The future of business isn’t just about selling a product—it’s about selling an experience. This is the core belief of Steven Tan, president of SM Supermalls, and it’s a philosophy that has guided the company‘s evolution. During a recent media meeting, Steven argued that the most...
As Filipinos evolve alongside technology, the marketplace tradition once reserved for the hustle and bustle of wet markets is finding new life in the digital realm. The art of “tawad” or haggling is seen growing in the world of online shopping, yet its brushstroke still paints the same...
Filipino consumers are increasingly prioritizing authenticity and quality in their online purchases as household incomes rise and online shopping evolves beyond mere convenience. In a statement, Jack Ng, head of commercial at Shopee Philippines, stated that they observed consumers shifting towards...
Senator Sherwin Gatchalian called out online shopping platforms, including Shopee, Lazada, Tiktok Shop, Facebook Market, and Instagram, for allowing the sale of illicit tobacco and vapor products. At a recent Senate hearing, Gatchalian lamented that these online shopping applications have...
The Philippines' e-commerce market is poised for sustained growth over the next five years, driven by Filipinos' increasing preference for online shopping, despite challenges such as high unbanked rates and limited financial literacy. GlobalData forecasts that the Philippines' e-commerce market...
Free shipping emerged as the biggest factor influencing online purchase decisions among Filipinos, according to a report by e-commerce platform Shopify. Based on the Southeast Asia Retail Report 2024 published by Shopify, a staggering eight out of 10 Filipino online shoppers regard free shipping as...
By JACQUELINE LUCERO Illustration Freepik “Tao po, tao po, Lazada/Shopee po!" If the walls of our homes could talk, they would echo this modern-day mantra as we eagerly await our online shopping deliveries. The allure of virtual malls and the promise of doorstep delights have turned us into...
The Department of Trade and Industry (DTI) said there are more unresolved than resolved consumer complaints filed against e-commerce platforms, warning them of maximum penalty, including P300,000 fines and getting banned from operating and selling online. DTI Undersecretary Ruth Castelo said at the...
Around 50 percent of online shoppers in the Philippines are now engaged in cross-border shopping, with sales accounting for 24 percent of the entire e-commerce market in the country, according to a recent report from JP Morgan.
Trade and Industry Assistant Secretary Glenn Penaranda cited the JP...
The Insurance Commission should consider allowing online shopping platforms to sell insurance products, a policy paper released life insurer Pru Life UK stated. Based on the policy paper called “InsurTech: Driving Broader Insurance Access” authored by law firm Romulo Mabanta Buenaventura Sayoc...
Malldash.ph Of all the conveniences afforded at this point in modern life, one of the most amazing is being able to do many things at a single click of a button. Imagine doing all your errands in one go, without ever leaving your home. Impossible? Not at all. That’s how online shopping have...
Online shopping and rewards platform ShopBack said it gave back P927 million to over 5.2 million users nationwide after seven years of operating in the Philippines. Already, ShopBack has over 600 partner merchants in the country, across industries ranging from travel, fashion, tech, and...
