Staff Reporter
BNPL payment option to boost Southeast Asia’s e-commerce market
BNPL payment option to boost Southeast Asia’s e-commerce market
Younger generations are increasingly willing to use online BNPL options.
JD launches Joybuy platform in 110 countries
It seeks to link Southeast Asian and North American merchants with Chinese factories.
Weekly News Wrap: Shanghai’s fashion stores struggle to clear stock; JD exec says China’s regulation getting more ‘rational’
And India’s Zomato set to buy grocery delivery startup Blinkit for $568m.
China’s FMCG retailers must compete amidst growing digitization: Bain
Retailers must focus on categories that continue to have low online penetration.
Shopee to give local sellers a boost in Q3
It seeks to expand their reach throught over 13,000 Shopee affiliates.
Alibaba’s Tmall launches childcare consulting service
The service came in a tie-up with over 200 product specialists and 50 brands.
Weekly News Wrap: JD posts slowest growth in 618 event; Shopee cuts jobs in shopping and food
And Reliance is mulling buying out bankruptcy-hit US cosmetics giant Revlon.
Tighter competition expected for Bangkok’s retail sector in 2022
The sector’s outlook is expected to suffer weaker consumer confidence.
South Korea’s GS25 donates inventory of closed stores
The inventory was sent to a rehabilitation facility for PWDs.
Weekly News Wrap: Amazon India seller accuses antitrust agency of illegal detention; Uniqlo to raise prices on goods
And Apollo-Reliance consortium makes a binding offer to Boots’ international arm.
Growth in sight for Japan’s retail sector despite slow recovery
Store footfall is continuing to rise despite substantial COVID-19 cases.
Central Pattana opens shopping center-led mixed-use project
It is the company’s first provincial project designed as a sports destination.
Central Retail invests $496m to remodel Robinson Lifestyle branches
The company plans to bring new concept designs with a “local touch.”
J&T Express Singapore highlights two factors crucial in improving parcel delivery
This was discussed by its head of operations, Martin Tan, at the Retail Asia Summit.
Rakuten, Seiyu launches unmanned vehicle delivery
The service covers nearly 1,000 households in Tsukuba City in Japan.
CU adds nine payment options for SEA customers
This came as CU saw its foreign customers rising back to pre-pandemic levels.
Weekly News Wrap: China’s retailers face wary customers post-lockdown; Singapore stores brace for chicken ban
And Amazon shuts down its Kindle store in China.
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1. TikTok unveils new business solutions to drive brand growth 2. YouTube doubles down on video commerce in Southeast Asia 3. IKEA revamping store designs in major cities 4. SM taps 800 personal shoppers to boost customer experience 5. Alibaba launches AI tool to help fashion retailers create virtual try-on videosResource Center
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