News
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.
Singapore virtual fashion festival to be held on August
The show will present 25 homegrown labels.
Bank transfers, digital wallets spur Hong Kong e-commerce market
The two methods are rising at CAGR of 12% and 11%, respectively.
Weekly News Wrap: China's e-commerce giants bag $137b in 618 event; Japanese retail stocks surge
And Singapore’s stores are bearish about their business post-pandemic.
Opportunities flow for RTD cocktails in India
Bars and pubs have been largely kept out of the purview post-lockdown.
More APAC consumers fully adopt digital commerce: study
About 75% tap-and-go payments users will keep using contactless transactions.
Consumer confidence crucial to China's economic recovery
Households suffered a large income shock in Q1.
Amazon rolls out learning portal for Singaporean SMBs
Its interactive eLearning content offers live practice opportunities.
Two in five SEA retailers eye going digital
Retailers were urged to consider driving an omnichannel strategy.
South Korea's major retailers' profits projected to halve in Q2: poll
Korea’s No. 2 Shinsegae's profits expected to contract by 89%.
Weekly News Wrap: Virus fears drag China's retail sales; Indians still focused on essentials post-lockdown
And luxury foods in Japan take hit as restaurants struggle.
Hong Kong retailers amp up online sales capacity
However, the online penetration rates in the area still have ample room to grow.
Fashion is top e-commerce buy of Asian consumers: survey
Only Japan bucked the trend, with grocery being their top online shopping choice.
This ecommerce startup can up conversion rates for merchants
Omnichat is a messaging platform and can also monitor ecommerce movements.
Online buying to continue past pandemic in Southeast Asia
Over four in five consumers have tried new digital apps.
Malaysia's retail sales down 32.4% in April
Recreational goods and household equipment saw weaker revenues.
ASEAN's consumer demand to pick up as F&B reopens
Hardest-hit companies are expected to recover the fastest.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount