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Weekly News Wrap: Indian minister under fire over remarks on Tata; Alibaba responds to sexual assault charges at manager
And French retailer Carrefour launches sale of its Taiwan business.
Alibaba’s used goods trading app hits 100 million monthly users
More than 1 billion products are listed on Idle Fish every year.
Victoria’s Secret launches on JD’s platform
It launched in time to prepare for Chinese Valentine’s Day on 14 August.
JD’s Seven Fresh opens new Chengdu store
It plans to open its next store in the city in September.
7-Eleven opens store in Seoul for testing tech solutions
The store will run a facial recognition-based entry management and payment system.
South Korea’s Myeongdong shopping district suffers rising store closures
The vacancy rate in South Korea reached 6.5% for small shops in South Korea.
Uniqlo to launch its first flagship in Beijing in November
The store will have China’s first “StyleHint” social retail experience.
Weekly News Wrap: India enforcement warns Flipkart of possible $1.35b fine; China mulls $1b antitrust fine on Meituan
And Bukalapak’s shares jumped nearly 25% on trading debut.
‘Buy Now, Pay Later’ to comprise 7% of PH e-commerce transactions in 2025: UnaFinancial
The scheme is expected to reach US$843m in 2025.
Valentino Beauty opens 1st boutique in Hong Kong
It is located in Harbour City, Tsim Sha Tsui.
How can malls, retailers improve waste management?
Lendlease and WWF-Singapore recommend using technology and encouraging wider participation of customers and tenants.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
7 in 10 SEA online sellers expect growth in 3Q
52% of the 750 sellers surveyed experienced growth in H1.
Shinsegae’s vice chair on a roll with M&A
The company has recently bought an additional 17.5% stake in Starbucks Korea.
Alibaba’s Tmall hosts fashion event featuring ‘hanfu’
Livestreamer Austin Li appeared in the event in full traditional Chinese costume.
JD launches its biggest exhibit in ChinaJoy 2021
It is also upgrading its Esports platform.
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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.
