As Australia’s local merchants struggle with an influx of global names, leading malls are considering returning to their village centre roots to woo new tenants by moving away from shops and offering medical facilities, more restaurants and even amusement parks. Several top retailers have recently succumbed to pressure from foreign giants such as Japan’s Uniqlo … Read more
Alibaba is the latest technology giant to unveil a smart speaker. The voice-controlled Tmall Genie can be used to play music, run third-party apps and buy goods from the Chinese retail giant’s online stores. Like many such devices, it lacks a display. At launch, it will understand only Mandarin and be sold in the company’s … Read more
The EU’s powerful anti-trust regulator will slap Google with a record two billion euro fine as early as Tuesday in another European blow against a US tech giant, sources say. Led by hard-charging European Commission competition chief Margrethe Vestager, the EU will impose a massive penalty against Google that would break the previous record of … Read more
The EU’s powerful anti-trust regulator will slap Google with a record fine as early as Tuesday in another European blow against a US tech giant, sources said. Led by hard-charging European Commission competition chief Margrethe Vestager, the EU will impose a massive penalty against Google that would break the previous record of 1.06 billion euros … Read more
Chinese Internet users splurged on the mid-year online shopping spree on Sunday. While November 11, or Single’s Day, is the largest online shopping festival in China created by Alibaba’s Tmall, June 18 (“6/18”) shopping festival was launched by JD.com, Tmall’s arch rival. Other companies soon jumped on the bandwagon and began to offer special offers … Read more
Online retail giant Amazon on Thursday opened its first brick and mortar bookstore in New York, selling a limited range of its highest-rated books and letting customers browse products as in times gone by. Amazon, which launched as an online bookseller in 1995 but which now sells everything from designer clothes to groceries, bided its … Read more
Tigo has partnered with MarketExpress.com.gh, Accra’s No. 1 online grocery supermarket to enable the network’s High Value Customers (HVCs) purchase groceries online at unbeatable prices and have them delivered for free to their offices and homes. This partnership allows HVCs of TIGO to shop for groceries on MarketExpress.com.gh and obtain free deliveries. Over the next … Read more
Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of soaring growth in online shopping. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men, is a dominant player in online commerce and its robust earnings highlight the strength of the sector even … Read more
Wal-Mart Stores, the 800-pound gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: e-commerce. The company, founded in 1962 by Sam Walton, has been gobbling up smaller and niche players in e-commerce in an effort to reach online shopping market leader … Read more
UMB, always at the forefront of enhancing customer experience, has launched instant visa cards to provide customers with UMB visa cards in a matter of minutes. Coming on the heels of an impressive financial performance in the 2016 financial year, the bank is clearly not resting on its laurels and is focused on creating value … Read more
The Universal Merchant Bank (UMB) has reiterated its commitment to provide customers with speed banking to meet their changing need with the introduction of instant visa card. It is believed the move will also provide customers with convenience in banking. Speaking at the launch, the CEO of UMB, John Awuah remarked, “In November last year, … Read more
Yes, you heard right. With new online shopping site Superprice.com, You are the boss. So what do I mean by that? Well, the site has a strong customer-oriented philosophy, where the customer is king. It’s a relief that finally there is a website offering an outstanding service that the Ghanaian people deserve. So what brought … Read more
Twitter is blocked in China. Without the help of VPN services, people cannot log on to the site to reach information unfiltered by the Chinese government. But that doesn’t mean internet savvy users cannot poke fun at the newly inaugurated US president. As the Lunar New Year is right around the corner, officially starting on … Read more
Amazon has gone after book stores, retail chains and electronics shops. Now it’s taking on grocery stores, with a twist. Amazon (AMZN, Tech30) unveiled in a video a new physical store on Monday that sells a mix of “grocery essentials” and ready-made meals. But the key selling point is what it doesn’t have: checkout lines. … Read more
U. S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. In-store shopping began to pick up in the afternoon, but the increase in customer traffic paled in … Read more
Universal Merchant Bank (UMB Bank) has announced the introduction of three additional VISA cards to give its customers more options in carrying out their transactions. As one of Ghana’s most customer-centric banks, UMB Bank partnered with Visa Inc. in April 2015 to introduce the UMB VISA Classic debit card. A year later, UMB Bank has … Read more
More Chinese are using mobile devices to shop online than ever before, with more choosing to shop from their handsets than their computers during Friday’s Singles’ Day shopping event. Chinese splurged more than 120 billion yuan (17.6 billion U. S. dollars) online on leading online market place Alibaba in the annual buying spree, with about … Read more
Jack Ma, president of the nation’s e-commerce giant Alibaba speaks in front of a giant screen displaying total gross merchandise volume (GMV) of Alibaba’s online marketplace Tmall for Singles’ Day shopping spree in Shenzhen, south China’s Guangdong Province, Nov. 11, 2016. By 0 o’clock on Saturday, the total GMV of Tmall during Singles’ Day has … Read more
A company boss is praised by internet users for giving his employees a half-day off to shop during the annual online Singles Day shopping spree, which started on Friday just after midnight. “Considering our employees would stay up late to buy things online, and that would affect their rest and consequently their efficiency at work, … Read more
Shoppers in Britain are taking advantage of the annual shopping extravaganza known as Singles Day-one of China’s biggest annual shopping sprees. What started out as an anti-Valentine’s Day event is now better known as an opportunity for massive retail therapy. And it is not just limited to bachelors and bachelorettes, or to customers in China. … Read more