Unicommerce improves its Southeast Asia Portfolio, Onboards over 10 companies

Unicommerce has expanded its Southeast Asia client portfolio by onboarding over 10 clients to its network. These clients are from Singapore, Philippines, and Malaysia. The e-commerce focused supply chain SaaS technology platform will help these companies with their order management, warehouse management, and inventory management.

"Our journey in South East Asia started in December 2020. We spent the initial six months on extensive research to understand the pain points of e-tailers in the region and to enhance our product to cater to companies in Southeast Asia. We are confident that our learnings will help us with our aggressive expansion plans. Our team is continuously working to add more clients across multiple sectors and sizes. With our proven success record in our home market- India, brands in South East Asia are showing immense interest to partner with Unicommerce in their e-commerce journey," said Mr. Kapil Makhija, CEO, Unicommerce.

Unicommerce is currently working with a few leading brands in Southeast Asia, including Edamama, and PayoAsia. Focused on expansion in Southeast Asia, the company is looking to increase its workforce in Singapore, Malaysia, and Philippines. Unicommerce will also look to achieve 400%+ business growth in the region this year.

 

Influencers Can Now Showcase Their Brands and Sell Products Online With PopBox

AnyMind Group has announced the launch of PopBox, an online retail store for influencers where they can showcase and sell their own brand and products. Currently, PopBox is being made available in Thailand and Japan.

Apart from being a great platform for the influencers, PopBox will also enable the consumers to discover and purchase a wide variety of products from influencer brands. AnyMind Group has said that it will make PopBox available in other Asian markets soon.

Thai influencer brands 11am Shop by MayyR and Land of N by Nisamanee Nutt, and Japanese influencers such as Kanockstar and Mukuena have already listed on PopBox. Although these merchants are currently part of the AnyCreator influencer network, AnyMind has plans to open PopBox up to any influencer in near future.

“Since the start, we have constantly developed new products and business models and we can now provide platforms that form the next-generation business infrastructure for the digital economy, similar to a super app for running a business. PopBox adds to our vast amount of offerings for influencers and content creators that span content monetization and distribution, brand collaborations and the creation of influencer brands,” said Kosuke Sogo, CEO and co-founder of AnyMind Group.

 

 

Amazon Expected to Surpass Walmart as America's Largest Retailer

Recent reports and statistical analysis have reported that Amazon will surpass Walmart in total merchandise sales in the US. Besides, Walmart is growing its sales volume by more than 20 percent every year. An April report from e-commerce data company Edge reported that Amazon wouldn't pass Walmart until 2025. But J.P. Morgan analyst Doug Anmuth thinks Amazon will pass Walmart in US sales by the end of next year.

Amazon currently holds a market share of approximately 40 percent of all online sales in the US, which puts its gross merchandise volume to around $327 billion. Also, Amazon has a "small" physical retail operation that's brought in over $15 billion in revenue over the last four quarters. This makes the total retail volume around $340 billion. In contrast, Walmart US and Sam's Club generated a combined income of $439 billion over the last four quarters. Walmart also operates a third-party merchant marketplace.

So, as of now, Amazon is still about $100 billion behind Walmart. That's a big gap to make up in just seven quarters. But there are slight chances that Amazon's gross merchandise volume, excluding its physical stores, will climb to $377 billion this year and reach $457 billion in 2022. Henceforth, there is still a lot of room for e-commerce to take a share of total retail sales, which will lead to sustainable double-digit growth.