News
Amazon Australia launches free one-day delivery
This will apply to Prime members in Melbourne and Sydney.
Over 50% of SMEs in Southeast Asia more optimistic: report
Indonesians were found to be the most optimistic.
Philippines’ Jollibee Group relaunches Japanese restaurant Yoshinoya
Yoshinoya currently has more than 2,000 locations across the globe.
Australian household spending jumps 10.2% YoY in June
Spending in categories most affected by COVID-19 is now back to pre-pandemic levels.
China leads e-commerce market across the globe: report
Sales in China’s e-commerce market were valued at $2t.
Meta to halt Facebook live shopping events
This will take effect on 1 October.
Weekly News Wrap: Fast Retailing opens GU brand store in US; India's Nykaa expects stronger demand from festival season
And leadership issues blamed for Singapore-based Zilingo’s decline.
Central Retail invests THB300m in new home improvement store
The new store offers more than 40,000 items.
Philippines’ food brand BALAI goes public
The IPO raised P203.8m.
Watsons China rolls out Health Care Zone in over 1,200 stores
The Health Care Zone will also be accessible online.
Consumer spending in Kuwait to grow nearly 7% in 2022
This is thanks to eased restrictions and low jobless rate amongst others.
Reliance Brands ‘well positioned’ to tap India’s luxury apparel market
The company recently partnered with Balenciaga amongst other high-end brands.
Open for business: TikTok Shop launches in Singapore
The in-app feature is in support of local businesses.
Reliance Brands brings Balenciaga to India
The company will be the sole India partner of the luxury brand in India.
Japanese brand GU to open first store in the US
Its pop-up store will be located in Soho, New York.
Alibaba’s net income drops 53% YoY to $3b in Q2 2022
This is affected by the decline in the income from operations, amongst others.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media