Stores
Weekly News Wrap: India enforcement warns Flipkart of possible $1.35b fine; China mulls $1b antitrust fine on Meituan
Weekly News Wrap: India enforcement warns Flipkart of possible $1.35b fine; China mulls $1b antitrust fine on Meituan
And Bukalapak’s shares jumped nearly 25% on trading debut.
Metro reinvents department store shopping anew
It won the Department Store of the Year - Singapore Award for its efforts.
Shinsegae’s vice chair on a roll with M&A
The company has recently bought an additional 17.5% stake in Starbucks Korea.
Weekly News Wrap: Haidilao deemed worst-performing HKEX stock; Qiandama picks banks for Hong Kong IPO
And Singapore’s GIC joins the consortium bidding for a UK-based Morrisons takeover.
South Korea’s food industry bolsters offerings to golfer
Golf courses in the country have been surging in popularity since the pandemic.
China’s Midea Group opens first Israel store
The 350-sq. m. store is located in a shopping mall in Rehovot.
South Korea’s Shilla Duty Free to expand in China
It will set up a joint venture with Hainan Tourism Duty Free City.
Philippines’ Jollibee introduces ordering app in US, Canada
It ran a two-week promotion in celebration of the launch.
Philippine stores offer freebies to vaccinated customers
The local government called for businesses to offer such discounts and other perks.
Men’s luxury retail stores on the rise in South Korea
Luxury brands and department stores alike are driving the trend.
Alibaba launches largest university recruitment drive in China
It is advertising 113 entry-level roles, 45 of which are open to fresh graduates.
Weekly News Wrap: Singaporean offline business sales plummet; Indian court dismisses Amazon, Flipkart’s plea vs. antitrust probe
And Indian food delivery startup Zomato will raise $1.26b in IPO.
K11 Art Mall launches meme museum with 9GAG
The mall will feature the partnership’s one-of-a-kind NFT.
Philippines’ MerryMart buys 67% stake in Carlos SuperDrug
The local pharmacy chain has 27 branches to date.
Commentary
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