News
KKR to invest around $250m in Reliance Retail Venture
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Alibaba is APAC’s top e-commerce player
The top three leading e-commerce firms in the region were from China.
L’Oréal completes Aesop acquisition
It entered a deal with Natura &Co to purchase Aesop.
7-Eleven launches in Laos
Laos is the 20th country entered by 7-Eleven.
Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery
The platform’s users can buy close to 20,000 grocery items through the app.
Reliance Retail Ventures forms JV with clothing brand Ed-a-Mamma
Reliance will hold a majority stake in the JV.
How appliance retailers boost e-commerce sales through DTC channel
They need to understand customer needs and overcome technical challenges.
Japan’s Seven & i sells Sogo & Seibu to Fortress Investment Group unit
The company aims to focus on its convenience store businesses.
Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
It will hold a 60% share in Meko Holdings for $16.08m.
Southeast Asia’s QR Code payments to surge 590% by 2028
This is due to the cross-border interoperability within countries in the region.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
Wolverine World Wide sell Hush Puppies IP in China
It will continue to own and operate the Hush Puppies brand in other markets.
Central Retail unit’s revenue could reach $285.2m
Central Marketing Group has over 40 lifestyle brands in its portfolio.
Hong Kong average retail vacancy rate hits three-year record low in Q2
Leasing activities recover as Hong Kong’s retail sector continues to improve.
Overall retail vacancy in China’s 16 major markets down to 11.01% in Q2
Brands are opening their first stores or are accelerating their expansion in China.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
E-commerce platform Temu launches in the Philippines
Temu will have to compete with e-commerce giants such as Shopee and Lazada.
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