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Weekly News Wrap: Burner phone sales surge in Hong Kong's shops; Coupang surges to $109b in US debut
Weekly News Wrap: Burner phone sales surge in Hong Kong's shops; Coupang surges to $109b in US debut
And US-based Gap mulls sale of its China business.
SEA e-commerce sites web traffic increased amidst COVID-19: study
Singapore saw the most surge in web traffic in 2020 at 35%.
SM Supermalls keeps doors open amidst pandemic, to launch more 'smart cities' and e-commerce channels
It also reached out to displaced jeepney and tricycle drivers to facilitate delivery of orders to far-flung locations in the Philippines.
HULA to open second retail space in Hong Kong
It will feature over 500 unique designer womenswear pieces.
Skill realignment highest priority in retail industry: survey
Upskilling, cross-skilling, or reskilling is the biggest challenge over the next months.
Muji to ramp up grocery business in new stores
The company intends to open 50 new stores by August 2022.
FJ Benjamin, Lazada Singapore partner to boost online-offline sales
The brands have signed a memorandum of understanding.
Cosmetics on the rise for South Korea's convenience stores
Such stores in business districts saw a 226% leap in cosmetics sales.
APAC dominates global electronics stores market in 2020
The global market saw a total revenue of $982b during the year.
South Korea's online shopping sites compete over swift delivery
Platforms such as Naver and 11st are rolling out same-day delivery services.
Central Retail launches new bookstore concept
Now under Central Retail, the new store concept of B2S features a 'book cave'.
Traditional groceries remain critical in China's rural areas: report
Nearly half of China’s grocery sales go through traditional trade.
Don Quijote operator buys US-based supermarket chain
The deal is expected to close in Q2.
Weekly News Wrap: Suning's shareholders to sell 20%-25% stake; Tim Hortons China to add over 200 shops in 2021
And Reliance Retail’s Mukesh Ambani was hailed as the wealthiest man in Asia.
Weekly News Wrap: China's e-commerce firms fight against looming food crisis; Amazon revealed to dodge Indian regulators
And community grocery app Xingsheng Youxuan bags $2b in funding round.
Shopee, Amorepacific sign memorandum to boost K-beauty growth
The memorandum also aims to strengthen regional partnership between the two parties.
Tata's backing offers competitive edge for India's BigBasket
The conglomerate is in the final stages of buying a 60% stake in the retailer for $1.3b.
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1. lululemon opens flagship store in Seoul 2. Nestlé Purina PetCare triumphs at FMCG Asia Awards 2025 with product launch distinction 3. Edition opens first standalone Singapore store at Raffles City 4. FairPrice Group honoured at FMCG Asia Awards 2025 for homegrown excellence 5. 86% of Southeast Asian consumers shop actively in online mallsResource Center
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The retailer strengthened consumer trust through value-led campaigns and innovative launches.
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This 11.11, the real battle lies in shopper confidence – not the biggest discount