Topic page on {?keyword?} | ABS-CBN News

Apple News users reach 100 million, App Store sales rise

Agence France-Presse
Updated as of Jan 09 09:47 AM

The company said that between Dec. 24, 2019, and Jan. 1, 2020, its customers spent $1.42 billion in the App Store, a 16 percent increase over the previous year, and $386 million on Jan. 1 alone, a 20 percent increase. Read more »

Alibaba undercuts Amazon in Europe to woo wary brands

Sonya Dowsett and Sophie Yu, Reuters
Posted at Jan 08 09:19 AM

After years of reconnaissance, China's retail king Alibaba is finally making its move on Europe.  Read more »

China's farmers reap rich harvest through video-sharing apps

Ludovic Ehret, Agence France-Presse
Posted at Jan 07 03:32 PM

Creating videos has become a popular sales tactic for Chinese farmers: the clips show increasingly discerning consumers the origins of the product and provide a window into rural life that captures audience imagination. Read more »

Tap to delicious: How tech disrupted business in the last decade

Joel Guinto and Jessica Fenol ABS-CBN News
Updated as of Jan 07 07:57 AM

With millions of smartphones and acknowledged as one of the world's social media capitals, the Philippines is a prime market for e-commerce. Apps on smartphones have given rise to sharing instead of ownership, and virtual currencies in place of bills and coins.   Read more »

Millennial tech boss marries online, physical retail in Philippines

Gillan Ropero, ABS-CBN News
Updated as of Jan 03 04:15 PM

The 27-year-old founder of Xpanse believes the Philippines will have the "perfect marriage" between physical and online retail, thanks to a deeply entrenched shopping mall culture and a young population that buys almost anything from digital channels from lipsticks to iPhones. Read more »

Lazada says biggest '12-12' shopping cart worth P2.6 million

ABS-CBN News
Posted at Dec 20 11:18 AM

Filipinos bought 6.6 million items in the first 24 hours of "12-12," taking advantage of discounts on over 12 million products, Lazada said.   Read more »

What do Gen Z shoppers want? Cute, cheap and 'Instagrammable'

Elizabeth Paton, Taylor Lorenz and Isabella Kwai, The New York Times
Posted at Dec 18 01:14 PM

For every Greta Thunberg and school-skipping climate change protester, there is another member of Generation Z buying inexpensive clothes on a smartphone.   Read more »

DTI: Reklamo sa online shopping dumarami

ABS-CBN News
Updated as of Dec 14 04:27 AM

Marami ang nag-abang at marami ang tumangkilik sa pakulong 12.12 sale ng mga online shopping site.  Read more »

12-12: 'Wants' shoppers go online from noon to midnight

Michelle Ong, ABS-CBN News
Updated as of Dec 12 10:22 AM

Like "11-11," "10-10" and other double dates before it, "12-12" is expected to be an e-commerce event, said Xpanse Technologies CEO Josh Supan, whose clients include Philippine luxury retailer SSI Group. Read more »

Amazon websites risk inclusion in US counterfeit blacklist: WSJ

Reuters
Posted at Dec 07 08:24 AM

The action would be taken by the US Trade Representative's Office through its annual "Notorious Markets" list, the report said, adding that no decisions have been made and that similar proposals last year were eventually discarded. Read more »

US Cyber Monday sales poised to top $9.4 billion

Aishwarya Venugopal, Reuters
Posted at Dec 03 07:26 AM

Cyber Monday sales were on course to bring in a record $9.4 billion, according to early estimates, building on a bumper Black Friday weekend for US retailers driven by earlier-than-usual promotions and free shipping.   Read more »

Black Friday vs. Cyber Monday: May your wallet win in the battle of discounts

Aneth Ng-Lim
Posted at Dec 02 11:02 AM

The famous sale weekend follows Thanksgiving Day and takes place on Nov. 29, a Friday, and spills over through Saturday and Sunday. Formerly a US shopping tradition, it has spread to other countries and continents so you may have seen Black Friday sale signs around the Philippines too, competing with all the noise around the SEA Games. Read more »

'Cyber Monday' on track for record US online sales: estimate

Agence France-Presse
Posted at Dec 02 07:33 AM

US online sales are set to hit a new record on this week's "Cyber Monday," Adobe Analytics said, as e-commerce outlets gear up to lure shoppers in the opening days of the holiday season.   Read more »

German Amazon workers strike on 'Black Friday'

Agence France-Presse
Posted at Nov 29 06:16 PM

The strike called by the powerful Verdi union is set to last until Tuesday morning and will also cover "Cyber Monday," another extravaganza of online discounts in what is a crucial sales period for Amazon. Read more »

Scam-proof your digital wallet with these pro tips

Jessica Fenol, ABS-CBN News
Updated as of Nov 19 08:13 AM

Digital natives are among the first to embrace the cashless future and they shared with ABS-CBN News some tips to ease the pain out of digital payments while keeping their virtual wallets safe. Read more »

Biggest '11-11' shopping cart on Lazada PH worth P1.2 million

ABS-CBN News
Updated as of Nov 18 01:55 PM

Lazada said 1,141 sellers each tallied at least P1 million in sales, making them millionaires. It did not disclose the total value of goods sold during the 24-hour event, which was matched by rival Shopee. Read more »

China retail giant Alibaba given OK for huge Hong Kong listing

Agence France-Presse
Posted at Nov 13 02:16 PM

Asia's biggest company will kick off a weeklong roadshow from Wednesday as it looks to garner interest from institutional and retail investors, said Hong Kong's South China Morning Post, which is owned by Alibaba.   Read more »

Alibaba's 11-11 sales hit record $38 billion

Josh Horwitz, Reuters
Posted at Nov 12 09:34 AM

The event, a gauge of Chinese consumer sentiment, has also become a shop window this year for Alibaba as it plans to sell $15 billion worth of shares in Hong Kong this month. The US-listed firm has spent big to diversify its business yet still earns over four-fifths of revenue from e-commerce. Read more »

What slowdown? Chinese spend big in 'Singles' Day' shopping spree

Dan Martin, Agence France-Presse
Posted at Nov 11 05:29 PM

E-commerce leader Alibaba said that within the first 12 hours, nearly 192 billion yuan ($27.4 billion) had been spent -- apparently on pace to shatter last year's full 24-hour record of $30.7 billion. Read more »

Russian e-commerce booms despite economic doldrums

Andrea Palasciano, Agence France-Presse
Posted at Nov 11 07:37 AM

Russia may be a latecomer to the world of online shopping but e-commerce is experiencing explosive growth in the country despite a stagnant economy weighed down by Western sanctions. Read more »