Close to Half of Online Shoppers in Indonesia Are Young with High Income

Jan 30, 2014 (Thu): A survey conducted in July last year by Greenberg Brand Strategy for Visa found up to 76 percent of Internet users in Indonesia shopped online over the past year and spent 5.5 million rupiah annually on average. The survey also revealed that 48 percent of the online shoppers were in the 18-30 year age group with higher income. According to the survey, online shoppers were categorized into three categories based on...

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Kurt Davis Appointed to be MD of Asia for Boku
Jan30

Kurt Davis Appointed to be MD of Asia for Boku

Jan 30, 2014 (Thu): Boku has announced that its Vice President of Business Development Kurt Davis will now be spending his time in Tokyo as its Managing Director of Asia. He will be responsible to grow Boku’s team in Asia and bringing Boku’s global merchants to Asia, working with local merchants and putting together new deals. He still continues to work on prospective global partnerships. This shows Boku is focusing to expand its...

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Skmen.com Offers Discount Up to 40% on Fashionable Items
Jan29

Skmen.com Offers Discount Up to 40% on Fashionable Items

Jan 29, 2014 (Wed): Skmen.com, a China-based online fashion store for men and women, announced its new designs of men’s shirts for worldwide gentlemen and the customers now can enjoy discount up to 40 percent until February 15, 2014. According to Skmen.com, all its fashionable items are made by experts to meet the huge demand in the global market. It can ship over the world.

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Giant Hypermarket Offers Customers Using ATM Cards to Pay for Purchases
Jan29

Giant Hypermarket Offers Customers Using ATM Cards to Pay for Purchases

Jan 29, 2014 (Wed): Giant, a pioneer in the concept of modern supermarket shopping, launched its e-debit transaction service at all 128 stores nationwide yesterday, Bernama reports. According to Ruben Brusch, marketing director of Giant, Giant is the first hypermarket chain in Malaysia to provide the convenience of cashless transactions using ATM cards to Malaysian shoppers. “Besides eliminating the risk and costs arising from...

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3dcart v6.1 Released for All Merchants

Jan 29, 2014 (Wed):3dcart on Monday announced that its latest versions of online shopping cart solution, v6.1 has been rolled out successfully to all merchants with new features including Amazon Product Ads module, eBay integration module, 20 responsive HTML5 templates, QuickBooks Web Connector and new payment options. Visit http://blog.3dcart.com/3dcart-releases-v6-1-of-its-ecommerce-software/ to know more about the excited features...

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Google Acquires an Artificial Intelligence Firm in UK
Jan29

Google Acquires an Artificial Intelligence Firm in UK

Jan 29, 2014 (Wed): Google Inc was reported that agreed to acquire DeepMind, a London-based cutting edge artificial intelligence company founded by Demis Hassabis, Shane Legg and Mustafa Suleyman in 2012. DeepMind is combining the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms. Their first commercial applications are in simulations, e-commerce and...

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Microsoft Will Rename SkyDrive to OneDrive
Jan29

Microsoft Will Rename SkyDrive to OneDrive

Jan 29, 2014 (Wed): OneDrive will be the new name to replace SkyDrive, Microsoft’s cloud file storage program, says Ryan Gavin, Consumer Apps & Services general manager via a blog post. According to Ryan, the new name conveys the value they can deliver for people and best represents their vision for the future. The change of name will not affect current SkyDrive users.

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Kaspersky Lab Once Again Named a “Leader” in the Gartner Magic Quadrant
Jan28

Kaspersky Lab Once Again Named a “Leader” in the Gartner Magic Quadrant

Jan 28, 2014 (Tue): Kaspersky Lab has been named a “Leader” in the Gartner 2014 Magic Quadrant for Endpoint Protection Platforms for the third year in a row.* Kaspersky Lab believes this latest Gartner report honor once again confirms the company’s status as a top provider of endpoint protection solutions. The Gartner Magic Quadrant is an annual market research report based on complex analysis of the endpoint protection platforms of...

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Fortinet unveils “Connected UTM” and Twelve Network Security Products for Retail, Branch Offices and Distributed Enterprises in Malaysia
Jan28

Fortinet unveils “Connected UTM” and Twelve Network Security Products for Retail, Branch Offices and Distributed Enterprises in Malaysia

Jan 28, 2014 (Tue): Fortinet, a world leader in high-performance network security – today unveiled 12 new products designed to connect and extend Fortinet’s integrated security platforms for retail, branch offices and distributed enterprises in Malaysia. Under the umbrella of “Connected UTM,” Fortinet’s new FortiGate unified threat management appliances, wireless access points, wireless WAN extender, and Ethernet switches provide...

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New Vietnamese Government Decree Encourages Non-cash Payments
Jan28

New Vietnamese Government Decree Encourages Non-cash Payments

Jan 28, 2014 (Tue): Effective from 1 March 2014, organizations and individuals in Vietnam using public funds will be prohibited under a new Government decree from making payments in cash unless permitted or required by the Ministry of Finance and the State Bank of Vietnam, Vietnam News reports. All financial transactions including capital contribution, sale and purchase of shares, and lending and borrowing between enterprises are not...

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