Vann Villegas
Around 7 in 10 SEA consumers wait for online sale seasons
Around 7 in 10 SEA consumers wait for online sale seasons
The “deal-hunting” behaviour can be seen more in Singapore, Malaysia and Indonesia.
Shopee, Lazada are top online shopping platforms in SEA
Convenience is the top reason for shopping online amongst Southeast Asian consumers.
Have a holly jolly holiday!
Retail Asia will be back on 9 January 2023.
ASICS acquires race registration platform njuko
It will now offer race registration services globally.
India’s online marketplaces to reach $350b in GMV by 2027
The country’s online marketplaces have contributed over $100b in GMV so far.
Australia retail trade up 12.5% YoY in October 2022
However, it declined by 0.2% month-on-month.
Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
Fruitas net income rebounds to P14m in Q3 2022
This is a reversal of the P8m net loss last year.
Alibaba Group records $3.2b net loss in September 2022 quarter
Its revenue increased by 3% YoY to around $29.1b.
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
L’Oréal Groupe, partners unveil luxury beauty brand SHIHYO
Its flagship store will open in South Korea.
South Korea's small stores lag behind big department stores in sales
Small supermarkets and groceries only saw a 0.4% sales growth.
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
How Love, Bonito develops actionable insights in fashion
CEO of Love, Bonito, Dione Song, revealed the brand’s data strategy that led to an 8% increase in its second purchase rate.
SHEIN launches resale platform
It is piloted in the US but is planned to be rolled out in other markets next year.
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