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Weekly News Wrap: China offers glimpse to post-pandemic retailing; Eviction looms for Hong Kong's stores
And gold rally boosts Malaysia’s jeweler stocks.
Weekly News Wrap: China offers glimpse to post-pandemic retailing; Eviction looms for Hong Kong's stores
And gold rally boosts Malaysia’s jeweler stocks.
UNIQLO launches mask brand in Singapore
It employs a triple-layer structure, and is machine washable.
Changi Airport launches deals on online shopping platform
Flash vouchers of up to $118 can be redeemed every Monday.
Ecommerce giant Lazada reinvents online shopping through LazLive
LazLive is its in-app live streaming feature which allows users to interact in real time.
Alibaba's income doubled to $6.74b in Q2
Its China retail and cloud computing businesses boosted revenue growth.
Starbucks launches first vending machine in Thailand
Vending machines have become more common amidst safe distancing concerns.
Malaysia's retail sales jumped 13% to $1.15b in June
This was mainly driven by a 20.2% growth in the automotive fuel segment.
Weekly News Wrap: South Korea closes bars amidst virus surge; Online commerce in China on the rise
And the US mulls pressuring Chinese firms such as Alibaba.
Pandemic hastens e-commerce growth in Thailand
Fears over catching the virus drove the boom.
China's retail sales down 1.1% to $463b in July
Goods saw positive growth for the first time, but the catering sector remained weak.
Starbucks rolls out two plant-based food items in Singapore
It will be available in stores and through delivery.
Amazon expands anti-counterfeit service to Australia and Singapore
Over 10,000 brands have enrolled in its Project Zero.
Subscription services on the rise amongst South Korea's groceries
The service has helped Emart 24 boost sales of its ice cup vouchers.
Koufu Group's profits plunged 82% to $1.85m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Weekly News Wrap: SEA to see 310 million digital consumers by end-2020; China's July auto sales up 16.4%
And here are the recent shifts in India’s spending habits.
Rewards platform ShopBack launches in Vietnam
Users can earn up to 25% from merchants such as Lazada and Shopee.
Weaker sales haunt Singapore's retail sector in coming months
Tourist arrivals are unlikely to grow in the coming months.
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1. Hybrid stores reshape airport retail landscape 2. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 3. Blurring lines between online and offline retail in Asia Pacific 4. Indonesia's e-commerce market to grow by 15.5% in 2024 5. Malaysian retail sector sees 173% surge in hiring activityAwards
Jun
11