News

JD.com unveils ’10 Billion Growth Plan’ to bring 1,000 global brands to China

It aims to help brands achieve a combined sales increase of $1.39b.

Kolmar Korea opens second US factory to expand K-beauty, avoid tariffs

It is part of the brand’s strategy to minimise supply chain risks.

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.