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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

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The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents.

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Macy’s Recognizes $3.1B Charge As Pandemic Reshapes Outlook

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billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement.

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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

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I would rather grow the market than just try to take everything,” the executive said. The geographic region is behind the globe because of hurdles like inconsistent addresses and links to the web that are not strong. Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa.

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Amazon Sets Sights On Southeast Asia

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So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

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Navigating The Overstuffed Weight Loss Market

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And by the granular numbers, the picture looks even worse: Obesity among women has more than doubled in some regions over the last decade-and-a-half. But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”.

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Amazon May Postpone SE Asia Plans

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The number of smartphone users in the region is anticipated to surpass 257 million by 2020; likewise, Southeast Asia’s internet economy is projected to become a $278 billion market by 2025. Tencent has also made major bids to expand into the region. Australian retailers are naturally concerned.

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Singapore’s Mobile Payments Market Appeal

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According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. One bank, UOB, has lifted that cap for any retailer that uses that bank’s payment processing. Singapore isn’t the only Asian market that Apple is eyeing. And unlike the U.K.,

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