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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia21/07/2021

Tru Kids Brands and Candytopia have worked together to create a new, innovative play experience – the Toys R Us Adventure. The immersive experience will celebrate the fun surrounding toys and play, and is scheduled to open mid-October at Brookfield Properties in Chicago and Edens Lenox Marketplace in Atlanta. The Toys R Us Adventure will […]

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Retail Asia21/07/2021

French luxury group LVMH is acquiring a 60% stake in Off-White, the label of designer Virgil Abloh who has been responsible for Louis Vuitton’s men’s collections since 2018. LVMH reports that it has taken a majority stake in Off-White, the brand launched in Milan in 2013 by American designer Virgil Abloh. This will give the world’s largest luxury goods […]

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Retail Asia21/07/2021

Covid-19 measures will be tightened again from Thursday (July 22) to Aug 18, as the city-state tries to stem a spike in community cases. Singapore is scaling down social gatherings to a maximum of two and banning dining out amid a spike in Covid-19 infections in the city-state that emerged from karaoke lounges and the […]

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Retail Asia21/07/2021

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Nokia secured a 5G RAN contract for China Mobile on Monday, making this the company’s first 5G contract in the country. Nokia was awarded a 10% share in one of three contracts tendered by China Mobile, while Ericsson obtained 9.6% of another contract. The total tender for all three contracts reached about $6 billion, with […]

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Retail Asia21/07/2021

The shutdown of two contract manufacturers in Vietnam due to Covid-19 could worsen Nike’s sneaker supply problems, a market research company has warned. The fact that South Korea’s Changshin Vietnam and Taiwan’s Pou Chen Corp in HCMC have stopped operating since last week “may exacerbate the supply chain disruptions that the company has had to deal with,” […]

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Retail Asia21/07/2021

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A new range of the Hyster® UT Series is being introduced to Australasia and the Asia-Pacific, to provide enhanced driver comfort and a low total cost of ownership for the forklift operator. The new H4.0-5.0UT internal combustion counterbalance pneumatic tyre forklifts, with lift capacities from 4,000-5,000kg, complement the broader range of Hyster UT Series forklifts […]

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Retail Asia20/07/2021

Mineral water brand Aqua Pura has added two new flavors, Citrus and Melon, to its Fruit Splash range, which contain natural fruit flavoring and have less than fifty calories per serve. Fruit Splash Brand manager Amelia Wright says the new flavors are based on the already-established Fruit Splash Range. “When brainstorming range extensions for Fruit […]

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Retail Asia20/07/2021

WineDepot Market has launched its direct-to-trade platform in Melbourne – and sealed a deal to acquire Parton Wine Distribution. After serving venues and retail outlets across Sydney since May, the subsidiary of ASX-listed Digital Wine Ventures has already brought on board more than 400 brands. WineDepot CEO Dean Taylor said local customers are responding positively […]

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Retail Asia20/07/2021

Reliance Retail is to buy nearly 41 percent of search and database firm Just Dial for US$468.84 million. Billionaire Mukesh Ambani-owned Reliance Retail will also make an open offer to public shareholders of Just Dial to acquire an additional 26 percent, according to regulatory requirements. Reliance has been on an acquisition spree to ramp up […]

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Retail Asia20/07/2021

Swiss bank UBS reports second-quarter 2021 net profit attributable to shareholders of $2 billion, up 66 percent from a year earlier. Operating Income was up 21 percent while expenses rose 10 percent, helping the cost/income ratio to fall 4.1 percentage points year-on-year. The bank saw continued momentum in investment flows and volume growth in conjunction […]

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Retail Asia20/07/2021

Fueled by an intensely competitive operating environment in Indonesia’s mobile sector, Indosat Ooredoo partnered with Comviva in delivering a front-to-end real-time marketing management platform, as well as subscribers’ loyalty and rewards program to yield increased customer retention and revenue within months from implementation. In a country where 98% of mobile phone users fall back on […]

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Retail Asia20/07/2021

Nearly 8,000 Vietnamese farmers started trading on e-commerce platforms in the first six months, up 191 percent year-on-year, as authorities pushed the development of the digital economy. The total value of agriculture produce on e-commerce platforms in the period tripled to VND944 billion ($41 million), according to a Ministry of Information and Communications report. It […]

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Retail Asia20/07/2021

Vietnam has pledged not to deliberately weaken its dong currency, reaching an agreement with the U.S. Treasury to make its monetary and exchange rate policies more transparent. The agreement, announced in a joint statement by Treasury Secretary Janet Yellen and State Bank of Vietnam Governor Nguyen Thi Hong after a virtual meeting on Monday, follows […]

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Retail Asia20/07/2021

Taxi operator Vinasun reported a loss of VND66 billion ($2.87 million) for the second quarter, its sixth consecutive quarterly loss as Covid-19 continued to wreck its business. Revenues were VND150 billion, the lowest since the company listed on the stock market in 2008. Before the fourth wave of Covid began at the end of April […]

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Retail Asia19/07/2021

Air cargo has been a “diamond in the rough” for AirAsia during the Covid-19 pandemic and is likely to retain a high importance to the business in the longer term, according to group chief executive Tony Fernandes. “What was a ‘nice to have’ has become something that could be as powerful as our passenger services,” […]

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Retail Asia19/07/2021

A week ago, we passed along images of the devices we expect Samsung to introduce at its next Unpacked event, the second for 2021. Those products include the Samsung Galaxy Z Fold 3, the Galaxy Z Flip 3, the Samsung Galaxy Watch 4, and the Galaxy Watch 4 Classic. The huge leak had been posted on Twitter by tipster Evan […]

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Retail Asia19/07/2021

When Apple launched its own mapping and navigation app in iOS 6, the goal was to replace Google Maps on the iPhone. But Apple Maps was such a fiasco that just weeks after the launch, CEO Tim Cook apologized for Apple Maps’ shortcomings and suggested that iOS users turn to alternatives like Google Maps, Waze, and other navigation apps […]

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Retail Asia19/07/2021

Last month, the Fakespot Secure Shopping app was launched in the App Store. With the app, users get to experience shopping on Amazon “as it should be, with genuine products and reviews, reliable sellers, great prices and fewer returns,” the app developer said. Earlier today, Apple removed the app from the App Store at the request of […]

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Retail Asia19/07/2021

In April 2012, Facebook purchased Instagram for $1 billion in cash and stock. At the time, many analysts felt that Facebook had overspent since Instagram was a photo-sharing app known mostly for its filters. But the last laugh belongs to Facebook as Instagram has matured to become one of the most visited social media destinations online […]

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Retail Asia19/07/2021

Kiwi coffee brand Allpress has created its first capsule espresso, designed, it says, to deliver an accessible solution for those seeking to enjoy the brand’s coffee at home. According to the company, the capsule took years of innovation to create and uses the same specialty grade coffee used by its cafes worldwide. The capsules were […]

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