News
Southeast Asia’s bubble tea spending reaches $3.66b annually
Indonesia and Thailand were the biggest bubble tea markets in the region.
Jollibee net income soars 186% in Q2 22
Its earnings reached P2.8b from P976m.
Amazon Australia goes live in new tour programme
The company now offers virtual tours of its fulfillment centre.
Castlery shortens delivery lead time by three times
This is through its partnership with logistics firm Maersk.
IKEA-anchored ‘meeting place’ begins construction in India
It is expected to open in late 2025.
Coca-Cola, Grab tie up to accelerate merchants’ digitalisation
The partnership covers six Southeast Asian markets.
Yum China seeks primary listing in HKEX
It will be dual primary listed as it is also part of the NYSE.
Central Retail net profit soars over 470% in Q2
Its net profit stood at THB1.6b.
J&T Express Singapore offers delivery to Malaysia via mobile app
Parcel delivery will take four to nine days.
Fruitas posts record net income in Q2 2022 since listing
It reached over $411,000, increasing 232% YoY.
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
Max’s Group net income skyrockets by 332% to P239.5m in Q2 2022
This is thanks to the ongoing supply chain efficiencies.
Philippines 7-Eleven reverses losses in H1
Its net income reached P890.4m in the first six months.
AllHome net profit drops 65% in H1
Its net profit declined to P222.1m, as of 30 June 2022.
Lawson net income climbs to JPY624m in Q1
This is up from JPY 393m in the same quarter last year.
Philippines’ Figaro Coffee declares P90m cash dividends
This is thanks to an over 50% net income growth in 2021.
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Awards
Jun
11