APAC Retail
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
AllHome net profit drops 65% in H1
Its net profit declined to P222.1m, as of 30 June 2022.
Robinson Retail net income doubles in Q2
The company recorded a 124% net income growth to P1.68b.
Australia’s retail sales up 1.4% in Q2
This is the third consecutive growth since Q4 2021.
Philippines’ URC posts P6.5b net income in H1
This is lower compared to the same period last year.
Weekly News Wrap: Ambani’s kin to head Reliance’s retail arm; China Tourism Group to relaunch Hong Kong listing plan
And an Australian appliance chain pauses its facial recognition trial.
Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025
This is due to the rise in digitalisation in their operations.
One in 4 consumers in APAC have been victims of online fraud
This is particularly higher in China and India, Experian found.
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Don't miss this pivot point for retailers, driving growth and redefining consumer experiences in one of the world's most dynamic retail environments.
Don't miss this pivot point for retailers, driving growth and redefining consumer experiences in one of the world's most dynamic retail environments.
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1. Payment cards drive over 50% of Australia's e-commerce transactions 2. foodpanda launches house brand ‘bright’ 3. Half of Asian consumers prioritise inner beauty in F&B choices 4. L'Occitane International announces $1.8b privatisation offer 5. Supermarkets lead growth in Vietnam’s evolving retail sceneAwards
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