GlobalData
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Shein’s market share rise to 2.2% due to high sales in the UK
It is the 14th largest apparel retailer in 2022, with a 1.7% market share.
4 days ago
Shein’s market share rise to 2.2% due to high sales in the UK
It is the 14th largest apparel retailer in 2022, with a 1.7% market share.
4 days ago
Asian food makers expand functional offerings to bakery and savoury snacks
The bakery and cereals market is valued at US$2.4b.
Wearable tech sector revenue to grow $290b by 2030: GlobalData
The industry is set to expand at a compound annual growth rate (CAGR) of 14.3%.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
China will remain the leading e-commerce market: GlobalData
It will achieve $2.2t of e-commerce market sales by 2030.
Retail sector amongst leading GenAI talent recruiters
Amazon.com has a job posting for Machine Learning Architect.
Alternative payment methods maintain growth in Singapore’s e-commerce market
It accounted for 38.6% of the total payments.
South Korea’s e-commerce market to exceed $160b in 2027
It is backed by increasing consumer confidence and smartphone penetration.
How APAC’s foodservice sector drives towards sustainability
They turn to local sourcing and minimising food waste, amongst others.
Alternative payment to account for 34.1% of Australia’s e-commerce payments
Payment cards will dominate e-commerce payments in 2023.
How GenAI supports retailers communication channels
GenAI can help retailers provide a personalised customer experience.
Malaysian baby food market could be target for plant-based food makers: report
This is due to the increasing population of the country.
Health and beauty industry in APAC to grow 4.7% annually
This is largely driven by improving macroeconomic conditions amongst others.
Pride month campaigns should come with ‘active’ LGBTQ+ support
Logo changes are perceived as “shallow” publicity stunt.
Proposed tax hikes could hurt no-alcohol beer in Thailand
A tax hike on no-alcohol beer is being considered to discourage attracting novice drinkers.
Top 25 global retailers post 7.1% revenue growth despite economic woes
GlobalData linked this to the pandemic-driven shift in shopping habits.
Mobile wallets gradually displaces traditional payments in India: report
Payments through mobile wallets are expected to rise by 23.9% annually until 2027.