News
APAC social media ad spend up 8% YoY in Q1 2022
The average monthly ad spend per brand was $1,500.
J&T Express expands network to Brazil
This is the second market it entered in Latin America, following Mexico.
Jo Malone London launches flagship store on JD
The UK-based brand offers perfumes and various fragrance products.
South Korean retailers expand entertainment space on-site
A Lotte Mart outlet opened a futsal court, whilst a Homeplus store built a swimming pool.
The J Shop opens 4 pilot physical stores in Chinese cities
Three of the stores were jointly developed with Italian luxury retailer COSCIA.
Taobao launches AI sign language translation
The company seeks to involve and engage more deaf customers.
Weekly News Wrap: Big luxury brands fret over China lockdowns; Sea surges after higher-than-expected gaming sales
And Singapore-based Zilingo fires its CEO amidst a probe on “irregularities.”
China’s retail market not out of the woods yet for Q2
Most retailers moved into a wait-and-see mode in Q1 due to lockdowns.
Starbucks’ Russia exit opens expansion opportunities in Asia: report
Starbucks followed Mcdonald’s move to withdraw operations in Russia.
Vietnam retail sales rises 6.5% in first 4 months
Fitch Solutions noted the country already steered clear of the low base effects.
Consumer spending in Vietnam to see ‘solid’ growth in 2022
This follows a 1.8% YoY growth seen in 2021.
Philippines’ Max’s Group profit nearly doubles in Q1
Its revenue jumped by 18% to P2.17b.
Sea Limited logs37.4% YoY net loss in Q1 2022
This is due to higher operating expenses and cost of revenue.
Convenience, traceability key to a better delivery service
Customers want more delivery options and visibility in the delivery process.
India’s retail inflation to hit 6% in 2022: GlobalData
This follows the ban on wheat exports India imposed.
Atome eyes expansion in South Korea by year-end
This will make Atome the BNPL that covers the most number of markets in Asia.
Amazon Australia's solar projects in NSW start operations
The two solar farms aim to produce 392,000MWh energy yearly.
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AI prompts fearless dive into corporate reinvention
![AI prompts fearless dive into corporate reinvention]()
Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
