News

Outlet digitalization fuels Philippines’ foodservice growth

Consumers will experiment with different dining options as economy recovers.

Outlet digitalization fuels Philippines’ foodservice growth

Consumers will experiment with different dining options as economy recovers.

South Korea’s retailers brace for summer heat

Some have upgraded their cold-chain logistics system.

APAC hailed as largest F&B stores market in 2020

Globally, the market is expected to benefit from a steady economic growth.

Shinsegae and Lotte backs out from Yogiyo takeover

This leaves private equity funds competing for the food delivery app.

E-Mart 24 mulls ramping up semi-unmanned stores

It currently has 150 hybrid stores across South Korea.

What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?

The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.

KKR buys stake in India’s Vini Cosmetics for $625m

The beauty brand has 700,000 points of sales in the country.

Naver backs out of eBay Korea acquisition bid

This leaves Shinsegae as the sole bidder for the e-commerce firm.

Fire engulfs Coupang warehouse

Public outcry sparked following the death of a firefighter.

Shinsegae’s E-Mart24 expands to Malaysia

Local firm UFH plans to open 10 E-Mart24 stores in the country by the end of 2021.

Rising need for convenience boosts Australia’s foodservice

Only quick service restaurants recorded growth in 2020.

Shinsegae to acquire 80% stake in E-Mart for $3.05b

It will invest over $884.36m (KRW1t) over the next four years in warehouses.

Weekly News Wrap: Chinese consumers flock to homegrown brands; Malls closed down in India’s Maharashtra

And challenges lie ahead for Singapore’s aim to be Asia’s e-commerce hub.

Alibaba invests $1b for cloud investment across APAC

It will launch data centres in the Philippines and Indonesia.

Organised pharmacy retail on the rise in the Philippines

Manila, Central Luzon and Bicol have been the key target regions for new pharmacies.