News

French retailer Auchan sells stake in Taiwan business to PX Mart

This is part of the retailer’s move towards geographical refocusing.

South Korea’s online grocer Market Kurly mulls local IPO

The IPO is slated for the first half of next year.

Regulator greenlights E-Mart’s purchase of eBay Korea

The Fair Trade Commission believes the approval will spur competition in the retail sector.

JD bares plans to boost agri-products for Singles Day promo

The company has targeted more than 1,000 brands for this initiative.

2 in 5 Indian shoppers use digital payments for festive season spending

Furthermore, 33% consider digital payments as the most secure way to pay.

Cainiao upgrades logistics and network for 11.11 shopping festival

One upgrade involves the chartering of 300 flights from China to consumers around the world.

UOB partners with Fave to transform rewards programmes

The new UOB Rewards+ intends to make rewards more straightforward, transparent, and engaging.

8 in 10 Southeast Asians seek better food transparency: NielsenIQ BASES

SEA consumers have a growing appetite for healthy options, the research found.

Reliance Retail buys controlling stake in Ritu Kumar designer brand

This includes the purchase of a 35% stake from Everstone.

Alibaba brings sustainability into limelight for Singles’ Day festival

It is planning to slash order-related carbon emissions by 30%.

Weekly News Wrap: Alibaba’s shares rise after Jack Ma’s reappearance; Arbitrators junk Future's plea on Reliance deal

And India-based Rebel Foods will roll out 2,000 outlets across Asia in a Foodpanda tie-up.

Starbucks Korea probed over unregistered pre-paid cards

The company was criticised for hiding pre-paid charges from financial supervision.

JD brings products from six countries in Tianjin

Its national pavilions feature products from various countries to the Chinese market.

South Korea’s online brands expand to physical stores

The stores were designed to appeal to the younger generations.

Shoppertainment Live opens seven 'livestyle' studios in PH

The studios will be used for the new normal in live commerce.