News
Coupang narrows loss to $75m in Q2
This improved from the $518m loss in the same quarter last year.
Emperador net income rises 3% in H1 amidst supply chain woes
The company reported a net income of P5.3b.
Suntory profit jumps 40% in H1
The beverage company reported a profit of JPY74b.
Philippines’ Monde Nissin core net income climbs 8.7% in Q2
Its net income amounted to P1.96b during the quarter.
Shakey’s PIZZA net income soars 18-fold in H1
Its net income after tax stood at P250m.
Amazon Australia launches free one-day delivery
This will apply to Prime members in Melbourne and Sydney.
Over 50% of SMEs in Southeast Asia more optimistic: report
Indonesians were found to be the most optimistic.
Philippines’ Jollibee Group relaunches Japanese restaurant Yoshinoya
Yoshinoya currently has more than 2,000 locations across the globe.
Australian household spending jumps 10.2% YoY in June
Spending in categories most affected by COVID-19 is now back to pre-pandemic levels.
China leads e-commerce market across the globe: report
Sales in China’s e-commerce market were valued at $2t.
Meta to halt Facebook live shopping events
This will take effect on 1 October.
Weekly News Wrap: Fast Retailing opens GU brand store in US; India's Nykaa expects stronger demand from festival season
And leadership issues blamed for Singapore-based Zilingo’s decline.
Central Retail invests THB300m in new home improvement store
The new store offers more than 40,000 items.
Philippines’ food brand BALAI goes public
The IPO raised P203.8m.
Watsons China rolls out Health Care Zone in over 1,200 stores
The Health Care Zone will also be accessible online.
Consumer spending in Kuwait to grow nearly 7% in 2022
This is thanks to eased restrictions and low jobless rate amongst others.
Reliance Brands ‘well positioned’ to tap India’s luxury apparel market
The company recently partnered with Balenciaga amongst other high-end brands.
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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 2027Resource Center
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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