News
Brand aggregator Grow Commerce raises $7m in seed round
The Indonesia-based company will use the funds to acquire more brands.
Brand aggregator Grow Commerce raises $7m in seed round
The Indonesia-based company will use the funds to acquire more brands.
Weekly News Wrap: US includes AliExpress in piracy market list; Starbucks China faces public fury over “misunderstanding”
And Shein is on a hiring spree as it shifts its key assets to Singapore.
Hong Kong’s MTR rolls out rental relief to mall tenants
The amount of support will be based on the individual circumstances of tenants.
Beauty brands launch Valentine’s Day offering on Tmall
Tmall Luxury Pavilion saw 30,000 products on its platform per month last year.
JD.com donates $16m health equipment to Hong Kong organisation
The company is keeping in touch with the group to support its pandemic response.
Central Retail sees double-digit sales growth in January
This growth accelerated its CRC Retailigence strategy.
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
This was driven by the uptick brought by the peak season.
Philippines’ SM Investments lists P15B bonds
The bond offering was 3.7 times oversubscribed.
Indonesia’s e-commerce market to grow 23.8% to $30b in 2022
It is expected to reach $53.8b in 2025, according to GlobalData.
Swiggy, Zomato to benefit from BNPL: GlobalData
Indian consumers were still opting for convenience and ordering food online.
South Korea retail sales show sign of recovery: report
Fitch noted the country posted growth as high as its pre-pandemic levels.
1 in 5 Australian SMB owners unsure where to start global expansion
They are seeking support in local taxation advice and international marketing.
1 in 3 SMBs in Australia eye international expansion: study
The study found most SMBs are interested in reaching North American customers.
Consumers in UAE remain optimistic despite Omicron variant
This was supported by the Dubai Expo and the increasing economic activity.
South Korea household spending to rise by 3.4% in 2022
Consumer spending will exceed pre-pandemic levels, according to Fitch Solutions.
Central Retail, Kerry Express launch Kerry XL
Kerry XL will address concerns such as long waits and high delivery cost.
L’Oreal sees over 17% sales growth in North Asia
Sales reached €9.86b in December 2021.
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Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
