Tokopedia reclaims top spot from Shopee as most visited e-commerce site in Indonesia – TECH WIRE
For the second quarter of 2019, Tokopedia reclaims the title of Indonesia’s most frequented e-commerce site. Tokopedia’s monthly online traffic hit 147 million visits, while Shopee came in second with 126 million visits. Since the first quarter of 2020, Shopee has constantly ranked top on the Apple App Store and Google Play Store. Last year, Shopee was the top downloaded shopping app in six of the region’s largest markets: Indonesia, Malaysia, Thailand, Vietnam, the Philippines, and Singapore. Gojek and Tokopedia have agreed to combine in May 2021 to become the GoTo Group. With an estimated worth of US$18 billion, this new company has become Indonesia’s most valuable startup.
Customers in New York City and Los Angeles will be able to buy Alkaline88® 1-Gallon 4 Packs, 3-Liter 4 Packs, and 6-Liter 4 Packs beginning in November. 1-liter 12 packs and 500mL 24 packs are available on alkaline88.com, with delivery options including 2-hour, same-day, or next-day. Ohi is a next-generation instant commerce platform that allows firms to satisfy their consumers’ expectations of rapid delivery. The Alkaline Water Company is a national leader in functional hydration. “Ohi’s revolutionary delivery approach will provide our customers with “immediate” delivery alternatives,” says CEO Ricky Wright.
By the end of the first quarter of 2019, the company intends to extend its cooperation with Ohi into eight more significant markets. The Alkaline Water Company (NASDAQ and CSE: WTER) is based in Scottsdale, Arizona, and was founded in 2012. Alkaline88, the company’s main product, is a renowned alkaline water brand that is available in bulk and single-serve versions. Ohi is the premier instant commerce solution for direct-to-consumer companies. Customers in New York City and Los Angeles will be able to buy Alkaline88® 1-Gallon 4 Packs, 3-Liter 4 Packs, and 6-Liter 4 Packs beginning in November.
1-liter 12 packs and 500mL 24 packs are available on alkaline88.com, with delivery options including 2-hour, same-day, or next-day. As the Company grows with Ohi into eight more key markets by the end of Q1 next year, and to a total of 25 by 2022, the Company thinks that this enhanced e-commerce consumer experience will continue to drive its growth. Material assumptions underlying these forward-looking statements include, among other things, that demand for the Company’s goods will continue to expand. Such forward-looking statements include, among other things, that beginning in November, customers in New York City and Los Angeles will be able to order Alkaline88® 1-Gallon 4 Packs, 3-Liter 4 Packs, 1-Liter 12 Packs, and 500mL 24 packs on alkaline88.com and choose 2-hour, same-day, or next-day delivery; that E-commerce is a critical channel for The Alkaline Water Company’s future growth; and that as the Company expands The company does not own or control any of its manufacturing facilities, and co-packers may not renew existing agreements or meet higher output limits.
Government restrictions governing the manufacturing and marketing of alkaline water and other goods are examples of such considerations. The possibility of a product recall owing to accidental contamination; the inherent risks of operating as a startup; changes in customer demand; and the possibility that consumers would not adopt improved water products as predicted or at all.
Saks Fifth Avenue e-commerce unit aims for IPO at $6 bln valuation – WSJ
This week, the company is interviewing possible underwriters for an IPO that may occur in the first part of next year. Saks has said that it would not comment on rumors or conjecture. The premium department store’s e-commerce component has been created as a distinct company by Hudson’s Bay Co (HBC), the owner of Saks Fifth Avenue.
Instacart Acquires Smart Cart Startup – CONVENIENCE.ORG
Caper AI, a startup tech company that develops smart grocery carts, has been bought by Instacart. Amazon’s Dash Cart and A2Z Smart Technologies’ Cust2Mate are competitors for the company’s carts. Kroger has collaborated with Instacart to provide customers with fresh food delivery in as little as 30 minutes. Cowen Inc. predicts that by 2025, online grocery sales will account for 20% of total grocery sales.
Shopee enters France, Spain, and Poland in aggressive European expansion – KRASIA
Shopee, based in Singapore, has extended its operations to France by launching a French e-commerce site of the same name. Earlier this month, the company also launched a Spanish version of its marketplace in Spain. Shopee is already the most popular shopping app for Android users in Poland and Spain. According to JP Morgan, 67 percent of French people have bought online at least once. Online sales accounted for 6.7 percent of total retail sales in Spain, with 47 percent of Spaniards purchasing things online.
Shopee has established a solid foothold in Brazil since launching local operations in 2019. At the same time, Poland’s e-commerce value is expected to expand at a compound annual growth rate of 10.6 percent from 2019 to 2023. France has the largest e-commerce penetration among these three countries, with online sales accounting for 9.1% of total retail sales between 2019 and 2020.