News
Alibaba invests $4.8b in share repurchase program to boost shareholder returns
Alibaba invests $4.8b in share repurchase program to boost shareholder returns
The group also acquired 1.249 billion ordinary shares, totaling $12.5b for fiscal year 2024.
Nearly 9 in 10 APAC consumers prioritise health and well-being
Over 50% are willing to boost out-of-pocket healthcare spending for improved outcomes, experiences, and efficiency.
Shopee remains leading online marketplace in Malaysia
Around 7 in 10 Shopee users in Southeast Asia spent 30 minutes a day using the app.
Half of global shoppers willing to pay return fees for international purchases
Gen Z demonstrated a 1.7 times higher likelihood of accepting fees compared to baby boomers.
Local flavours and natural remedies define trending Thai cuisine: Mintel
Around 3 in 5 Thai consumers prefer food with high nutritional content.
4 in 5 APAC consumers demand authentic representation
Brands are urged to ensure inclusivity across all retail touchpoints to drive engagement.
APAC consumers navigate cost of living crisis with value-hacking
Businesses are encouraged to adopt new strategies that offer smarter buying choices.
Carousell Group acquires LuxLexicon to boost luxury segment
The group’s luxury bag category listings have grown monthly by 71% in the past two years.
American-based spirits brand Brown-Forman enters Japan market
Brown-Forman previously entered the market in the 1970s.
7-Eleven International completes $1.1b acquisition of 7-Eleven Australia
The agreement adds over 750 stores in Australia to 7-Eleven International's global portfolio.
Restaurants revive snacking out with new menu items aimed at Gen Z consumers
Around 43% of consumers have been snacking daily or frequently within a week.
Gen-Z favours quality over brand origins: JD chief economist
Advanced digital supply chains offer brands deep insights into consumer behaviour, he said.
Rakuten launches ‘Service Inclusion’ initiative to promote diversity in services
It introduced the "Inclusive Salon Project" as an initial effort, providing customer service guidance for LGBTQ+-friendly beauty salons.
Swee Lee unveils new music lifestyle store in Clarke Quay
Highlights of the store include dedicated spaces for product demos, lounging, and listening to vinyl records.
GreenCorp acquires Emad Bakeries to strengthen food investment platform
The acquisition is expected to strengthen GreenCorp's investments in food processing operations.
Southeast Asia's coffee and tea shop sales surge to $4.4b
Singapore was seen by some coffee chains as a strategic hub for their international ventures in the coffee industry.
Privatisation move for Isetan Singapore underway
Isetan Mitsukoshi will acquire 19,500,000 shares in Isetan Singapore for $140m.
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1. Global coffee shop market set to hit $290.23b by 2032 2. FairPrice AI trolleys trigger 80% surge in shopper spend 3. Tim Ho Wan doubles restaurants in Hong Kong following Jollibee acquisition 4. Primark UAE entry begins with three Dubai stores in 2026 rollout 5. New Balance expands presence in Kuwait with new concept storeResource Center
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The festive season is a revenue moment – don't let friction or fraud derail it
All that glitters: Is luxury losing its shine, or finding a new one in Asia?