News
Asia leads in the “Sensory Stimulation” game: report
The trend is expanding in China, Hong Kong, and South Korea amongst others.
Asia leads in the “Sensory Stimulation” game: report
The trend is expanding in China, Hong Kong, and South Korea amongst others.
Weekly News Wrap: Alibaba mulls $10b fundraising for Freshippo; JD launches robotic shops in Netherlands
And Uniqlo raised prices for some products due to high production costs.
JD’s third-party sellers adopt China’s new digital currency
Changsha Qianbaizhi Food Trading was amongst the first to access e-CNY.
South Korea’s retailers boosted by private brand products
The high inflation in the country has led to a boost in sales in cheaper private brands.
South Korea’s retailers pour investment to secondhand marketplaces
The used goods market has seen rapid growth in the past decade.
CU launches 50th convenience store outlet in Malaysia
The company is targeting to open more than 500 stores in Malaysia in five years.
Sportswear demand rise as COVID-19 alert level heightened: ZALORA
It rose to 24% from 20% during the high alert period in Southeast Asia.
Shopline adds Instagram Live to smart commerce platform
In Singapore, over 40% of Shopline merchants adopted social commerce.
Australia household spending to grow 3.5% in 2022: Fitch Solutions
Recovery of consumer spending relies on the vaccination against COVID-19.
Validus, TTC Group, Do Ventures enter joint venture to help SMEs in Vietnam
The joint venture aims to expand SMEs’ credit access.
Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
What are the 10 leading technology trends?
Alibaba said these technology trends will rise in the next two to five years.
Amazon SG, Watsons partner for storefront on Amazon.sg
This will launch an extensive product range and offer free scheduled delivery.
Shake Shack to open 10 Malaysian stores by 2031
The burger stand operator is present in five Asian markets.
Coupang raises service charge to cut losses
But an analyst fears that this will fall short of reaching profitability.
JD’s Seven Fresh to open 12 stores in Southern China by end-2022
The company seeks to expand its Greater Bay Area operations, currently with eight stores.
Reliance invests $200m in quick commerce player Dunzo
The delivery company is seeking to expand its operations to 15 Indian cities.