E-commerce
Harbin is China's most popular destination for retail, travel
Harbin is China's most popular destination for retail, travel
The winter season in the city experienced a 100 times growth in travel and shopping.
Coupang extends support to SMEs with support to local communities
Programmes that support SMEs include the “Good Store” webpage and private label brands.
Thai beauty e-commerce platform Konvy bags $11m for SEA expansion
The online beauty store features over 20,000 products.
How consumers use food delivery apps beyond ready-to-eat meals
They also use food delivery apps for groceries and gift shopping, amongst others.
Shopee is top e-commerce platform amongst Indonesian TikTok shop users
It is followed by Tokopedia and Lazada.
How can retailers thrive in the omnichannel landscape?
Personalisation and consistency, amongst others, remain crucial in the omnichannel strategy.
7 trends that shape the retail industry
Brands continue to set their footprint across channels, and are adopting AI and sustainability, amongst others, in their operations.
Deliveroo grows on-demand grocery service with new Deliveroo Hop site in Tuen Mun
Around 65% of Tuen Mun have claimed that they will rely more on grocery delivery services.
New York-based Fresh2 Group acquires food e-commerce platform Youfood Group Inc.
The acquisition will help broaden Fresh2’s network over Asia and South America.
Korea-based single-price shopping app Pocket PangPang launches in Thailand
The single-price mobile shopping platform offers items priced over $6.
Alibaba CEO Eddie Wu to lead Taobao and Tmall Group
Wu will also serve as head of Alibaba Cloud.
Retail in South Korea grows 8.7% in November
Offline sales saw a 4.5% increase, while online sales grew by 12.7%.
Coupang to acquire online luxury firm Farfetch
It will provide $500m capital to support Farfetch’s operations.
REP Fitness sets expansion in the Philippines through TheRack.Co
Demand for gym equipment and fitness items is growing in the Philippines.
Rakuten Seiyu Netsuper, Inc. to be become a subsidiary of Rakuten
Services under Rakuten Seiyu Netsuper will remain unaffected yet improved.
Coupang plans to acquire Farfetch Holdings
It will drive expansion to South Korea, the world’s highest spender in personal luxury goods.
Commentary
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