APAC Retail
Online shoppers in India to grow up to 450 million by 2027
Currently, there are 200 million to 230 million.
Online shoppers in India to grow up to 450 million by 2027
Currently, there are 200 million to 230 million.
Wider economic recovery to drive India’s consumer spending growth
Consumer spending is expected to grow by 7.1% year-on-year in 2023.
Metro Retail reverses net loss in first nine months
Its net income amounted to P400m.
Robinsons Retail net income soars 60.8% in Q3
Its net income amounted to P1.67b.
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.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers