News

J&T Express eyes largest smart logistics park in Middle East

The logistics firm will be opening a regional headquarters in Saudi Arabia.

Hong Kong retail sales up 8.1% to $353b in 2021

The retail sales value, however, was 27.3% below the 2018 level.

South Korea’s e-commerce firms expand luxury goods service

SSG.com has expanded deliveries, while Lotte ON has rolled out repair services.

Japan-based Nojima expands to Malaysia

Its new store in Kuala Lumpur offers a selection of furniture, appliances, and gadgets.

Victoria’s secret sells 49% of China business for $45m

The company is forming a joint venture with Hong Kong-listed Regina Miracle.

Watsons opens first store in Qatar

The nearly 3,000 square feet store features designated zones like Natural & Clean Beauty.

Figaro Coffee seeks new growth avenues after IPO

The Philippine-based company generated P767m in proceeds.

Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry

The company plans to capture the overall market share, worth INR14.1t by 2025.

Online sellers in Southeast Asia ‘optimistic’ over 2022 outlook

74% of online sellers expect at least a 10% increase in sales, Lazada reported.

Pandamart opens 50th store in Pakistan

This was opened a little over a year after the launch of the first store.

Una Brands acquires furniture brands ErgoTune, EverDesk+

The 8-figure deal is seen to speed up its global expansion.

Lotte Group acquires entire stake in Ministop Korea for $263m

Lotte will take over 2,600 Ministop stores across South Korea.

Starbucks launches interactive experience centre in Indonesia

The centre teaches customers about Starbuck’s coffee making process.