News

Over 80% of Chinese consumers now consider wellness a top priority

85% said they purchased more in the healthy-aging category.

Competition for ultra-fast food delivery in India fiercer as demand grows

However, challenges include maintaining food quality during expedited deliveries.

ASEAN-6's e-commerce export revenue to reach US$30.4b by 2028

However, 90% of MSMEs lack understanding of foreign export regulations.

IKEA’s expansion to New Zealand on track for 2025 opening

It will be IKEA’s first new market since 2020 when it opened in Slovenia.

Alibaba to sell department store unit for $1.3b loss

The sale will result in a $1.3b loss as Alibaba shifts focus back to its core e-commerce business.

Over half of Mainland China’s luxury shoppers to increase purchases in 2025

In Hong Kong, only 48% of luxury consumers share the same sentiment.

Global soft drinks industry up 3% in 2024

The growth, whilst steady, was tempered by higher pricing across key markets.

Deliveroo launches ‘Deliveroo Shopping’ in HK

This expands Deliveroo’s offerings, providing consumers with a wide range of products.

Endeavor Philippines helps e-commerce entrepreneurs with mentorship, funding

It aims to create a lasting impact on the country's entrepreneurial ecosystem. 

Boxed chocolates, educational toys to lead holiday sales in 2024

Boxed chocolate assortments are set to reach $23.9B this year.

Penshoppe Group names new CEO

She succeeds Bernie Liu, who has been CEO since 1996.

Charles & Keith opens flagship store in Shibuya, Tokyo

It was designed by David Chipperfield Architects Milan.