Ready for Black Friday and Cyber Monday shopping?
Have you heard about Black Friday shopping and Cyber Monday shopping? These two terms are very common among Americans and pretty sure unfamiliar in Malaysia as well as Southeast Asia. Black Friday refers to the day following Thanksgiving Day (fourth Thursday in November month) in the United States and it the beginning of the Christmas shopping season. Majority of the brick-and-mortar retail shop will open earlier (i.e. 4 a.m.) on that...
Indonesia’s DOKU selects Neural Technologies as its risk management partner
DOKU, an Indonesia-based payment solution provider has formed up a partnership with Neural Technologies, a leading global provider of risk management software solutions, to enhance its existing fraud management platforms – Fraud Detection System (FDS) and Early Detection Unit (EDU) to safeguard its clients’ online transactions. Neural Technologies’ globally acknowledged award-winning Minotaur solution was selected due to its ability...
Recruit Holding teams up with Vietnam’s Vatgia.com to launch hotel booking portal
Recruit Global Incubation Partners Co. Ltd., a subsidiary of Recruit Holdings Co. Ltd. (Recruit) joined with Vietnam Price Joint Stock Company who operates Vietnam’s leading e-commerce website Vatgia.com, established Mytour Vietnam Company Limited to operate a domestic hotel booking website Mytour.vn. They aims to make Mytour.vn to become the largest hotel booking website in the country. In a Recruit’s statement, it says that 60 per...
Google Malaysia calling for GCP challenge
Google Malaysia Sdn Bhd (Google Malaysia) is going to run its Google Certification Programme (GCP) challenge from Nov 26 to Dec 23, aims to help local e-marketers improve their theory and practical application of Google Adwords. As part of the challenge, Google Malaysia will reward the top 3 GCP candidates who pass both the Google Advertising Fundamentals and Search Advertising Advanced during contest period with either a Samsung...
Facebook offers online sales tracking tool
Facebook, the global leading social network has rolled a new advertising feature which allows online sellers to track purchases by Facebook users who have viewed their ads, Reuters reported last Friday. According to David Baser, a product manager for Facebook’s ads business said the new sales conversion tool is designed specifically for online sellers and travel websites who need immediate sales rather than for long-term...
Rakuten Inc plans to invest in Thailand’s credit card business
Japan’s Rakuten Inc. (Rakuten) who owns the world’s third largest e-commerce marketplace and Tarad.com, Thailand’s largest e-commerce website is looking to invest in the credit card business in Thailand next year, possible through a joint venture with a local commercial bank, acquisition or co-branding, Bangkok Post reported. Hiroshi Mikitani, the Chairman and Chief Executive of Rakuten commented that Asia-Pacific especially Southeast...
JobStreet’s net profit grows 37.5% for Q3 2012
JobStreet.com, the leading online recruitment company in the country announced its unaudited quarterly results for third quarter of 2012 with consolidated revenue and net profit attributable to shareholders increasing 14.9% and 37.5% year-on-year respectively, thanks to strong sales of online job posting services for that quarter. by Terry Brown
Alibaba Group eyeing ownership of Weibo
Alibaba Group, the leading e-commerce company in China is planning to buy a stake in Weibo, a micro-blogging platform owned by Sina Corp, Reuters reported two days ago. The official newspaper said that the investment negotiations between Alibaba and Sina have entered the final phase but Alibaba declined to comment on the report. Some sources quoted Alibaba has valued Weibo at US$3 billion (RM9.18 billion) and also said Alibaba plans...
GHL spends 1 million for system upgrading
GHL Systems Berhad (GHL), the Asia Pacific’s leading end-to-end payment services enabler that deploys world-class payment infrastructure, services and technology has obtained PCI-DSS (Payment Card Industry Data Security Standards) compliant status, Bernama news agency reported. GHL’s PCI-DSS certification covers its NETAccess products as well as its data centre’s entire core data network known as N3Net where GHL collects and routes...
Kinnevik funds Lazada for faster regional expansion
Lazada, the leading fashion online store in Southeast Asia has confirmed that received fund of US$40 million (RM122.7 million) from its new investor, Investment AB Kinnevik after its announcement on investment by J.P. Morgan in September this year. Henrik Persson, Head of Investments at Kinnevik said that they are delighted to invest in a company who has perfectly positioned themselves as the major e-commerce player in Southeast Asia...
