Staff Reporter
India’s retail recovery tipped to extend to 2022
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.
Pressures remain for Indonesia’s hypermarkets despite Giant closure
The market is facing competition from mini-markets and traditional groceries.
E-commerce retailing formats proliferate in APAC’s retailing industry
Social media, digitalisation, and technology are strong growth drivers for retailers in the region.
Alibaba ranks first in Top 100 APAC Retail Ranking 2021: study
The Asia Pacific region recorded a double digit-growth in e-commerce in 2020.
Indonesia leads SEA in rising online technical consumer goods sales
Online sales of technical consumer goods in the region rose to 43% in Q1.
SK Telecom denies selling 11Street stake to Amazon
There are currently plans for Amazon products to be directly purchased in 11Street.
South Korea’s e-commerce firms ramp up OTT patforms
Coupang and Naver are looking to keep customers active on the platform.
Shinsegae and Lotte bid for eBay Korea buyout
SK Telecom and MBK Partners reportedly dropped out of the race.
Check out CP Group’s newly-rebranded Tesco Lotus Express stores
The store is positioning itself as a mini supermarket in neighbourhoods.
Dairy Farm’s Guardian shelves plans for Thailand stores
It is now focussing on selling products through 7-Eleven.
JD rolls out delivery robots in Guangzhou
The first robots will be sent to 14 residential compounds in Liwan District.
Weekly News Wrap: Shanghai malls keep to vaccinated customers; Singapore eases dine-in restrictions
And Chinese grocery app Dingdong Maicai is filing for a US IPO.
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