News
HKEX-listed Cafe de Coral plans China expansion
It is looking to penetrate residential areas in Tier 1 cities.
HKEX-listed Cafe de Coral plans China expansion
It is looking to penetrate residential areas in Tier 1 cities.
California Pizza Kitchen opens Hong Kong restaurant
It is looking to open four locations in the city by end-2022.
Coupang launches $195m distribution centre in Busan
It is expected to be completed by 2024.
Lenovo Lecoo’s stores will go online with Dada’s JDDJ
Lecoo aims to launch 600 stores in the coming year.
South Korea’s bakeries rapidly expands to foreign markets
For instance, Tous Les Jours is selling two to three times more than competitors.
South Korea’s TV commerce firms foray into live broadcast
The country’s live commerce market has been growing at a rapid pace.
Domino’s buys stake in Taiwan operations
It plans to expand to 400 from 138 stores in the market in the long term.
India’s retail recovery tipped to extend to 2022
Real household spending is not expected to hit pre-pandemic levels by 2021.
Shinsegae-led consortium wins eBay Korea bidding
This will mark the largest M&A deal in the country in H2 2021.
Sa Sa International to close 15-20 Hong Kong stores
It will have 38 retail leases expiring by March 2022.
Dada Group’s JDDJ clinches tie-ups with 30 supermarkets
It has also expanded its one-hour shopping service to lower-tier cities.
Coupang expands to Japan with SoftBank backing
It is testing its delivery service in selected locations in Tokyo.
Weekly News Wrap: Alibaba’s Jack Ma lying low; Flipkart and Amazon challenges India’s antitrust probe resumption
And Bukalapak seeks $800m in an IPO.
Alibaba ranks first in Top 100 APAC Retail Ranking 2021: study
The Asia Pacific region recorded a double digit-growth in e-commerce in 2020.
Indonesia leads SEA in rising online technical consumer goods sales
Online sales of technical consumer goods in the region rose to 43% in Q1.
SK Telecom denies selling 11Street stake to Amazon
There are currently plans for Amazon products to be directly purchased in 11Street.
South Korea’s e-commerce firms ramp up OTT patforms
Coupang and Naver are looking to keep customers active on the platform.