Retail News CRM

Author: Mei Ling Tan

  • Aeon Vietnam pronounces fourth mall

    Aeon Vietnam pronounces fourth mall

    Japanese retailer and mall operator Aeon has introduced plans for a fourth mall in Vietnam.

    After the success of its first centre, Celadon Metropolis in suburban Ho Chi Minh Metropolis opened in January 2014, Aeon opened one other within the industrial hub of Binh Duong final November. A 3rd mall is underneath development in Lengthy Bien, within the capital metropolis, Hanoi.

    Now Aeon Vietnam says it is going to construct a fourth purchasing centre in Binh Tan, roughly 10km southwest of central Ho Chi Minh (about 40 minutes by automotive) inside the Worldwide Hello-Tech Healthcare Park being developed by Hoa Lam-Shangri-La. It’s scheduled to open in summer time.

    Aeon says the park gives medical, residential, instructional and business amenities and is predicted to proceed rising. The district’s transportation setting can also be well-developed, with quick access to an outer ring street and an East-West Freeway which may permit it to attract clients from a large space.

    The mall may have about 59,000 sqm of gross leasable flooring area and parking for about 1500 automobiles and 4000 bikes. It is going to be anchored by an Aeon hypermarket, with 160 specialty retailer tenancies.

    Underneath the Aeon Group Medium-term Administration Plan (FY2014-2016), the corporate is pursuing a shift to Asian markets as a standard group technique. Aeon opened its first malls in Cambodia in 2014 and Indonesia in 2015.

    Within the meantime, Aeon established a consultant in Vietnam in February 2015 to speed up enterprise improvement by unifying the group initiatives.

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  • Cristina Re opens Chengdu tea salon

    Cristina Re opens Chengdu tea salon

    Australian way of life model Cristina Re has opened its first stand alone Excessive Tea Salon and Boutique in Chengdu, China.

    The brand new retailer is situated on the just lately opened Taikoo Li retail complicated in Chengdu an opulent new mall which units a brand new commonplace in purchasing and eating within the metropolis.

    Taikoo Li presents a variety of luxurious manufacturers in a single luxurious complicated whereas sustaining the quaint really feel of a boutique lined aspect road. Luxurious tenants within the centre promise to impress with flagship shops from Gucci, Cartier, Hermès, and Jimmy Choo, amongst others. No expense has been spared within the complicated match out of Taikoo Li which targets the town’s rising center class.

    Cristina Re says she selected Chengdu for the tea salon idea’s debut as a result of it’s considered one of China’s quickest rising markets for luxurious items.

    “Residents of Chengdu have a robust want for western labels and to immerse themselves in  Western tradition.”

    The brand new retailer options the newest in excessive finish structure and inside design, the results of an in depth collaboration between Cristina Re and the designers who sought to create a sense of “atmosphere and splendor”.

    The salon options white marble flooring, bronze and copper fitouts, bespoke white leather-based furnishings and an opulent outside courtyard invoking a sensation of indoor/outside dwelling suited to the hotter local weather.

    Cristina’s trademark aesthetic of making an expensive and  indulgent excessive tea expertise has been prolonged inside the retailer to incorporate a full à la carte menu ready by a well-known worldwide chef from Hong Kong and that includes a fusion of Japanese and Western delicacies with natural produce sourced from around the globe.

    The model says an in depth cocktail and Champagne supply will attraction to the extremely social and classy Chengdu crowd.

    The Cristina Re retailer in Taikoo Li is the primary in a “multifaceted retail technique” the corporate is planning for China together with additional enlargement all through Asia within the  coming two years.

    In Australia, Cristina Re is understood for her signature and opulent trendy patterns and  female type executed throughout a various product vary from stationery to house decor in a mess of boutiques all over the world.

    Increasing the Cristina Re Model into China is a big transfer for the label that started over 20 years in the past and presently provides greater than 1000 wholesalers.

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  • Amazon AWS launches in India

    Amazon AWS launches in India

    Amazon Net Providers is to open an infrastructure area in India for its cloud computing platform in 2016.

    “Tens of hundreds of consumers in India are utilizing AWS from considered one of AWS’s 11 international infrastructure areas outdoors of India. A number of of those clients, together with many potential new clients, have requested us to find infrastructure in India to allow them to take pleasure in even decrease latency to their finish customers in India and fulfill any knowledge sovereignty necessities they could have,” stated Andy Jassy, senior VP of AWS.

    “We’re excited to share that Indian clients will have the ability to use the world’s main cloud computing platform (AWS) in India in 2016 – and we consider India can be considered one of AWS’s largest areas over the long run.”

    Clients in India similar to Hike, PayTM, Zedo, Freshdesk, Inmobi, Capillary Applied sciences, HackerEarth, Getit, Ferns N Petals, redBus, Druva, Vserv, Hungama, Tata Motors, Jubilant Meals Works, STAR India, Future Group, Manipal International Schooling, Classle, NDTV, Dalmia Bharat Sugar, Usha Worldwide, Macmillan India, Apeejay Stya and Svran Group are already utilizing AWS to drive value financial savings, speed up innovation, velocity time-to-market, and broaden geographic attain in minutes.

    Amongst Amazon’s Indian AWS clients is Ferns N Petals is a number one flower and retailer with 194 retailers in 74 cities and supply throughout 156 nations worldwide. Previous to utilizing AWS, Ferns N Petals was operating its IT infrastructure in a standard datacenter. The corporate turned to AWS within the yr 2014 when their enterprise grew quickly and determined to maneuver their complete on-line enterprise to AWS. Since shifting to AWS, they’re able to handle speedy progress of their customers’ visitors that peaks at 80 per cent in the course of the festive seasons.

    “Our expertise with AWS over the previous yr has been wonderful. AWS is now the cornerstone in our progress technique,” stated Manish Saini, VP of on-line enterprise for Ferns N Petals.

    “We’ve got just lately launched two new companies that embrace new abroad enlargement which might be all operating on AWS. We at the moment are capable of spend extra time and assets in areas that matter to our clients reminiscent of new cellular app improvement that may improve their shopping for expertise.”

    Launched in 2006, Amazon Net Providers presents a totally featured know-how infrastructure platform within the cloud comprised of a broad set of compute, storage, database, analytics, software, and deployment providers from knowledge middle places within the US, Australia, Brazil, China, Germany, Eire, Japan, and Singapore.

  • Chinese language thirst for funding wine insatiable

    Chinese language thirst for funding wine insatiable

    Acker Merrall & Condit, the world’s largest wine auctioneer, says consumers from Hong Kong, China Macau and Taiwan accounted for greater than 48 per cent of worldwide gross sales by worth within the final yr.

    “Their urge for food for the best wines stays robust,” the corporate says.

    Acker Merrall has just lately developed a brand new format, ‘Connoisseur’s Membership’ reside public sale in Hong Kong, which is simulcast in Beijing, Shanghai and Taipei. It has additionally unveiled a brand new cellular App permitting clients to bid whereas on the transfer, and runs month-to-month internet-only auctions in Hong Kong.

    These improvements, squarely aimed toward Asian collectors, helped Acker Merrall shut the primary half of the 2015 wine public sale season with over US$40 million in income, setting 750 new world data, of which greater than two-thirds have been Burgundy.

    “What being primary once more in each the US and Hong Kong markets actually means is that the World’s Prime Collectors proceed to decide on Acker Merrall,” stated chairman John Kapon.

    “We work onerous, and we play onerous, too. We’re wine lovers initially, and we’re very grateful to share our love with probably the most passionate collectors all over the world, a world that continues to develop with every new day.”

    In tons, or quantity of wine moderately than worth, the US nonetheless accounts for 61 per cent of the corporate’s gross sales, and 41 per cent of the worth.

    “The web public sale enterprise skews the info a bit on the subject of the variety of tons, since that enterprise is rather more developed in America, and since we simply began them right here in Hong Kong,” stated Kapon.

    “However it does present that America is shopping for extra A to Z, accumulating extra wines and getting stronger usually. It additionally exhibits how a lot potential stays within the Far East. China continues to be actually in its improvement levels but continues to spend probably the most cash.

    “With 4 new stay auctions and month-to-month web auctions added this yr in Hong Kong, together with simulcasts in three new main (and thirsty) cities, Higher China stays an thrilling and critically necessary market.”

  • Hong Kong retail gross sales stabilise

    Hong Kong retail gross sales stabilise

    Authorities figures for Hong Kong retail gross sales in Might recommend the worst of the tumult seems to be over.

    The whole worth of retail gross sales in Might 2015, provisionally estimated at HK$39 billion, edged down by zero.1 per cent in contrast with the identical month in 2014. The revised estimate of the worth of complete retail gross sales in April 2015 decreased by 2.1 per cent in contrast with a yr earlier.

    For the primary 5 months of 2015, the worth of complete retail gross sales decreased by 1.eight per cent in contrast with the identical interval in 2014. As earlier reported, complete gross sales for the primary three months fell 2.three per cent.

    Higher but: After netting out the impact of worth modifications over the identical interval, the quantity of complete retail gross sales in Might 2015 elevated by four.6 per cent over a yr earlier. And for the primary 5 months of 2015, complete retail gross sales elevated by 1.three per cent.

    As anticipated, gross sales of jewelry, watches and clocks fell – by 14.9 per cent. Attire gross sales have been down simply 1.9 per cent.

    Division retailer gross sales rose 7.6 per cent and electrical items and photographic gear by 14.6 per cent.

    A authorities spokesman stated the figures confirmed relative enchancment in Might.

    “However, the drag from the slowdown in vacationer spending remained notable, because the gross sales of jewelry, watches and clocks, and helpful presents continued to register a double-digit yr on yr decline.

    “The near-term outlook for retail gross sales will nonetheless rely a lot on the efficiency of inbound tourism. But, the secure job and revenue circumstances ought to render some help to native shopper sentiment.”

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  • Denmark’s Infinite Jewellery make Asian debut

    Denmark’s Infinite Jewellery make Asian debut

    Denmark’s Countless Jewellery has made its Asian debut, opening its first retailer in Taiwan.

    The opening marks Infinite Jewellery’s fourth continent and 23rd worldwide market. Earlier in June it opened its first retailer in Estonia.

    Its merchandise at the moment are out there in additional than 3500 shops worldwide.

    A grand opening occasion within the Taipei retailer was attended by invited friends from China, Hong Kong, Malaysia and Singapore – maybe giving an perception into the model’s subsequent Asian goal markets.

    Countless Jewellery founder Jesper Nielsen stated the opening week buzz surrounding the brand new Taipei retailer proves its designs and model really have international attraction.

    “Each single day we’ve seen a line of consumers inside and out of doors the shop, and regardless that our native administration anticipated this, it’s been a extremely constructive expertise for myself and the European group.”

    Infinite Jewellery plans 15 shops in Taiwan in “prime places in main cities”.

    CEO of Nice China area, Michael Thomsen, stated that given Infinite Jewellery is totally new to the market, it’s going to take time to construct the model consciousness there.

    “By opening with the attendance of principally all media within the area – in addition to a number of the major celebrities – we now have already come a great distance. I anticipate we’ll attain US$5 million in gross sales within the first yr, which shall be an excellent begin for our Asian enterprise.”

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  • Matahari unveils new upmarket grocery format

    Matahari unveils new upmarket grocery format

    Indonesia’s PT Matahari Putra Prima has opened the primary of a brand new upmarket grocery retail retailer format.

    The multi-format trendy retailer, which operates Hypermart, Foodmart and Boston Well being & Magnificence chains, has branded its new supply Foodmart Primo. The shop, situated on the new MaxxBox Lippo Village in Karawaci, Tangerang, opened final Friday.

    The creation of the Foodmart Primo idea is predicated on the corporate’s persevering with remark and analytical research on Indonesian buying tendencies, displaying an upward development of center class consumption all through the area.

    Foodmart Primo can be positioned strategically in key areas in a number of metropolitan Indonesia cities.

    Matahari says Foodmart Primo clients will expertise trendy grocery store format enhancements associated to retailer format and atmosphere in addition to product choices with a better give attention to offering a extra pleasurable buying expertise, high quality premium merchandise and comfort.

    Director of Foodmart Operations, Dave Rao stated: “With the opening of MaxxBox, we’ve got the chance to open our first “upmarket” retailer beneath the Foodmart Primo model. Primo means high-quality.

    “Foodmart Primo is a professionally designed an upmarket retailer with further options comparable to able to eat part, “boutique” bakery and wine station underneath one roof. The grocery store gives a excessive degree of native and imported items to serve the rising worldwide group in Lippo Village,” stated Rao.

    “A variety of native, imported vegatables and fruits can be found every day along with a wide selection of beef, poultry, seafood and delicatessen.”

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  • Lippo Malls to purchase two Indonesian centres

    Lippo Malls to purchase two Indonesian centres

    Singapore-headquartered Lippo Malls Indonesia Retail Belief is to purchase two purchasing centres in  Indonesia.

    The properties are Palembang Icon and Lippo Plaza Batu, collectively value $83.33 million (or Rp1.06 trillion).

    The Batu Metropolis mall is a small centre with 12,324 sqm internet lettable space however consists of the suitable to construct a further 6500 sqm of area on the rooftop. Batu Metropolis is in Malang province in East Java with a inhabitants of 190,000.

    Palembang Icon is a five-storey 35,797 sqm retail mall outfitted with a sports activities centre, situated in Palembang Metropolis in South Sumatera.

    LMTR says the retail malls will probably be purchased at costs lower than unbiased valuations they usually have secure tenants.

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  • Japan retail gross sales proceed to strengthen

    Japan retail gross sales proceed to strengthen

    Japan retail gross sales rose a wholesome three per cent in Might – marking the second consecutive month-to-month achieve after a yr of stagnancy or decline.

    Knowledge from the Ministry of Financial system, Commerce and Business, exhibits shoppers are enjoyable their purse strings with gross sales at giant retailers rising 5.three per cent yr on yr ona  similar shops foundation.

    Retail gross sales have been depressed following the implementation of a gross sales tax improve on April 1 final yr.

    Meals, clothes and residential electronics have been the main performers in Might.

    In March, retail gross sales fell 9 per cent, though that was largely as a result of an irregular March 2014 when shoppers introduced ahead spending previous to a gross sales tax improve on April 1.

    The Financial institution of Japan says the retail figures present shoppers are extra assured, easing the strain on the financial institution to extend a stimulus program.

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  • Lawson Thailand targets 1000 shops

    Lawson Thailand targets 1000 shops

    Lawson Thailand, a three way partnership between the Japanese comfort retailer operator and an area Thai listed firm, says it plans to open 1000 shops throughout the nation.

    At present it has simply 40 buying and selling underneath the brandname Lawson 108, but it says it’s going to attain 1000 inside three years.

    Lawson Thailand is a three way partnership between Saha Pathanapibul Pcl and Lawson Inc of Japan.  Saha Pathanapibul is a subsidiary of Saha Group, Thailand’s largest shopper merchandise enterprise.

    The 2 corporations established a three way partnership in 2012 however progress up to now has been sluggish.

    Now they are saying they may concentrate on creating some extent of distinction between rival comfort retailer chains, such because the market dominant 7-Eleven, together with providing freshly cooked, able to eat meals.

    With 7-Eleven already working 8000 comfort shops in Thailand and Central Group’s Household Mart enterprise increasing, Lawson Thailand might face an uphill battle gaining market share, even with 1000 shops buying and selling.

  • 11street Reveals Online Search for Baby Car Seats Spike as ‘Balik kampung’ Exodus Approaches

    11street Reveals Online Search for Baby Car Seats Spike as ‘Balik kampung’ Exodus Approaches

    11street (www.11street.my), one of the largest online marketplaces in Malaysia, recently analysed trending products on their website last week which interestingly reveals a whopping 81 percent increase in searches for baby car seats – a positive sign of rising awareness of child passenger safety across the country while everyone gets ready to embark on long car journeys home for the Raya holidays.

    The trend among parents surfing on 11street goes in line with the recent urge expressed by Malaysian Consumers Association to enforce car seats for carrying infants and children in vehicles.

    11street’s Chief Executive Officer, Hoseok Kim points out that while child car seats has yet to be made mandatory by the local government, the rise of car seat searc indicate parents are becoming more savvy about road safety, especially for long journeys which is a positive step.

    Car accidents on the rise

    According to statistics revealed by Bukit Aman’s Traffic Branch, there has been a 5.5 percent increase in car accidents in 2014 as compared to 2013. Total car crashes last year amounted to an appalling figure of nearly 60 000 cases. In the event of a vehicle crash, car seat use have been found to significantly reduce the risk of a child’s death.

    Kim says, “Parents are increasingly concerned about the safety of their young children. It should come as no surprise that parents search for car seats at online marketplace such as 11street because it is one of the most conducive platforms where people can research for vast product information. At 11street, we stock car seats that offer protection in the event of collision, and ensure your little ones are comfortable  throughout the journey.”

    Taking your family safety in your own hands

    At the same time, using mobile phones and other portable devices while behind the wheel has emerged as a recent trend posing a tremendous risk of car accidents. The sobering statistics on the number car accidents should also prompt vehicle owners to go even further while equipping their cars for this year’s ‘balik kampung’ and ensuring the safety of all passengers.

    Kim ends, “Apart from baby car seats, we also begin to see increased search for Bluetooth earphones over the last week by at least two-fold. Hands-free devices should be a priority as well since it enables drivers to make calls safely with minimal disruption. At 11street, we offer a wide selection of safety boosting car accessories at affordable prices including Bluetooth stereo receivers, anti-sleep alarms and many more.”

    Data also shown that with the upcoming festivities, other indispensable items such as powerbanks and travel bags have gained in popularity. This indicates that Malaysians are already starting to prepare for Raya to ensure that they can enjoy endless entrainment on the go and easily carry their belongings for their ‘balik kampung’ journey.

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  • Singapore’s MyRepublic enters Indonesia with fiber Internet services

    Singapore’s MyRepublic enters Indonesia with fiber Internet services

    It would seem that Singapore-based startup Internet provider MyRepublic has just launched operations in a new market: Indonesia.

    A quick look at MyRepublic’s Singapore website now shows Indonesia listed as one of the countries of operation along with Singapore and New Zealand. The New Zealand operation launched in October last year.

    MyRepublic’s Indonesian site is also live in Bahasa Indonesia and lists nine retail locations in areas such as Palembang and Surabaya.

    MyRepublic plans

    The site lists prices for all. The cheapest fiber optic plan is the Basic, which retails at US$15, while the most expensive plan Supernova retails at about US$70.

    It should be noted that the Supernova plan has a maximum download speed of 300Mbps, as opposed to the 1Gbps maximum speed MyRepublic customers in Singapore enjoy.

    This move into Indonesia, however, does not come as a surprise as one of the company’s investors, the Sinar Mas Group (who in May of 2014 invested US$3.5 million) is based in Indonesia.

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  • Vincom Retail wins US$100m PE funding

    Vincom Retail wins US$100m PE funding

    Vietnam’s largest mall operator, Vincom Retail, has secured US$100 million in funding from a consortium led by private equity company Warburg Pincus.

    It takes the US PE company’s combined investment in the Vietnamese property developer to $300 million.

    Vincom Retail, the largest shopping mall operator in Vietnam, currently has 20 malls in operation or under development. Together with a robust pipeline in prime locations nationwide, the company has the only true national mall network.

    The existing prime assets of Vincom Retail include Vincom Dong Khoi and Vincom Thu Duc in Ho Chi Minh City, Vincom Ha Long, Vincom Ngo Quyen (Da Nang), plus Vincom Ba Trieu, Vincom Long Bien, Vincom Mega Mall Royal City and Vincom Mega Mall Times City in Hanoi.

    Vingroup CEO Duong Thi Mai Hoa said Vincom Retail has more than tripled the size of its portfolio since it first partnered with Warburg Pincus in 2013.

    “The follow-on investment by the Warburg Pincus Consortium is a vote of confidence from our investors in our strong performance to date and our long-term vision for both Vincom Retail and Vietnam. Warburg Pincus has been a great partner to date, and we believe this investment will help us to further accelerate the buildout of our malls as well as our broader retail platform, which includes VinMart, VinDS, VinFashion and VinPro, on a national basis.”

    Vingroup Joint Stock Company is Vietnam’s largest publicly-traded real estate operator and one of the largest companies by market capitalisation.

    Vincom Retail’s properties have attracted leading global and local brands, as well as world class F&B and entertainment operators. The Vincom Retail malls are home to more than 700 domestic and international brands, with major tenants such as Robins Department Store, Marks & Spencer, CJ CGV, Mango, DKNY, French Connection, BCBG Maxazria, Karen Millen, GAP, Lacoste, Nike, Adidas, Emigo, VinMart, VinPro and Vinpearl Land.

    Jeffrey Perlman, MD of Warburg Pincus, said his company was impressed by the growth and performance of Vincom Retail since its initial investment.

    “We believe strongly in the long-term economic prospects for Vietnam on the back of continued urbanisation and emerging middle class consumption. With its best-in-class management team, leading integrated retail platform and unrivaled local expertise, Vincom Retail is poised for strong growth over the next five years. We look forward to continuing to work closely with the Vingroup and Vincom Retail management teams to build the preeminent retail franchise in Vietnam.”

    Vingroup and its subsidiaries boast a market capitalisation of US$3.2 billion as of June 2015.

    It develops and manages real estate, hospitality and entertainment properties in Vietnam across six business divisions – Property: Vinhomes luxury apartments & villas, Vincom and Vincom Mega Mall shopping centers, and Vincom Office space for lease; Hospitality and entertainment: 5-star Vinpearl Resort, upscale Vinpearl Luxury resorts, Vinpearl Land amusement parks and family entertainment centers, Vinpearl Premium resorts and villas, and Vinpearl Golf Club; Retail: VinMart supermarkets, VinMart+ convenience stores, VinFashion, VinDS chain of specialty retail stores, VinPro electronics and appliance stores, and Adayroi comprehensive E-commerce platform.

    Vingroup also operates in Healthcare: Vinmec quality healthcare services; Education: Vinschool quality education, and Agriculture: VinEco – Trusted quality source of food and the Group’s newest sector.

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  • China Jo-Jo surges forward on on-line progress

    China Jo-Jo surges forward on on-line progress

    China Jo-Jo Drugstores, the China-based retail and wholesale distributor of pharmaceutical and well being care merchandise via its personal on-line and retail pharmacies, has reported a fourth quarter income increase of 30.1 per cent and a $three.34 million revenue – overturning a $1 million loss for a similar interval a yr earlier.

    For the complete yr, the corporate elevated income by 16.2 per cent: its on-line pharmacy gross sales soared 96.eight per cent and retail gross sales by 21.7 per cent. Gross revenue elevated $6.7 million, or by 117.2 per cent and gross margin doubled. China Jo-Jo says its on-line success was as a result of a collection of on-line advertising efforts, increasing its presence on eCommerce platforms, like Taobao, JD.com and Amazon.com. The corporate additionally signed a service settlement with Alipay (China) to include Alipay’s on-line cost service into its e-stores.

    Lei Liu, chairman and CEO, stated: “We’re thrilled to shut out fiscal yr 2015 with a stellar fourth quarter efficiency.  Our official on-line pharmacy, skilled greater than 3 times income progress yr over yr because of our strategic partnership with China’s main Pharmacy Profit Administration (PBM) supplier and insurance coverage corporations. After virtually two years of restructure of which our administration has shifted focuses and assets to larger progress and excessive margin market phase, we consider FY 2015 was a serious turning level for China Jo-Jo.

    “We not solely achieved chance after the final two years’ main losses, but in addition regained the belief of our loyal clients and shareholders.

    “As we speed up our progress into 2016 and past, we consider our eCommerce gross sales will at some point surpass the gross sales from our conventional offline pharmacy enterprise. By leveraging our on-line presence, China Jo-Jo goals to turn out to be a nationally recognised pharmacy chain and a number one participant within the on-line drugstore marketspace in China,” Lei Liu stated.

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  • Users Can Pay Instantly Through BlackBerry ‘s BBM Money In Indonesia

    Users Can Pay Instantly Through BlackBerry ‘s BBM Money In Indonesia

    Blackberry disclosed that its users in Indonesia will be able to pay for goods, as well as, services through online and in stores instantly with the help of BBM money. The users need not have to bother where they bank and use it. The move comes on the heels of the company holding an event last week to provide an update to media, iOS, Android, and BlackBerry communities in the country.

    All Platforms

    BlackBerry Ltd indicated that the app could be used on all major platforms to make payments from mobile. The company said that BBM Money is an app that merges directly with BBM account of a customer, which enables users in Indonesia to pay in real-time with the help of its platform with which its BBM platform is familiar and comfortable with. The move strengthens the firm’s expertise, as well as, a legacy in respect of security and privacy.

    The company said that in Indonesia, BBM is the most popular messaging app, especially on devices running Android OS. BlackBerry believes there are three  favorable trends for making the country an obvious choice for the launch of a mobile money service.

    Booming E-Commerce

    BlackBerry Ltd (NASDAQ:BBRY) said that e-commerce is not only booming but also growing at a faster rate globally though behind China. Also, the 250 million people are witnessing a rapid development of economic activity in the country.

    The second trend is in respect of smartphone penetration, which reached 20%. The adoption rate is considered highest in the world. Also, mobile messaging appears to be common in Indonesia. Aside from these, the first experience of the Internet is from a smartphone for most of the citizens in the country. As a result, there exists a tremendous opportunity for innovative and entrepreneurial online retail startups. That is set to draw the attention of fresh customers through the smartphones. That is exactly where the company’s mobile channels and mobile ad platform will play a crucial role.

    Fewer People With Cards

    The last and the third trend pointed out by smartphone inventor is the fewer number of people having access to traditional bank account. Also, only 11% of the citizens have debit cards while credit card holders account for only 3% in the country. That suggests that there are more users of BBM than the card users. As a result, its mobile payment service is more useful for those without access to a bank account or credit or debit card. That is because its service is integrated with the mobile messaging service, which the citizens love very much.

    BlackBerry Ltd said that it is working with some of the retailers to accept instant mobile payments through BBM money to celebrate Ramadan. That is a busiest buying season in any year in Indonesia.

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