Staff Reporter

PriyoShop raises $5m in pre-Series A funding round

PriyoShop raises $5m in pre-Series A funding round

The financing will help the company upgrade its tech infrastructure for its users.

Euromonitor’s Hiromi Yamaguchi: Loyalty programmes, digital integration vital amidst evolving consumer expectations

To navigate diverse markets successfully, retailers must leverage technologies like AI to integrate online and offline experiences whilst implementing tailored strategies for sustainable growth.

Indonesian consumers pivot towards halal cosmetics: analyst

The sector will achieve a CAGR of 3% to 4% in APAC from 2022 to 2027.

Carousell co-founder Lucas Ngoo to exit the e-commerce company

Ngoo said he wants to explore other industries such as AI in healthcare, amongst others.

Singapore's Qoo10 buys e-commerce platform Wish

Merchants and users of Wish will receive access to Qoo10’s cross-border benefits.

Shopee Supermarkets' Price Lock saves $1m for Singaporean families

The pilot Price Lock initiative aims to assist families with vouchers and markdowns.

Michael Cheng of PwC: Localisation, digitisation, circular economy are key themes of supply chain innovation

Cheng emphasised the need for retailers to adapt supply chains amidst geopolitical tensions, ensuring resilience.

Restaurant Brands International unveils long-term growth plan for 2028

The company aims to open 40,000 restaurants for its four anchor brands.

Frictionless commerce faces uphill battle from lukewarm customer feedback

The sector gained a moderate $375.m from retail in 2023.

New Balance trials resale platform in the US

Customers can trade New Balance shoes for vouchers and help recycle shoes.

Foodservice is the next hot ticket for luxury maisons in Asia

Over 30% of young respondents are seeking new experiences outside of brands.

The Warehouse Group runs 26 stores with solar power

It aims to be 100% solar-powered by end-2026.

DIYblinds names new CEO

The co-founders will serve as chief growth officer and director of the company.

3 in 5 Asians are influenced by health benefits when buying food or drinks

62% of Asians are more influenced by the health benefits of products.

L’Oréal partners with Korean beauty company Chowis for advanced hair care service

The partnership involves the use of Chowis’ Dermopico hair analysis technology.