HOME DISTREE APAC launches second annual Asia-Pacific Consumer Tech Channel Survey
DISTREE (Asia Pacific) APAC has started collecting responses for its 2017 regional consumer tech channel survey. Reaching out to thousands of senior executives from consumer tech distributors, retailers and e-tailers across the region, the survey explores sales performance, business confidence, financial trends and attitudes towards product categories.
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Harvey Norman expands in East Malaysia
Asia Pacific tech retailer Harvey Norman is expanding in East Malaysia, opening an anchor store at the Vivacity Megamall in Kuching. Harvey Norman becomes the fourth anchor tenant in the mall and its new outlet will span almost 47000 square feet. The move to open a store in East Malaysia forms part of the retailer’s omnichannel strategy. Harvey Norman Malaysia has been handling more than 10000 online transactions from customers in East Malaysia, even though the company did not have a physical retail presence in the region.
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Courts names new CEO in Indonesia
Singapore-based tech retailer Courts has appointed a new boss for its operation in Indonesia. Joseph Greenway has been named as the new country CEO. Greenway rejoins Courts after two years as COO of Fantastic Furniture in Australia. Prior to that, Greenway spent 15 years at Courts in a variety of executive roles in Singapore and Malaysia. The appointment comes after Roy Santoso resigned from his role as Indonesia country CEO at Courts to pursue other career opportunities.
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Challenger touts Hachi.tech potential
Singapore-based tech retailer Challenger is optimistic on the growth potential for its online tech marketplace, Hachi.tech. The platform has made solid progress in its first year and the company is looking to expand the range of products available, improve the user experience and offer faster fulfilment options. Challenger also opened the doors to its much-awaited new flagship store in Singapore on May 1st.
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Major technology brands and distributors confirmed as exhibitors at DISTREE Russia 2017
DISTREE Russia’s return to Moscow in 2017 has driven increased interest from major technology brands and distributors for exhibition space at this year’s event. The country’s leading technology channel event will once again offer technology suppliers access to Russia leading retailers, e-tailers and resellers in one place at one time. DISTREE Russia will take place at Hotel Yahonty in Moscow on the 21-23rd June 2017.
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Safmar Group reshapes Russian consumer tech retail
The Russian retail channel has undergone significant consolidation in recent months. Safmar Group announced the completion of its acquisition of 100% of the investment company previously owned by Alexander Tynkovan and his partners, which, in turn, owned 57.7% of M.video, at the end of April. Safmar Retail will now become the management company for retail chains M.video and Eldorado, as well as a new online marketplace project called goods.ru.
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GameSeek picks Mirakl for marketplace push
Online marketplace management platform provider Mirakl has announced that UK online store, GameSeek, has chosen its business-to-consumer (B2C) marketplace platform. The new platform is part of GameSeek’s aim to build the biggest and best consumer marketplace for gaming, electronics, books, clothing, toys and gadgets.
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Positronica maintains Russian growth rates
Russian consumer tech and electronics retail franchise Positronica ended the first quarter of 2017 with 169 trading points. The Positronica chain, which has been developed by Russian distribution giant Merlion, added 16 new stores to its network in 2016, plus 26 additional points of presence for processing and picking up internet orders. Positronica’s sales in 2016 hit RUB10 billion (US$175m).
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AliExpress eyes Russian e-commerce potential
Online marketplace AliExpress has identified Russia as a market of significant growth potential, comparing the current levels of e-commerce development to the situation in China several years ago. The current situation with sanctions is also encouraging more brands from China, ASEAN and India to look at the opportunity to build channels in Russia. Chris Devonshire-Ellis of professional services firm Dezan Shira & Associates, stated: “AliExpress’s experience is really taking up the loose reins that the EU left dangling when they imposed sanctions on Russia. Europe will find they have no business opportunities to go back to in Russia once the sanctions are lifted.”
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E-tailer letstango.com revamps website
UAE-based e-tailer letstango.com is making a multimillion dollar investment to revamp its website, shifting to a new platform and a new design that will make browsing easier for online shoppers. Letstango.com is a member of the Dubai Chamber of Commerce and Industry (DCCI) and is now in its fourth year of operation. The company was named e-tailer of the year at the recent Middle East Retail Academy (MERA) Awards held in Dubai in conjunction with DISTREE Middle East 2017.
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