News
Starbucks’ Russia exit opens expansion opportunities in Asia: report
Starbucks followed Mcdonald’s move to withdraw operations in Russia.
7 hours ago
Starbucks’ Russia exit opens expansion opportunities in Asia: report
Starbucks followed Mcdonald’s move to withdraw operations in Russia.
7 hours ago
Vietnam retail sales rises 6.5% in first 4 months
Fitch Solutions noted the country already steered clear of the low base effects.
1 day ago
Consumer spending in Vietnam to see ‘solid’ growth in 2022
This follows a 1.8% YoY growth seen in 2021.
1 day ago
Philippines’ Max’s Group profit nearly doubles in Q1
Its revenue jumped by 18% to P2.17b.
4 days ago
Sea Limited logs37.4% YoY net loss in Q1 2022
This is due to higher operating expenses and cost of revenue.
4 days ago
Convenience, traceability key to a better delivery service
Customers want more delivery options and visibility in the delivery process.
4 days ago
India’s retail inflation to hit 6% in 2022: GlobalData
This follows the ban on wheat exports India imposed.
5 days ago
Atome eyes expansion in South Korea by year-end
This will make Atome the BNPL that covers the most number of markets in Asia.
5 days ago
Amazon Australia's solar projects in NSW start operations
The two solar farms aim to produce 392,000MWh energy yearly.
5 days ago
Starbucks Korea vows to recycle all coffee grounds by 2027
Coffee grounds were reclassified as recirculation resources last March.
6 days ago
Rakuten connects loyalty program with Japan Airlines
Rakuten Points can be mutually exchanged with JAL Miles.
6 days ago
AllDay Supermarket profit climbs 33% in Q1 despite Omicron threat
Its net profit stood at P95m (approx. US$1.8m), up from P71m (US$1.3m).
6 days ago
JD revamps fashion business towards omnichannel format
The online channel mainly focuses on young consumption groups.
Weekly News Wrap: Luxury brands navigate Shanghai lockdown; Amazon slams Reliance takeover of Future stores
And fast-fashion retailer Shein is seeing a slowdown in growth.
Pandora to build crafting facility in Vietnam
The jewellery brand will invest $100m for the building of the new facility.
India’s Big Bazaar maintains lead with boost from young shoppers, online investments
GlobalData reported that 59% of Indian consumers shop at Big Bazaar.
Coupang profit soars 42% YoY in Q1 2022
Its revenue rose 22% YoY, whilst its losses improved by 29% YoY.