News
JD.com invests $141m to establish JD Fashion platform
It will allow thousands of brands to launch new fashion products at the same time on JD’s marketplace.
India’s e-commerce market set for 23.8% growth in 2024
The growth is attributed to increased internet access and a shift towards online shopping.
Balmain ventures into beauty with fragrance line
It will feature an eight all-gender eaux de parfum.
Amorepacific’s HERA makes Thai market debut
It will focus on core products like cushion foundations, liquid foundations, and lip tints.
Mondelēz International extends logistics partnership with GEODIS in Singapore
GEODIS will continue managing warehousing and distribution for Mondelēz in Singapore.
Australian retailers push for national approach on single-use plastics phase-out
It also calls for an “education before enforcement” approach.
Suntory Spirits to complete Hakushu Distillery renewal by September
The upgrade includes new floor malting and yeast cultivation processes to enhance whisky production.
LOTTE expands into Singapore with FairPrice Group partnership
They signed an MoU to bring Korean food and retail experiences to Singapore.
IKEA South Korea rolls out new automated fulfillment technology
This system will handle approximately 2,000 orders daily.
Australia’s luxury retail sector boosted by young consumers and tourism recovery
Millennials and Gen Z are major drivers of this growth.
Din Tai Fung to close 14 Beijing outlets
The decision was attributed to licensing issues.
42% of e-commerce purchases in Hong Kong made via alternative payments
The e-commerce market in the region grew by 10.5% last year.
Why grocery shoppers in Singapore are turning to house brands
95% of Singaporean shoppers bought house brands in the past year.
How convenience powers East Asia's e-commerce growth
China, Japan, and South Korea accounted for 87% of Asia Pacific’s e-commerce sales in 2023.
Greater Kuala Lumpur retail stock inches up 3.3% YoY in 2023
The influx of new malls is expected to intensify competition for foot traffic.
AI enhances shopping experience in China’s e-commerce
Investments in AI have pushed the industry’s value beyond $68.85b.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media