CEO of mall owner with shares down 99% says there's more to life than money

SHARES of CBL & Associates Properties are down 99 per cent from their peak, but chief executive officer (CEO) Stephen Lebovitz is undeterred.

Record online sales give short US holiday shopping season a boost: report

[BENGALURU] US shoppers spent more online during this year's holiday shopping season, a report by Mastercard Inc showed on Wednesday, with e-commerce sales hitting a record high.

Former pasar malam stall now holds Facebook live auctions

The shift online has helped it to remain in a fixed location that all customers can "visit" virtually and allow the marketing team to expand its capabilities.

Online sales break Black Friday record as clicks beat queues

It was the second biggest US online sales day ever, behind 2018 Cyber Monday's US$7.9 billion.

Amazon opens pop-up store on China's Pinduoduo until year-end

[SHANGHAI] Inc on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo Inc that will run until the end of December and carry a selection of about 1,000...

Alibaba says Singles’ Day sales hit $17.7 billion in first hour

The figure is up 32 per cent from last year’s early haul.

Economic Affairs: The tricks companies play online

They take advantage of consumer biases, but now face pushback.

MBS' luxury mall rings out 2018 with record revenue of US$179m

THE cash registers rang loud and clear throughout 2018 at The Shoppes at Marina Bay Sands (MBS), with the luxury mall racking up its highest sales revenue in a calendar year since the integrated...

The answer's in the cloud

AS THE year comes to a close, consumers in Asia-Pacific have flocked to popular e-commerce sites to maximise deals from hefty discounts, since the Singles' Day in November to "12.12" and then...

Internet economy in South-east Asia to top US$240b by 2025: study

SOUTH-EAST Asia's Internet economy is expected to exceed US$240 billion by 2025, beating the previous estimate of US$200 billion put up just a year ago, as lower costs enable more consumers to go...

Carousell introduces new payment system to tackle scams; says such cases account for small fraction of transactions

SINGAPORE - Even though 80 per cent of e-commerce scams in the first half ofthis year took place on its platform, Carousell said the cases account for only a small percentage of its transactions...