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Philippines-based SariSuki bags $7.1m in funding round
Philippines-based SariSuki bags $7.1m in funding round
The company is aiming to build an e-grocery platform in the country.
JD-controlled JV pairs with CNSC to boost duty-free business
The JV with Lagardere Travel Retail also seeks to expand their duty-free operations.
Alibaba ramps up benefits for employees
Employees could have seven days paid family care leave per year.
Alibaba’s Ele.me sets aside $3.2m to cut commission on merchants
The subsidy allows reduced commission for covered merchants for at least 15 days.
Reliance invests majority stake in clothing brand Abraham & Thakore
The brand focuses on bringing a modern, unconventional take on Indian handlooms.
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
And the founder of China’s Haidilao has stepped down as CEO.
Singaporean shoppers don’t skip ads: survey
Most shoppers click on ads and buy products, Criteo found.
AllDay rolls out first ‘smart carts’ in its Philippine stores
This gives consumers more autonomy in shopping in-store.
More than 60% of older consumers in SG still shop want in-store
This is even as more Singaporeans purchase in-app.
Consumer spending in Indonesia to see ‘solid growth’ in 2022
This comes as Indonesia further eases pandemic-related restrictions.
Zalora label enters Indian market in Myntra partnership
It will offer some 5,000 options on Myntra from its portfolio.
Cosmetics brand Etude House stops offline Singapore operations
The company will be operating in Singapore purely online.
JD Worldwide to bring over 100 European brands in one store
The company has tied up with UK-based Barclay Street to open an online flagship store.
Jewelry brand Qeelin launches on JD’s platform
The company is bringing three new series of jewelry on the platform.
Weekly News Wrap: Hong Kong rolls out support for small retailers; Reliance Industries takes over 200 stores from Future Group
And China’s Shein has put on hold its US IPO amidst the crisis in Ukraine.
Vietnam’s grocery sector boosted by border reopening
The country’s tourism spending is expected to start recovering this year.
Central Pattana invests $3.7b for business, sustainability
The company is aiming to open 50 shopping centers and 16 community malls.
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