Staff Reporter
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Saudi Arabia’s e-commerce market grew 18%.
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
Around 7 in 10 SEA consumers wait for online sale seasons
The “deal-hunting” behaviour can be seen more in Singapore, Malaysia and Indonesia.
Shopee, Lazada are top online shopping platforms in SEA
Convenience is the top reason for shopping online amongst Southeast Asian consumers.
Have a holly jolly holiday!
Retail Asia will be back on 9 January 2023.
What 2022 has taught retailers about pushing for a better shopping experience
Having a mobile-first strategy remains the number one driver to meet customer expectations.
Carousell cuts 10% of total headcount
A total of 110 roles were laid off.
Weekly News Wrap: Cautious travelers hit China's consumer sector; Shein sets aside $15m on factory upgrades
And a top Xiaomi India executive resigns as challenges mount.
China's retailers must shift to sustainable operations: report
Improving shopper loyalty is expected to be critical as consumers spend less.
Mars China clinches Health & Wellness Initiative of the Year - China at the FMCG Asia Awards 2022
Innovative EOHP campaign attracts considerable public impressions and lives Mars Purpose.
South Korean retailers offer low-price cakes ahead of Christmas
Some are providing discount benefits for pre-orders.
Weekly News Wrap: Lockdowns boost Pinduoduo’s Q3 revenues; Ex-Flipkart exec’s startup bags $5.8m in seed funding
And UK-based online fashion retailer Boohoo expands to India.
Strong local consumption buoys Guangzhou's retail sector
The food and beverage sector in the Chinese city was relatively active in Q3.
CONCEPT WATCH: Eatology cooks up a ‘halfway diet’ for Hong Kongers
The flexitarian meal plan is for consumers looking to reduce their consumption of animal-based products.
ASICS acquires race registration platform njuko
It will now offer race registration services globally.
India’s online marketplaces to reach $350b in GMV by 2027
The country’s online marketplaces have contributed over $100b in GMV so far.
Shein reduces water use in new printing technology
It also accelerates the efficiency of printing.
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