News

Ha Noi’s retail sales up 9.3% in Q1 2024

This growth outpaced the national average increase of 8.2% in Vietnam’s retail sale.

Ha Noi’s retail sales up 9.3% in Q1 2024

This growth outpaced the national average increase of 8.2% in Vietnam’s retail sale.

Sephora cuts 10% of staff in China

Over 4,000 employees in China are impacted.

Walmart sells $3.7b stake in JD.com to focus on China ops

Walmart said it is shifting its focus to its own operations in China.

7-Eleven parent receives buyout proposal from Couche-Tard 

No decision has been made yet on whether to accept, reject, or discuss the proposal.

Alibaba to adjust e-commerce strategy to enhance merchant terms

Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.

Why creator economy is crucial for today’s digital marketing

Influencer marketing is generating the most revenue.

Mars to acquire Kellanova for $35.9b

The acquisition will enhance Mars' existing portfolio.

Carbonated soft drink sales expand in Thailand

This is driven by the country's warm and humid climate.

Sustainable packaging struggles in Asia amidst inflation

Economic uncertainty will likely continue to challenge sustainable packaging efforts in the future.

What’s driving growth in Asia’s FMCG sector in 2024?

Beverages led the growth with a 9.2% increase in value sales.

Singapore emerges as key gateway to Southeast Asian market

Many Chinese companies are choosing Singapore as a key base for international expansion.

Here are three key opportunities for global eyewear market growth

Eyewear companies are urged to embrace technology and enhance affordability.

Will boosting consumer spending ease China’s economic slowdown?

The nation aims to cut reliance on manufacturing and boost its economy.

Q-commerce set to disrupt Indian food delivery market

Q-commerce's promise of hyperlocal, speedy service is becoming a game-changer in the industry.

Digital retailing market to grow by $1.87t by 2028

This growth is driven by the surge in social media and the shift from traditional to digital advertising.

Asia-Pacific's retail sector continues its post-pandemic recovery

The rise of e-commerce helped Asia-Pacific retail rebound.

Malaysia’s 99 Speed Mart launches $702.9m IPO

It is offering up to 1.43 billion ordinary shares on the main market.