GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Philippine e-commerce market to surge by 19.6% in 2024
Increasing consumer preference for online shopping and robust internet penetration are driving this growth.
Over 7 in 10 consumers opt for secondhand items to save money
Retailers are urged to prioritise quality and innovate to attract consumers.
63% of Japan's online transactions used payment cards in 2023
Credit and charge cards also held a 60.8% share.
ASOS partners with Reliance Retail to tap into India's fashion market
The deal includes ASOS's first exclusive brand stores in the country.
Indonesia implements non-halal labeling for cosmetics
About 44% expressed the need for personalised offerings that align with their cultural background.
Int’l celebrity beauty brands eye India amidst rising image consciousness
About 57% of Indian consumers are very or quite likely to purchase beauty products recommended by celebrities.
Demand for convenient and sustainable packaging in Vietnam increases post-pandemic
The shift fuels eco-conscious consumerism, creating opportunities for brands to adopt innovative packaging.
Payment cards lead online purchases in Taiwan
About 94% of Taiwanese consumers engaged in online shopping over the past six months.
Consumer goods companies must embrace AI or risk failure: GlobalData
The reality of adopting AI involves tangible financial and security risks.
South Korea's e-commerce market hits $115.1b in 2023
It is projected to reach $125.6b in 2024.
Payment cards dominate NZ market with 57% share in 2023
It was driven by the country's technological infrastructure, ensuring fast internet and secure payments.
Indonesia's e-commerce market to grow by 15.5% in 2024
It was driven by increased internet and smartphone use, rising incomes, and secure online payment options.
Plant-based dairy demand surges in Malaysia
It is mainly driven by dietary restrictions, vegan or vegetarian lifestyles, and health concerns.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Malaysia's e-commerce market to grow by 12.8% in 2024
Alternative payment methods accounted for 35.7% of e-commerce transactions in 2023.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
