Well, China has 100+ Groupon clones and Malaysia is picking up as well on its own scale. Group buying sites are popping out lately in Malaysia. It's a bit of deja-vu like many were attempting to build a local social network site some years back...
It was the first time in history that a Malaysian company made headlines at TechCrunch last December. Friendster, the granddaddy of social networks has been acquired by MOL Global, a Malaysian e-commerce (payment) company...
Generally, Malaysians are skeptical or reluctant to shop online due to security concerns among many. We lack smart consumers, as suggested by Danny Foo. Air Asia did a great job in our e-commerce education. Desperately in need of bargain air tickets? Learn how to shop online and brace yourself by entering the credit card numbers...
Do you have the habit of shopping at foreign online store, especially those from the west? I do, like many others, looking for bargains, stuffs that are special or not easily available here. I do have an extra small habit though...
Well, this post is all about charts and figures. Read on to get a glimpse of e-commerce outlook in selected countries of Asia Pacific. Hopefully, you will get a rough idea on those markets that you are not particularly familiar with...
Blogshop seems to be an unique trend booming only in Singapore and Malaysia. Perhaps, many Singaporeans or Malaysians are accustomed to browse and navigate around blogshop but certainly not me (some might agree with me on this)...
Showing posts with label asia. Show all posts
Showing posts with label asia. Show all posts
Local e-commerce industry seems to be heating up lately. After the just concluded e-commerce fair, we have another event coming up in October...
Bring on the Asia E-Commerce Conference!
Date: 4-5th October 2011
Venue: The Gardens Hotel & Residences Kuala Lumpur
Q: Do tell us a little on Acmamall’s background? When was it started?
A: Acmamall.com started in Malaysia and Singapore in July 2000 as an online bookstore. Formerly called Acmabooks.com, it was renamed to Acmamall.com in 2007 to reflect its expanded product range of beauty, gifts and apparel.
Acmamall.com vision is to be the regional online shopping mall where we are a familiar household retail name to get products in a safe trustworthy and convenient way.
Q: How did you get inspired to start Acmamall? Is it Amazon?
A: Amazon.com had a part to play in it as an inspiration to dot com companies. At that time, Acmamall.com was under Acma Ltd, a multi-industry conglomerate group that had a strategic thrust to develop twelve dot com companies at a go in hope of riding along with the dot com wave. Acmamall.com was the online bookstore, while the other dot comes dabbled in tourist directories, HR, property and online education. However, like many dot com companies, many fell after the dot com bubble burst. Acmamall.com remained the sole dot com company to survive profitably in the grouping.
Well, this post is all about charts and figures. Read on to get a glimpse of e-commerce outlook in selected countries of Asia Pacific. Hopefully, you will get a rough idea on those markets that you are not particularly familiar with.
Blogshop seems to be an unique trend booming only in Singapore and Malaysia. Perhaps, many Singaporeans or Malaysians are accustomed to browse and navigate around blogshop but certainly not me (some might agree with me on this).
Nevertheless, I can't agree more that blogshop is a good platform for individuals or first timers to get a taste on selling online. It is also good for those who are selling products like collectibles or hand-made stuffs (limited quantity per offering). In this case, customers or fans would have just subscribe to the blog feed and check out the offering whenever it is available.
In any other cases, especially when your online business is starting to grow, do consider to commit yourself into setting up a proper online store with shopping cart. In this episode, let's explore features of an online store which are not conveniently available to blogshops.
Continued from SMilDS.com - Smile Everyday?
You must be wondering how they define E-Commerce 4.0, right?
UPDATE: This post has been edited to hide "sensitive" FACTS. This is the best I can do after being asked to remove this post, not by direct contact but instead via a messenger. I have to stress that I wrote about facts (at the time of writing) and looks like someone needs to pick up social media 101.
Looks like there is a new e-commerce player in town, a SaaS one like webShaper by Neowave.
A little bit on the background, SMilDS.com is the brainchild of Platform2u.com. For introduction to this latest "4th generation e-commerce solution", check out the powerful video below:
Opera has provided an useful benchmark on popular mobile destinations in Malaysia as well as other selected countries, via the State of the Mobile Web, May 2009 report. Malaysia enjoys a growth rate (as in unique users) of 249.6% since May 2008, third highest in Southeast Asia after Vietnam and Philippines.
Top sites ranked by unique users
1. google.com
2. friendster.com
3. facebook.com
4. yahoo.com
5. myspace.com
6. youtube.com
7. my.opera.com
8. wikipedia.org
9. tagged.com
10. gamejump.com
Comparing to the report in Oct 2008, tagged.com is a new entry in this recent report while the sole local site utusan.com.my has dropped out from the top 10 list. If you look into Southeast Asia region, Malaysia is the only country without a local site in the top tens among countries like Indonesia, Vietnam, Philippines, Thailand, Singapore and even Brunei.
Previously, I spoke about Facebook superseding Friendster in Asia, or more precisely Southeast Asia. However, Facebook is facing bigger challenges to beat or even catch up with its competitors in other parts of Asia, especially China, Japan and South Korea.
The map above is an interesting visualization by Vincenzo Cosenza built using Alexa and Google Trends for Website traffic data in June 2009.
Allow me for a Che Det-ish posting here:
1. The world population currently stands at 6.77 billion, with 4 billion or 60% of them are from Asia.
2. The world total internet users currently stands at 1.6 billion, with 660 million or 40% of them are from Asia.
3. Asia's internet penetration rate currently stands at 17.4%, the second lowest region after Africa. The world's average is 23.8%.
4. It shows that the Asia's (internet) market is so huge, yet with so much potential and room for growth.
How fast things change, Facebook seems to be no.1 in Malaysia already since I last posted 5 months ago (while Friendster was still leading).
Proof? Alexa. Facebook has moved up from no.8 to no.5, whereas Friendster has dropped from top 3 to no.7.
However, Friendster is still leading in terms of web searches. This is probably contributed by heavy searches such as "Friendster layouts" for teens who like to decorate their mini-hompy (pardon my Korean slang here).
Akamai has recently released The State of The Internet - Q4 2008, and it's nice to see that Malaysia is one of the 10 Asia Pacific countries appended in the report. However, even to compete in this region, there are still some catch-ups to do in terms of internet penetration and broadband adoption.
Note: 10 Asia Pacific countries surveyed are Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan.
Red Herring (a global media company) has announced its 100 winners of the Red Herring Asia 2008 award. What is the selection criteria?
For 10 years, the Red Herring's editorial team has diligently surveyed entrepreneurship around the globe. Technology industry executives, investors, and observers have regarded the Red Herring 100 lists as an invaluable instrument to discover and advocate the promising startups that will lead the next wave of disruption and innovation.
Convincing? You can judge for yourself. Nevertheless, let's find out which Malaysian companies are "diligently" selected.
Google has released the most searched terms in 2008 (up to November). It is a great way to recap the year by looking at the search trend and curiosity around the world in this year.
There must be reasons why Google is cooler than Yahoo. Unlike Yahoo's Year In Review 2008, Google brands its year end compilation as Google Zeitgeist 2008 (Zeitgeist means "the spirit of the time"). Another cool factor, we have statistics reflecting major event or emerging trend in each selected countries.
Let's start with Malaysia, followed by other Asian countries. Before that, you need to understand this: "Fastest Rising" represents zeitgeist as its search volume increased sizably in 2008 compared to 2007, while "Most Popular" shows the largest search volume for 2008.
"Guanxi" (关系) is a Chinese word which means relationship. It is more commonly known as mutually beneficial relationship that is required to build your business in China.
If you are looking forward to Guanxi building tips in this book, you might be disappointed. Almost all its chapters are dedicated to chronological event of Microsoft research lab in China, before wrapping it up with a closing chapter of "How to make it in China".
Japan
While Mixi is the leader in PC SNS, Mobage Town is Japan's no.1 Mobile SNS. Mobage Town is a huge success in mobile-oriented Japan which enables community-driven activities via mobile. Their "killer-app" is the wide range of free games which build up the initial user base.
Rolled out in February 2006, around 9 (or 11) million subscribers.
With the advent of High Speed Broadband (HSBB), Malaysian can finally look forward (fingers crossed) to better technology infrastructure.
HSBB is a premium broadband service with speeds of 10Mbps (Megabits per seconds) to 100 Mbps for residential customers and up to 1Gbps (Gigabits per seconds) for businesses for high economic impact areas delivered via fibre optic infrastructure. (Source)
We all hope that this will become one of the key attraction for major technology companies like Google to step their foot in Malaysia, which is being rumoured since early this year.
