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Cashback News – May 27: India e-commerce news roundup, highlights & trends
It’s time for a roundup of India e-commerce news. There’s lots happening including profit challenges, shrinking VC money, intense competition, startup closures and much more. Morgan Stanley marks down its investment in Flipkart by 15.5%, its second markdown in six months. CEO Binny Bansal expects Flipkart to retain its position as largest e-commerce company in India. Reality bites…
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Cashback News – May 12: What’s the latest news with Walmart?
Like Amazon, Walmart has huge impact on the retail industry, its competitors and its growing efforts to enhance its e-commerce sales. This news roundup will get you current on what’s up with Walmart. CEO Doug McMillon said while Walmart will close 269 stores, including 102 smaller format Walmart Express stores, e-commerce is very much a part…
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Cashback News – April 1: SE Asia e-commerce news roundup
We’re wrapping up the week with a look at e-commerce news around Southeast Asia. There are always plenty of new developments, innovation and unique market lessons to be learned. New government regulations limiting cashback and heavy sales discounts is creating a ripple effect of concern among e-commerce companies and consumers in India but brick-and-mortar retailers like…
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Cashback News – Mar 31: Catching up on cashback news around the globe
We’re catching up on cashback companies in the news and new developments from around the globe including acquisitions, new cashback credit card launches, possible regulation of cashback in India and intense competition in every market. Ebates, now owned by Rakuten, acquired US-based Shopular, a geo- location app that alerts customers to coupons usable at a nearby retail outlet.…
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Cashback News – Mar 18: What’s the news and chatter about China e-commerce?
Post-Chinese New Year and following the economic downturn in 2015, there’s been a lot of new chatter about e-commerce in China. We’ve got a comprehensive roundup of recent developments, research, news and insight to keep you up-to-date. China’s 100 million foreign travelers are reshaping global luxury retail marketing strategies. Vogue will start streaming fashion news via What’sApp and…
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Cashback News – Mar 11: Cashback here, there, everywhere in India
It’s Friday and time to look around and get caught up on what’s happening in cashback in India. An Assocham study says Indian online luxury stores will generate $35 billion in sales in 2016 and grow at 27% annually. Startups in India seem unfazed by Morgan Stanley‘s and other mutual funds’ 25% write-down in their investments…
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Cashback News – Mar 4: Anheuser-Busch and Ibotta serve up cashback and cold beer!
A new “preferred partnership” between mobile cashback app developer Ibotta and brewer Anheuser-Busch (A-B) means consumers will be able to enjoy cashback with a cold beer. The new deal promises up to five dollars cashback for Ibotta app users who buy A-B beer brands at grocery and convenience stores. It’s an innovative program and a sign of more…
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Cashback News – Feb 19: SE Asia e-commerce weekly news roundup
Today, we’re doing a quick roundup of e-commerce news in SE Asia. Aberdeen Asset Management reports that 40% of Chinese consumers now use e-commerce and is still growing. Venture deals dropped 29% in China in Q4 2015 according to KPMG and CB Insights 2015 Venture Capital Report. Rakuten’s selloff in SE Asia may be a precursor for…
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Cashback News – Feb 15: Asia cashback & e-commerce roundup
Our recent coverage of the Indian e-commerce and cashback market has attracted a great deal of reader interest and attention. We’re looking today at recent news and developments in cashback and e-commerce in other markets across Asia. Rakuten announced year-end financials with small growth overall, but highlighted the strong performance of cashback site Ebates whose gross merchandise sales grew…
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Cashback News – Feb 10: Cashback and e-commerce news roundup
We’ve got an update on interesting cashback promotions and e-commerce news from around the globe. A new eMarketer report examines cross-border shopping, products and trends in 24 countries. News coverage keeps growing about Amazon’s brick-and-mortar retail plans and ambitions. That collective shudder is from retailers everywhere. Billionaire Ratan Tata’s e-commerce investments in India continue to grow. Celebrity…