News

JD Super signs $69.7m deal with Australian beef suppliers

The move aims to cut out intermediaries and reduce prices.

E-commerce drives growth in Taiwan’s credit card payments market

Online transactions make up one-third of total card transaction value.

Li & Fung acquires UK-based Orrsum to expand hosiery, loungewear business

This is Li & Fung’s first acquisition in over ten years.

Asia’s FMCG market grows 2.8% in Q1 2025

It was driven by strong performance in food, beverages, and home care.

Rakuten India appoints new CEO

The change takes effect on 5 August 2025.

Acne Studios opens new flagship in Tokyo

The design takes cues from the city’s urban landscape.

Beauty industry adapts to lifestyle-based product use

Buyers now choose beauty products based on daily activities like work, exercise, or bedtime.

Physical stores still key to sales amidst digital shift

94% of shoppers make purchase decisions in-store.

JD Food Delivery hires 150,000 full-time riders

It also launched $278m welfare upgrade.

Retailers bet on GenAI, in-store experience

65% of plan to invest in GenAI over the next five years.

Discount retail, social commerce emerge as key growth drivers in 2025

Strong private label offerings are helping discount retailers grow.

Visa-free access drives retail sales surge in Shanghai

Easier access has led to longer stays and more shopping.

JD.com offers 9% tax refund for overseas shoppers at flagship stores

Minimum spend of $28 in a single store on the same day required.

Global brand licensing market to hit $470.6b by 2030

Companies use it to expand into new markets and product categories.