Staff Reporter
Weekly News Wrap: China calls on e-commerce sites to curb spam; Luckin Coffee reaches $175m class action settlement
Weekly News Wrap: China calls on e-commerce sites to curb spam; Luckin Coffee reaches $175m class action settlement
And Philippines-based AllDay Marts poised to jump in trading debut.
Regulator greenlights E-Mart’s purchase of eBay Korea
The Fair Trade Commission believes the approval will spur competition in the retail sector.
Retail recovery unlikely for Malaysia in 2021
The country’s consumer spending is tipped to exceed pre-pandemic levels by 2022.
JD bares plans to boost agri-products for Singles Day promo
The company has targeted more than 1,000 brands for this initiative.
2 in 5 Indian shoppers use digital payments for festive season spending
Furthermore, 33% consider digital payments as the most secure way to pay.
Cainiao upgrades logistics and network for 11.11 shopping festival
One upgrade involves the chartering of 300 flights from China to consumers around the world.
UOB partners with Fave to transform rewards programmes
The new UOB Rewards+ intends to make rewards more straightforward, transparent, and engaging.
8 in 10 Southeast Asians seek better food transparency: NielsenIQ BASES
SEA consumers have a growing appetite for healthy options, the research found.
How AI helps boost retailers’ digital sales initiatives
The use of AI in marketing ensures greater efficiency in increasing productivity and boosting campaigns.
Reliance Retail buys controlling stake in Ritu Kumar designer brand
This includes the purchase of a 35% stake from Everstone.
Alibaba brings sustainability into limelight for Singles’ Day festival
It is planning to slash order-related carbon emissions by 30%.
Weekly News Wrap: Alibaba’s shares rise after Jack Ma’s reappearance; Arbitrators junk Future's plea on Reliance deal
And India-based Rebel Foods will roll out 2,000 outlets across Asia in a Foodpanda tie-up.
Starbucks Korea probed over unregistered pre-paid cards
The company was criticised for hiding pre-paid charges from financial supervision.
JD brings products from six countries in Tianjin
Its national pavilions feature products from various countries to the Chinese market.
Retail vacancy in Guangzhou shrinks despite rising market sentiments
F&B businesses enjoyed a rapid recovery in Q3.
South Korea’s online brands expand to physical stores
The stores were designed to appeal to the younger generations.
Shoppertainment Live opens seven 'livestyle' studios in PH
The studios will be used for the new normal in live commerce.