News
Shinsegae’s vice chair on a roll with M&A
Shinsegae’s vice chair on a roll with M&A
The company has recently bought an additional 17.5% stake in Starbucks Korea.
Alibaba’s Tmall hosts fashion event featuring ‘hanfu’
Livestreamer Austin Li appeared in the event in full traditional Chinese costume.
JD launches its biggest exhibit in ChinaJoy 2021
It is also upgrading its Esports platform.
Weekly News Wrap: Haidilao deemed worst-performing HKEX stock; Qiandama picks banks for Hong Kong IPO
And Singapore’s GIC joins the consortium bidding for a UK-based Morrisons takeover.
PLQ's newest robot resident Oscar to assist mall goers
The AI-enabled robot can provide wayfinding services and admonish illegal smokers in the area.
Diebold Nixdorf executives spearhead virtual fireside chat on the next evolution in self-service retail technology
Industry experts will discuss how leveraging self-service technology can help retailer’s reach new heights with their business.
Philippine stores offer freebies to vaccinated customers
The local government called for businesses to offer such discounts and other perks.
JD’s Thailand JV rebrands with focus on customer trust
It found that four in five customers still worry that the products won’t match the offer.
Freshippo to set up distribution centre in Wuhan
The facility will come with indoor holding facilities and food processing equipment.
Men’s luxury retail stores on the rise in South Korea
Luxury brands and department stores alike are driving the trend.
Alibaba launches largest university recruitment drive in China
It is advertising 113 entry-level roles, 45 of which are open to fresh graduates.
China, India to propel APAC’s sportswear retail growth
The two markets are seeing more local brands serve a value-seeking consumer base.
India-based online store for sustainable products launched
The company makes use of checks to confirm the truthfulness of its sustainability claims.
Amazon India launches new fulfilment centre in Bihar
It can store tens of thousands of large appliance products.
Weekly News Wrap: Singaporean offline business sales plummet; Indian court dismisses Amazon, Flipkart’s plea vs. antitrust probe
And Indian food delivery startup Zomato will raise $1.26b in IPO.
‘I am not a robot’: 84% of APAC consumers abandon carts due to complex login process
55% of consumers are frustrated with long log-in and sign up forms.
Industronics launches pre-owned luxury watch trading platform
The platform can issue authenticity certificates with a team of watch appraisers.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount