Vann Villegas
How AI reshapes Asia’s foodservice sector
How AI reshapes Asia’s foodservice sector
Operational efficiency due to AI use boosts companies’ bottom line.
GoTo, TikTok complete Indonesia merger
TikTok will hold the controlling stake in PT Tokopedia.
Why FMGC specialists need loyalty schemes to succeed
Around 55.3% cite loyalty schemes as an influence in purchasing food and grocery.
PCC OK’s Aboitiz, Coca-Cola Europacific’s acquisition of Coca-Cola Philippines
The transaction is valued at $1.8b.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
FMCG spending up 6.1% YoY in 2023
This is mainly driven by inflation.
Philippines’ Century Pacific expands solar capacity in manufacturing hubv
It is also investing in biomass boilers to reduce reliance on coal.
Nike launches Orchard store, offers product personalisation
The three-level Nike Orchard Road covers 28,000 square feet of space.
Uniqlo sues SHEIN over alleged shoulder bag imitation
It demands SHEIN to stop selling the product and compensation for damages.
Online grocery sales growth slows in Asia
A significant decline in basket sizes were seen in Malaysia and India.
Around 4 in 5 SG e-commerce organisations adopt AI
About 38% are still experimenting with AI implementation.
Saudi Arabia’s Panda Retail uses AI for pricing decisions
This will be applied to about 200 hypermarkets and supermarkets.
Around 7 in 10 APAC marketers spend on in-app ad
About 52% of marketers place in-app mobile game advertisements.
APAC tax-free shopping records strong recovery in December 2023
The recovery rate during the month stood at 151%.
New Zealand consumers prioritise value in deciding purchase
Younger consumers are purchasing more online whilst the older are returning in-store.
AEON Mall to install 15 MW solar carports
The solar carports will be installed in 12 AEON stores.
Most Read
1. L’Oréal partners with NVIDIA to scale AI across beauty business 2. YouTube seeks to topple TikTok as video shopping king 3. Vietnam textile industry to pilot first steam-generating heat pump 4. Turning inconvenience into entertainment: How 7-Eleven app redefines retail innovation 5. L’Oréal to acquire majority stake in Medik8Resource Center
Read Here
Advertise
Sign Up
Event News
The company bagged the Convenience Store of the Year - Hong Kong and the Retail App of the Year - Hong Kong wins in the Retail Asia Awards 2025 for the success of the platform.
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