Staff Reporter
Weekly News Wrap: Chinese consumers flock to homegrown brands; Malls closed down in India’s Maharashtra
Weekly News Wrap: Chinese consumers flock to homegrown brands; Malls closed down in India’s Maharashtra
And challenges lie ahead for Singapore’s aim to be Asia’s e-commerce hub.
Home deliveries drive India’s foodservice sector
The sector is expected to witness new formats such as cloud kitchens.
Alibaba invests $1b for cloud investment across APAC
It will launch data centres in the Philippines and Indonesia.
Organised pharmacy retail on the rise in the Philippines
Manila, Central Luzon and Bicol have been the key target regions for new pharmacies.
HKEX-listed Cafe de Coral plans China expansion
It is looking to penetrate residential areas in Tier 1 cities.
California Pizza Kitchen opens Hong Kong restaurant
It is looking to open four locations in the city by end-2022.
Coupang launches $195m distribution centre in Busan
It is expected to be completed by 2024.
Lenovo Lecoo’s stores will go online with Dada’s JDDJ
Lecoo aims to launch 600 stores in the coming year.
South Korea’s bakeries rapidly expands to foreign markets
For instance, Tous Les Jours is selling two to three times more than competitors.
South Korea’s TV commerce firms foray into live broadcast
The country’s live commerce market has been growing at a rapid pace.
Domino’s buys stake in Taiwan operations
It plans to expand to 400 from 138 stores in the market in the long term.
India’s retail recovery tipped to extend to 2022
Real household spending is not expected to hit pre-pandemic levels by 2021.
Shinsegae-led consortium wins eBay Korea bidding
This will mark the largest M&A deal in the country in H2 2021.
Sa Sa International to close 15-20 Hong Kong stores
It will have 38 retail leases expiring by March 2022.
Dada Group’s JDDJ clinches tie-ups with 30 supermarkets
It has also expanded its one-hour shopping service to lower-tier cities.
Coupang expands to Japan with SoftBank backing
It is testing its delivery service in selected locations in Tokyo.
Weekly News Wrap: Alibaba’s Jack Ma lying low; Flipkart and Amazon challenges India’s antitrust probe resumption
And Bukalapak seeks $800m in an IPO.
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It bagged the Marketing Initiative of the Year - Vietnam and the Pop-up Retail Project of the Year - Vietnam categories in the awards programme.
