News
Central Retail’s net profit soars 124% in Q4 2021
Central Retail’s net profit soars 124% in Q4 2021
The company posted a THB2.46b net profit during the quarter.
APAC businesses lag in having skills for digital customer experience delivery
Around 80% of APAC businesses are worried about the lack of skills for digital customer experience delivery.
APAC businesses leads in customer experience investment: report
About 60% of made investment in customer experience, higher than other regions.
Vietnam’s mass grocery retail spending to grow 10.8% annually to 2026
This is due to the country’s border reopening.
APAC social ad spend rises 24% QoQ in Q4 2021: Emplifi
It rose 11% year-on-year to $2,793.12 per ad account per month.
Vietnam's mass grocery retail spending to reach $44.7b in 2022
This as the country further eases restrictions this year.
UNIQLO, Japan Tennis Association extend sponsorship agreement
The clothing retailer will supply match apparel and training wear in 2022.
Food delivery is a necessity to 60% of Hong Kongers: survey
Catering to customers’ “craving” moments is key to business growth.
Brand aggregator Grow Commerce raises $7m in seed round
The Indonesia-based company will use the funds to acquire more brands.
Weekly News Wrap: US includes AliExpress in piracy market list; Starbucks China faces public fury over “misunderstanding”
And Shein is on a hiring spree as it shifts its key assets to Singapore.
Hong Kong’s MTR rolls out rental relief to mall tenants
The amount of support will be based on the individual circumstances of tenants.
Beauty brands launch Valentine’s Day offering on Tmall
Tmall Luxury Pavilion saw 30,000 products on its platform per month last year.
JD.com donates $16m health equipment to Hong Kong organisation
The company is keeping in touch with the group to support its pandemic response.
Central Retail sees double-digit sales growth in January
This growth accelerated its CRC Retailigence strategy.
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
This was driven by the uptick brought by the peak season.
Philippines’ SM Investments lists P15B bonds
The bond offering was 3.7 times oversubscribed.
Indonesia’s e-commerce market to grow 23.8% to $30b in 2022
It is expected to reach $53.8b in 2025, according to GlobalData.
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