Staff Reporter
South Korea sees retail recovery in 2021
South Korea sees retail recovery in 2021
E-commerce quickly gained market share in recent years.
Sportswear demand rise as COVID-19 alert level heightened: ZALORA
It rose to 24% from 20% during the high alert period in Southeast Asia.
Shopline adds Instagram Live to smart commerce platform
In Singapore, over 40% of Shopline merchants adopted social commerce.
Australia household spending to grow 3.5% in 2022: Fitch Solutions
Recovery of consumer spending relies on the vaccination against COVID-19.
Validus, TTC Group, Do Ventures enter joint venture to help SMEs in Vietnam
The joint venture aims to expand SMEs’ credit access.
Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
What are the 10 leading technology trends?
Alibaba said these technology trends will rise in the next two to five years.
Amazon SG, Watsons partner for storefront on Amazon.sg
This will launch an extensive product range and offer free scheduled delivery.
Infrastructure-as-a-service: the unsung hero of annual festive sales
As we kick off 2022, e-commerce continues to gain momentum with retailers refining their strategies and upgrading their capabilities to address the ever-evolving landscape. Chinese New Year is right around the corner and other shopping events will instigate fierce rivalry as online and in-store retailers compete to out-perform one another by providing consumers better discounts, more personalised deals, and various payment methods and fulfilment options.
Shake Shack to open 10 Malaysian stores by 2031
The burger stand operator is present in five Asian markets.
Coupang raises service charge to cut losses
But an analyst fears that this will fall short of reaching profitability.
JD’s Seven Fresh to open 12 stores in Southern China by end-2022
The company seeks to expand its Greater Bay Area operations, currently with eight stores.
Reliance invests $200m in quick commerce player Dunzo
The delivery company is seeking to expand its operations to 15 Indian cities.
Weekly News Wrap: Delhi court halts Future-Amazon arbitration; 7-Eleven China fined over calling Taiwan a nation
And Walmart clarified they did not deliberately remove Xinjiang products on its app.
Asian food aggregators beef up e-grocery operations
Delivery companies seized the opportunity opened by a rise in online shopping.
These 3 consumer classes will drive APAC’s experience economy
The women, Gen Zs, and empowered 50s will have the biggest impact to the marketplace.
Shiseido, Tencent partner to improve social commerce business
This aims to provide new consumers to Chinese consumers globally.
Commentary
How Asia’s retailers can prepare for AI-first commerce
Protecting Indonesia’s retail businesses through resilient cellular connectivity
Why e-commerce winners in SEA are rethinking operating models