Vann Villegas
Alibaba’s net income drops 53% YoY to $3b in Q2 2022
Alibaba’s net income drops 53% YoY to $3b in Q2 2022
This is affected by the decline in the income from operations, amongst others.
ShopBack to expand footprint to Hong Kong on 8 August
Over 250 merchants in Hong Kong have onboarded ShopBack.
SMIC net income jumps 27% YoY to $457.6m in H1 2022
It is supported by the strong retail activity due to higher foot traffic in malls.
UNIQLO launches campaign to urge customer participation in sustainability initiatives
Customers can buy items made from recycled materials and join coastal clean-ups.
ZALORA, adidas partner to launch pop-up store in Singapore
The store in Bugis Junction is open from 3 to 12 August.
Click here: APAC brands log in to social media to engage with customers
A Nielsen study found that 56% of APAC marketers consider social media as the most effective channel.
FedEx Logistics moves to new office in Singapore
Its services include supply chain solutions and customs brokerage.
Australia retail sales rise 0.2% MoM in June
It is the smallest increase so far in 2022.
Love, Bonito opens flagship store in Hong Kong
The 2,000-square feet store is located in Central.
Carousell buys Indonesian electronics recommerce platform
They aim to extend the life cycle of electronic goods by making selling easier.
Around 2 in 5 Hong Kong restaurants confident about F&B industry’s future
The performance satisfaction score of 6.4 is the highest posted in two and a half years.
Chinese consumers buy more high-end imported products: report
They are buying mobile phones, appliances, and beauty products from international brands.
How J&T Express Singapore plugs the hole left by talent shortage
Upskilling and automation help the logistics firm stay afloat.
Alibaba Group to apply for primary listing on HKEX
The listing process is expected to be completed before year-end.
Pandamart Hong Kong posts 53% YoY increase in turnover
Sai Ying Pun led the order chart with a 144% YoY surge.
Deliveroo launches new rapid grocery delivery service in Hong Kong
Grocery deliveries will be done in as little as 10 minutes.
Hypebeast, Jun open first Hypegolf store in Japan
The store will also be home to the first Hypebeans café in Japan.
Commentary
Traceable, regenerative, profitable: The new rules of food retail in Asia
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy