China
Airwallex closes Series B fundraising with US$80m
International payments company Airwallex recently announced the successful completion of its Series B fundraising. The company has now secured US$80 million from venture capital investment, taking their total fundraising to US$102 million.
Airwallex closes Series B fundraising with US$80m
International payments company Airwallex recently announced the successful completion of its Series B fundraising. The company has now secured US$80 million from venture capital investment, taking their total fundraising to US$102 million.
Starbucks, Alibaba Group to transform the customer experience in the coffee industry in China
Starbucks Coffee Company and Alibaba Group Holding recently announced a deep, strategic New Retail partnership that will enable a seamless Starbucks Experience. Collaborating across key businesses within the Alibaba ecosystem, including Ele.me, Hema, Tmall, Taobao and Alipay, Starbucks announced plans to pilot delivery services beginning September 2018, establish “Starbucks Delivery Kitchens” for delivery order fulfilment and integrate multiple platforms to co-create a virtual Starbucks store – a more personalised online Starbucks Experience for Chinese customers.
Hong Kong mall hosts multi-brand lipstick exhibition and interactive pop-up
Who knew lipstick could be a tool for creating art? Shopping mall Harbour City recently invited American lipstick artist Alexis Fraser, better known as Lipstick Lex, to hold her first solo exhibition in Hong Kong where she planted over ten thousand kisses to make a new work of art titled Victoria Harbour Sunset.
Colour a pivotal element that influences 50%-85% of consumer purchasing decisions
Effectively integrating colour into product design and brand strategy is essential for building a strong brand and product identity.Colour is the most important design element to attract consumer attention and create a mood, influencing 50%-85% of consumer product purchasing decisions. This is according to a presentation by colour systems provider Pantone at a recent seminar organised by the Hong Kong Trade Development Council (HKTDC).
Alibaba launches ‘Malaysia Week' in China
Alibaba Group has announced the launch of ‘Malaysia Week’, a special online promotion initiative that seeks to attract Chinese consumers to buy all-things Malaysian from the 6-12 July this year.
Starbucks' inaugural China Investor Conference highlights accelerated store growth
Starbucks Corporation recently presented the company’s key drivers that will fuel China’s market growth over the next five years at its first-ever China Investor Conference.
CapitaLand sets world record for Raffles City Chongqing
Singapore-based real estate company CapitaLand has written a new world record as it embarks on the complex crowning process for Raffles City Chongqing, the 1.12 million-sqm urban district located on Chongqing’s famed Chaotianmen riverfront.
UNCTAD, Alibaba Business School kick off eFounders Initiative for Asian entrepreneurs
The United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School recently enrolled the first class of 37 Asian entrepreneurs for the eFounders Initiative at an opening ceremony held on the Alibaba campus in Hangzhou, China.
35,000 North American merchants now accept Alipay
Alipay, a digital payment platform operated by Ant Financial Services Group and commerce-enabling technology provider First Data, recently announced an expanded partnership that adds 35,000 merchants to the growing roster of businesses accepting Alipay in store.
Schenker Jinbei Logistics opens Shenyang-Tiexi Logistics Center
Schenker Jinbei Logistics (SJL), the joint venture between DB Schenker and Jinbei Automotive, officially celebrated the opening of its multi-user facility in Shenyang, China recently.
Bestseller improves business intelligence and innovation with Centric Software
Product lifecycle management (PLM) software provider Centric Software recently announced the release of a success story video about its customer, clothing and accessories company Bestseller.
Tencent, JD.com, Vipshop announce equity investment
Tencent Holdings, JD.com and Vipshop Holdings recently jointly announced that investment holding conglomerate Tencent and Chinese e-commerce company JD.com have entered into definitive agreements with Vipshop, an online discount retailer for brands in China, such that Tencent and JD.com will invest approximately US$863 million in cash in Vipshop at the closing of the transaction.
New Starbucks Roastery in China offers digital experience
Starbucks Reserve Roastery in Shanghai opened recently -- culminating in Starbucks most ambitious project ever. The world’s second Starbucks Roastery is created three years after the inaugural Seattle Roastery and it a multi-sensory coffee experience in an interactive coffee and retail destination, according to the company.
Strengthening cross border e-commerce across the Belt and Road
Singapore-based software solutions provider Y3 Technologies has signed a Memorandum of Understanding (MoU) with Aerospace Digitnexus Information Technology (Shenzhen) Limited, a subsidiary of China Aerospace International Holdings, and Singapore cloud-tagging solutions provider veriTAG to advance the developments in the Belt and Road cross border e-commerce by establishing an ASEAN-China supply chain system to fulfil cross-border e-commerce deliveries.
Chinese commercial giant Suning reveals future of Smart Retail
Suning, China's second largest non-state-owned enterprise by revenue, recently published a White Paper uncovering the future of Smart Retail.
Driving change through innovation and transformation
As retailers strive to stay relevant and serve the needs of evolving customer demands, the recent Asia-Pacific Retailers Convention and Exhibition (APRCE) provided a platform to examine creative strategies to give customers an engaging shopping experience, as Muneerah Bee discovers.
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Consumers’ growing disloyalty to brands requires stronger omnichannel strategies
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Retailers need to be present everywhere as a new breed of ‘zero consumers’ prefers to explore, says analyst.
Retailers need to be present everywhere as a new breed of ‘zero consumers’ prefers to explore, says analyst.
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