Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • Taking on Alibaba, Amazon launches Prime Now in Singapore

Taking on Alibaba, Amazon launches Prime Now in Singapore

  • Categories Innovation & Technology
  • Date July 27, 2017
  • Comments 0 comment

Amazon has launched its Prime New delivery service in Singapore, its first market in Southeast Asia.

The Amazon apps went live in Singapore early last night local time, and Prime Now — an aggressive two-hour delivery service — is available to Singapore’s population of over five million people from today. The launch includes “tens of thousands of items” but it isn’t the full Prime offering, which Amazon said will be available “soon” in Singapore.

TechCrunch reported that a launch would happen this week after Amazon’s initial target of Q1 2017, which we first reported on back in November, was pushed back following complications.

The move brings Amazon into direct competition with Alibaba, which owns Southeast Asia-based e-commerce company Lazada. Lazada itself offers a Prime-like subscription service in partnership with Uber and Netflix, as well as grocery deliveries via Redmart, a service it acquired last year. Unlike Amazon, though, Redmart takes a minimum of one-day to fulfill orders. On top of that competitive advantage, Amazon is offering deep discounts for early users, although some customers complained that the coupon codes they used did not work.

“This is the first time we’re offering Prime Now to an entire country. Singapore allows us to launch to the whole country at the same time, but when you look at the Singapore consumer, at Singapore — it being urban, a great metropolitan city, people are very tech-savvy, it makes a great match with the Prime Now value proposition,” Henry Low, who is Amazon’s Director of Prime Now in Asia Pacific, told CNET in an interview.

The battle is just beginning, and there’s plenty to fight for.

With a cumulative population of over 600 million, an emerging middle class and growing smartphone sales, Southeast Asia is seen a market with potential for online services. The internet is accounts for less than five percent of all retail today, but growth forecasts are bright. E-commerce in the region is tipped to grow from $5.5 billion in 2015 to $87.8 billion by 2025, according to a 2016 report from Google and Singapore’s sovereign fund Temasek.

Amazon and Alibaba also compete in India, where Alibaba has backed payments and commerce company Paytm. Amazon is present there through its own organization. The U.S. firm has invested more than $5 billion into its India operations, including a recent $260 million capital injection made this month.

https://techcrunch.com/2017/07/26/amazon-prime-now-launches-in-singapore-its-first-market-in-southeast-asia/

  • Share:
gsiino

Previous post

Foot Locker to open flagship store on Paris' Champs-Elysées
July 27, 2017

Next post

Sephora debuts small format concept store in Boston
July 31, 2017

You may also like

vai tomar
Morrisons becomes first UK retailer to deploy Simbe Tally robot as select stores trial the technology
28 April, 2025
macys
Is AI the Next Frontier for Macy’s New CMO?
1 December, 2023
gogole-ai
Google will make fake AI products to help you find real gifts
16 November, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Aldi targets 20 new store locations across the UK
18Jun2025
Retail technology innovation of the week: AI driven age estimation tech goes live at IKI Lithuania stores
13Jun2025
Carrefour first major European grocer to adopt VusionGroup EdgeSense tech, following Walmart roll-out in US
12Jun2025
BAO BAO ISSEY MIYAKE Opens Its First U.S. Flagship Store in Soho, New York
12Jun2025
Kith & Wilson are Coming to London in Boutique Style
12Jun2025

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy