News

Alibaba's Kaola Global to co-create 500 products in 2021

This comes as more users shop for specialty imports, such as juices from Cuba.

Alibaba's Kaola Global to co-create 500 products in 2021

This comes as more users shop for specialty imports, such as juices from Cuba.

Singapore's homegrown retailer Naiise closes doors after disastrous financial year

Founder Dennis Tay is expected to file for personal bankruptcy.

South Korea's SK Group buys 16.3% stake in VinCommerce

They will collaborate to invest in retail, logistics, and electronic payments.

South Korea's SK Group buys 16.3% stake in VinCommerce

They will collaborate to invest in retail, logistics, and electronic payments.

Indonesia to see retail sales recovery in Q2

The country’s consumer confidence saw a slight month-on-month uptick in February.

South Korea's supermarkets ramp up fresh-food and delivery services

GS’ one-hour delivery service saw a 457% surge in demand between December 2020 and March 2021.

Reliance Retail extends completion date of Future Retail acquisition

Amazon has formally objected to the deal, putting the transaction under dispute.

Recovery in sight for Japan's retail sales

Consumer confidence has improve, but is not yet hitting pre-pandemic levels.

Masan Group's VinMart renamed as Winmart

The company plans to expand its outlets by 30,000 stores over the next five years.

Shopee to ramp up focus on K-beauty brands

It has tied up with Amorepacific to expand it’s digital reach in Southeast Asia and Taiwan.

Alibaba fined $2.8b over anti-monopoly regulations

The company will also need to submit a compliance report for three consecutive years.

South Korea's retailers scramble to ride the live commerce wave

Online platforms such as Naver and Kakao have joined in, ahead of retailers.

CU launches first convenience store outlet in Malaysia

About 60% of its products are made up of South Korean goods.

Pinduoduo hailed as world's largest ecommerce platform

However, IGD has warned that its current business model may not be sustainable over the long term.

Alibaba to roll out Taobao Deals on Tencent's WeChat

This move may have been prompted by a tightening of antitrust regulations.