Staff Reporter
Pinduoduo wins ESG Initiative of the Year at the 17th Retail Asia Awards
Pinduoduo wins ESG Initiative of the Year at the 17th Retail Asia Awards
China’s leading agricultural platform was recognised for its efforts in creating more sustainable streams of income for small-scale farmers through online commerce.
Setting new standards with Kmart
The retail company was recognised with three wins at the Retail Asia Awards 2022.
Pharmacity wins two major awards in the Retail Asia Awards
The ‘Drugstore of the Year’ and ‘Health and Beauty Retailer of the Year’ Awards were presented to the firm, reflecting its commitment to protecting the health and well-being of all families in Vietnam.
Maje expands to Southeast Asia with ZALORA
It is available in ZALORA Singapore and Malaysia starting on 1 July.
FedEx, eBay partner to boost APAC e-commerce market
eBay sellers in the region can get competitive discount rates.
Six in 10 consumers in East Asia worry about climate change
Sustainability is a key focus in the region, Euromonitor International.
BNPL payment option to boost Southeast Asia’s e-commerce market
Younger generations are increasingly willing to use online BNPL options.
Retailers eye using recycled plastic, sustainable materials in products
Some companies in the personal care sector are offering re-fillable options
More brands to pierce through the Metaverse madness in 2022: report
This comes as brands explore avenues of digital personalisation.
Ultra-fast, same day delivery on the rise for e-commerce
However, the trend might slow down due to inflationary pressures, Fitch said.
Philippines’ Fruitas to buy Ling Nam restaurant with Balai IPO proceeds
The IPO raised some P203.8m in net proceeds.
Lukfook’s attributable profit rises 36.9%YoY in 2022
It saw a record revenue growth of 32.5%.
Longchamp opens flagship store on JD.com
This brings the number of luxury brands on JD to over 300.
JD Health buys pet care business
The acquisition was worth $355.4m.
Central Retail launches new BnB home
The expansion was worth THB60m.
East Asia makes up over 80% of Asia’s retail sales: report
This was in part driven by the e-commerce boom in the region.
Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025
This is due to the rise in digitalisation in their operations.