A social development organization has offered suggestions to improve the proposed Internet Transactions Act (ITA), which it said is not equipped adequately to address the problems of the local e-commerce industry.
Robinsons Retail’s DIY format Handyman Do it Best and No Brand, a franchise from EMart of Korea, are the latest brands to launch under gorobinsons.ph, an e-commerce site envisioned to serve as a virtual marketplace for all the group’s formats.
With the ongoing pandemic bringing a “broad, deep, and irreversible” shift to online for businesses and consumers, e-commerce platform Shopee has outlined three key predictions for the Philippine e-commerce market.
The Department of Trade Industry (DTI) rolled out on Friday, Jan. 29, its e-commerce roadmap, eyeing the sector to value at P1.2 trillion or sharing 5.5 percent of the economy by 2022.
Homegrown shopping site VeMeBro will be using “speed” in delivery to break the virtually duopoly controlled by industry giants Lazada and Shopee over the country’s booming e-commerce industry.
A study funded by the Asian Development Bank and conducted by state think tank Philippine Institute for Development Studies (PIDS) said regulatory frameworks must be in place to ensure that consumers are protected in the platform economy.
Shoppers spent a total of more than 420 million minutes on the platform, while consumers also launched the app an average of 7 times per day, which is twice compared to a normal day.
