News

Reliance Brands, Plastic Legno enter JV to boost India’s toy manufacturing sector

Reliance acquires 40% stake in Plastic Legno’s toy manufacturing arm.

Starbucks Korea opens first subway store in Seoul

It does not have plans to expand to more underground locations.

Two beauty brands join JD’s online platform

Armani Beauty and La Mer are bringing over 200 new products on the platform.

Alibaba’s Ele.me to roll out $75m subsidies to consumers, merchants

The company also set aside $10m in benefits for its employees.

South Korea’s retail sales grow 10.6% YoY in April

Online and offline retailers posted 11%, and 10.2% growth, respectively.

Singapore’s The Golden Duck to debut in Malaysia

Malaysians can now purchase the snack firm's products in stores.

Australian skincare market to reach $1.6b in 2026: report

This will be led by the hand and facial care categories.

Alibaba Group 2022 net income drops nearly 60% to US$9.77b

The Group linked this to decreases in market prices of its equity investments.

How Amazon Singapore helps alleviate SG SMEs’ local delivery woes

Singaporean sellers on Amazon increased 45% between 2019 and 2021.

Coty launches first-ever Chloé Fragrances e-commerce store

The digital store opening is in partnership with Lazada.

L’Oréal’s BOLD invests in Japanese beauty startup

This is the company’s first venture capital investment in Japan.

APAC social media ad spend up 8% YoY in Q1 2022

The average monthly ad spend per brand was $1,500.

J&T Express expands network to Brazil

This is the second market it entered in Latin America, following Mexico.

Jo Malone London launches flagship store on JD

The UK-based brand offers perfumes and various fragrance products.

South Korean retailers expand entertainment space on-site

A Lotte Mart outlet opened a futsal court, whilst a Homeplus store built a swimming pool.