News
Shopee is top e-commerce platform amongst Indonesian TikTok shop users
Shopee is top e-commerce platform amongst Indonesian TikTok shop users
It is followed by Tokopedia and Lazada.
Deliveroo grows on-demand grocery service with new Deliveroo Hop site in Tuen Mun
Around 65% of Tuen Mun have claimed that they will rely more on grocery delivery services.
New York-based Fresh2 Group acquires food e-commerce platform Youfood Group Inc.
The acquisition will help broaden Fresh2’s network over Asia and South America.
FairPrice to provide return vouchers to bolster government's CDC support package
FPG will supply S$8 in return vouchers for every single transaction at any FairPrice store.
Hermès expands China footprint with new Wuxi store
The 34th store in China presents a unique architecture referencing the landscape of the region.
Norway-based jewellery retailer Tom Wood enters Asian market with Tokyo flagship store
The store employs a contemporary and minimalist style for a cutting-edge customer experience.
Nearly half of SHEIN users are unfamiliar of circularity, despite popularity
62% of respondents revealed to be using the same SHEIN items over 10 items.
IKEA uses AI-improved demand sensing technology for accurate customer data
Demand sensing has seen success in IKEA from its pilot in Norway last 2020.
Jollibee increases stake over Tim Ho Wan brand
Jollibee Worldwide’s participating interest grew to 92%.
Korea-based single-price shopping app Pocket PangPang launches in Thailand
The single-price mobile shopping platform offers items priced over $6.
The Body Shop becomes the first beauty brand with 100% vegan product formulations
All products have been certified by The Vegan Society.
CHARLES & KEITH introduces first exclusive showroom at new Japan flagship store
The new exclusive showroom will feature the brand’s new products to media and celebrities.
Alibaba CEO Eddie Wu to lead Taobao and Tmall Group
Wu will also serve as head of Alibaba Cloud.
Retail in South Korea grows 8.7% in November
Offline sales saw a 4.5% increase, while online sales grew by 12.7%.
Shiseido to purchase Dr. Dennis Gross Skincare brand
The beauty brand will add to Shiseido’s robust prestige beauty portfolio.
Domino’s Pizza expands China franchise with 10 new stores
DPC Dash reaches a milestone with openings in Xiamen, Yangzhou, and other mainland cities.
Authentic Brands to bring Boardriders business to Japan and Taiwan
Several known brands under Boardriders include Quiksilver, Billabong, Roxy and Element.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media