Retail News CRM

Tag: iCarousell

  • Astra car sales down 2.7 percent to 208,804 units in Q1

    Astra car sales down 2.7 percent to 208,804 units in Q1

    The countrys largest automotive company PT Astra International recorded a 2.7 percent decline year-on-year in car sales to 208,804 units in the first four months of the year.

    Based on data at the Indonesian Association of Motor Vehicle Industries (Gaikindo), Low Cost Green Cars (LCGC) contributed 34,209 units to the total sales by Astra Group.

    The sales in the first four month, however, was on the rise from 47,159 units in January to 49,933 units in February, to 54,508 units in March and to 57,204 units in April.

    The Astra group produces and sells Toyota, Daihatsu, Isuzu, Peugeot cars and UD Trucks. Sales have continued to be dominated by Toyota with sales reaching 111,710 units in the January-April period.

    Peugeot sales were the lowest in number reaching only 14 units. Sales of Daihatsu cars totaled 56,854 units, Isuzu 5,490 units, and UD Trucks 527 units.

    Sales of motorcycles produced by PT Astra Honda Motor (AHM) reached 1,439,241 units, down 13.5 percent from 1,664,395 units in the same period last year.

    Sales of non Astra cars in the first four months of the year totaled 177,316 units down 1.67 percent from 180,340 units in the same period last year.

    Sales of non Astra motorcycles totaled 543,263 units.

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  • Baidu Wallet launches Southeast Asia foray

    Baidu Wallet launches Southeast Asia foray

    China’s Baidu Wallet has launched its mobile payment service in Thailand, on the eve of the traditional Thai new-year celebration Songkran.

    Part of the Baidu search-engine group, the digital payment service is now connected to more than 400 merchants in four Thai cities – Bangkok, Chiang Mai, Pattaya and Phuket. It covers restaurants, shopping malls and spas.

    Baidu Wallet is also set to launch in South Korea and Japan, with plans to also expand into Hong Kong, Macau and Taiwan.

    Baidu Wallet’s smartphone app means Chinese travellers can avoid the bother of exchanging currency. They need only scan the QR codes of partnered merchants and enter the amount of Thai baht they need. The app converts the figure to yuan based on real-time exchange rates.

    China has the highest adoption rate in the world for technology-enabled payment systems, according to a new survey by market data company Nielsen. With information from 13,000 respondents across 26 countries, the survey shows that 86 per cent of Chinese respondents paid for online purchases over a six-month period, while the global average rate was half that at 43 per cent.

    A report by consultancy iResearch shows that China’s mobile payment transactions reached $373.2 billion in the third quarter of last year, a 64 per cent increase year-on-year.

    China has been the biggest source of international tourists since 2012, says the Tourism Authority of Thailand. There were 7.9 million Chinese tourists last year – 27 per cent of total international arrivals.

    Chinese travellers spent 6400 baht (US$180) a day each on average, with most tourists spending 5690 baht.

    A report from Forrester Research says the rapid growth of smartphones is driving an eCommerce boom across Southeast Asia, the world’s third-largest digital marketplace after China and India. This boom is being paralleled by strong payment growth via mobile. Companies are boosting their investments in online and mobile platforms such as Carousell in Singapore and Tarad in Thailand, where 35 per cent of purchases are made via a mobile device.

    Alipay, from Alibaba, has introduced an online shopping service Thailand duty-free shop King Power, and the WeChat app payment option launched in Thailand at the beginning of this year.