chance of becoming an e-commerce leader in Southeast Asia.   Read more »

Shopee says online payments surged 4x due to pandemic

ABS-CBN News
Updated as of Jul 15 03:18 PM

The pandemic-induced shift in consumer behavior in the Philippines resulted in e-commerce growth as well as a surge in online payments, Shopee Philippines Director Martin Yu said Thursday. Read more »

Amazon restores service after global outage

Reuters
Posted at Jul 12 01:57 PM

Amazon.com Inc said its online stores had returned to normal services after a global outage disrupted shopping on its country sites. Read more »

One of largest ‘made in China, sold on Amazon’ firms had 340 stores closed amid e-commerce crackdown

Iris Deng, South China Morning Post
Posted at Jul 09 12:35 PM

Amazon.com has closed 340 online stores operated by one of the platform’s largest Chinese retailers in the first half of this year, as the US e-commerce giant intensifies its crackdown against paid reviews and other violations.   Read more »

Facebook exec Fidji Simo named new chief of Instacart

Agence France-Presse
Posted at Jul 09 08:48 AM

High-ranking Facebook executive Fidji Simo put out word on Thursday that she has taken a new job as chief of Instacart grocery delivery service in the gig economy. Read more »

PayMaya says users doubled to 38 million in 1.5 years

ABS-CBN News
Posted at Jul 06 07:08 PM

PayMaya doubled its users in the past 18 months to 38 million as it continues to expand its partnership with various government agencies and businesses, the company said on Tuesday. Read more »

Bezos leaves enduring legacy as he steps away as Amazon CEO

Rob Lever, Agence France-Presse
Updated as of Jul 05 11:11 AM

Jeff Bezos, 57, was set to hand over the job of Amazon chief executive on Monday to Andy Jassy and turn his attention to his private space exploration firm, philanthropy and other endeavors. He will retain a key role, however, as executive chair at the technology and e-commerce colossus he founded 27 years ago.   Read more »

New online store for your home improvement now open

Wilcon
Updated as of Jun 17 11:40 AM

Wilcon Depot goes online to give customers a better home shopping experience. Read more »

DOH, DTI warn public vs illegal sellers of medicine, food supplements online

Katrina Domingo, ABS-CBN News
Updated as of Jun 01 01:53 PM

The Department of Health (DOH) and the Department of Trade and Industry (DTI) on Tuesday warned consumers against buying medicine and food supplements from online sellers that do not have physical stores and licenses from the government. Read more »

LBC signs P1.6-billion loan deal with Union Bank for warehouse, land acquisition

ABS-CBN News
Updated as of Jun 01 09:24 AM

Proceeds of the loan will be used for the construction of its new warehouse, importation and installation of a sorting machine, and land acquisition via loan takeout, LBC express said. Read more »

Women can add $280 billion to e-commerce in Southeast Asia: IFC report

ABS-CBN News
Posted at May 27 12:35 PM

Southeast Asia’s e-commerce sector could grow by over $280 billion between 2025 to 2030 by closing the gender gap or increasing the number of women selling online. Read more »

Amazon hit with antitrust suit in US capital city

Rob Lever, Agence France-Presse
Posted at May 26 09:45 AM

Amazon was hit Tuesday with an antitrust suit from the US capital city Washington, claiming the tech giant abuses its dominant position in online retail sales, harming consumers. Read more »

Puregold says growth up in Q1 due to 'innovative grocery retailing'

ABS-CBN News
Posted at May 12 02:50 PM

Puregold Price Club Inc said Wednesday it booked a consolidated net income of P2.02 billion in the first quarter, up 14.6 percent from the same period last year. Read more »

PayPal earnings soar on e-commerce boom

Agence France-Presse
Posted at May 06 10:54 AM

PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.   Read more »

Robinsons Retail Holdings posts P945M net income in Q1 as e-commerce sales grow

ABS-CBN News
Posted at Apr 30 10:14 AM

Robinsons Retail Holdings Inc said it posted a net income attributable to equity holders of P945 million for the first quarter of 2021, up 2.4 percent from the same period in 2020 due to efforts made to mitigate impact of COVID-19.   Read more »

Amazon quarterly profit triples as online sales boom

Agence France-Presse
Updated as of Apr 30 09:17 AM

Tech and e-commerce colossus Amazon on Thursday reported that its profit in the recently ended quarter tripled as online sales boomed. Read more »

No COVID-19 blues for Hermes as sales soar

Agence France-Presse
Posted at Apr 23 09:06 AM

French luxury goods group Hermes said Thursday that its sales jumped 38 percent in the first quarter of the year compared with 2020, bolstered by a strong performance in Asia. Read more »

Bezos says Amazon needs better 'vision' for workers

Agence France-Presse
Posted at Apr 16 09:02 AM

Amazon founder Jeff Bezos on Thursday told investors the e-commerce giant needs a better "vision" for its workers, just days after an effort to create the company's first labor union was defeated. Read more »

E-commerce platform connects young Afghan female entrepreneurs with the world

Orooj Hakimi, Reuters
Posted at Apr 15 10:41 AM

E-commerce site Click.af started in 2016 to give Afghans access to a domestic online market, and last year began shipping globally, according to its founder Masiullah Stanikzai.  Read more »