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Shinsegae’s Emart set to exit Vietnam
Shinsegae’s Emart set to exit Vietnam
Local firm THACO likely bought a full interest in the company.
South Korea’s e-commerce firms expands return services
Shinsegae’s platform saw a 40% sales rise after two-week free return events.
APAC to lead global footwear retail market growth
Retailers are urged to consider opening new stores in smaller cities and towns.
GCH Retail to open 11 small format stores in 2021
It currently has 11 Giant Mini stores.
JD rolls out resources for 618 Grand Promotion
It will provide traffic flow resources worth $78m to offline stores.
Weekly News Wrap: Tata buys majority stake in BigBasket; Jessica Liu departs as Lazada president
And SEA’s e-commerce market could grow $280b with more women entrepreneurs.
IKEA India invests in store openings and digital initiatives
The growing popularity of online furniture shopping will offer a boost for the retailer.
Dairy Farm rolls out Deliveroo delivery in Singapore stores
Shoppers can expect products to arrive at an average of 32 minutes.
Great Singapore Sale 2021 partners with Lazada
The sale will kick off on 6 June in time with Lazada’s 6.6 sale campaign.
JD upgrades chatbot’s function for merchants
It includes a beta light version for SMEs and a plan for a "618" sale.
Competition intensifies in South Korea’s home shopping firms
CJ OnStyle and GS Shop are ramping up their live commerce shows.
Competition heats up in South Korea’s retail M&A
eBay Korea’s acquisition might come out cheaper due to ‘winner’s curse’.
Tokopedia merges with Gojek to form GoTo Group
Gojek’s Andre Soelistyo will lead the new group.
Weekly News Wrap: Indian jewelers shut stores on key holiday; Meituan shares slump over controversial post
And Chinese grocery app Dingdong Maicai raises $330m in D plus funding round.
Alibaba’s Tmall to transfer key teams to new Shanghai hub
Its beauty and sports and outdoor departments will be amongst the first to move.
Thailand restricts operating hours for retail stores
Shopping malls in areas at risk of COVID-19 have been ordered to close by 8:00pm every day.
India’s e-commerce firms ramp up hiring
BigBasket and Flipkart are two of the biggest names that have been impacted by the rise of COVID-19 across India.
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