Vann Villegas
Who are the leading consumer segment in Southeast Asia?
Who are the leading consumer segment in Southeast Asia?
Bain & Company said businesses should review their ambitions in the region.
Around half of APAC consumers frequently order overseas online
Better quality products are the top driver for cross-border purchases.
About 9 in 10 APAC consumers abandon online carts over inflexible delivery options
Some want to have their items delivered to other places instead of their homes.
How the Philippine government supports retailers’ capacity building
PTTC Executive Director Nelly Diller shared some of their training programmes at the Retail Asia Forum in Manila.
Lazada, Seoul Business Agency partner to support Korean SMEs' growth
The SMEs will be first onboarded in Lazada Singapore.
InCity Chongqing opens in city’s tallest tower
The retail mall is home to over 200 brands.
Central Retail opens $35.2m Robinson Lifestyle, Department Store in Phuket
Its first phase opened on 20 September, whilst full service is expected by year-end.
Global e-commerce market to reach $9.3t by 2027
E-commerce transactions already hit $5.9t in 2022.
L’Oréal invests in China-based biotech company
This partnership will allow L’Oréal to solve the incompatibility and instability of raw materials.
SHEIN partners with SingPost for delivery in Singapore
Consumers may also have their parcels delivered to their letterboxes.
Megaworld to launch Finland’s SuperPark in the Philippines
The first activity park will open in Eastwood City and will be followed by another in McKinley Hill.
Reliance Brands to acquire 76% Superdry IP in Indian territories
The consideration for the IP costs around $48.7m.
Thai consumers prefer to pay using e-wallets, cash for online transactions
Preference in payment methods varies in regions.
JD.com launches Green Impact Partners Alliance
Its inaugural partners include FMCG brands Breeze, OMO, and BABO.
Majority of SG consumers want to shop more online
They are giving premium to loyalty programmes and convenience as reasons to shop online.
Why APAC consumers make impulse purchases
Sales or deals, and “mood-boosting” items compel consumers to buy.
Around 3 in 5 APAC consumers prefer shopping online
Free delivery, and coupons and discounts were amongst the top purchase drivers.
Commentary
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