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Singapore Launches Research Platform for Fintech Investments

Singapore Launches Research Platform for Fintech Investments

Mei Ling Tan November 20, 2019

The Fintech Research Platform will help investors and financial institutions connect with start-ups in the industry that they can partner with or invest in. The Monetary Authority of Singapore (MAS)…

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Paytech Pioneer Opens APAC Hub in Singapore

Paytech Pioneer Opens APAC Hub in Singapore

Mei Ling Tan November 20, 2019

The firm is looking to replicate the European success of its Apex platform – which powers fintech unicorns including Revolut, Monzo and Starling Bank – in the region. Global Processing Services (GPS)…

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Myer turns up the tech scene this Christmas

Myer turns up the tech scene this Christmas

Mei Ling Tan November 19, 2019

Myer once again has launched a technology-fuelled Christmas campaign, with this year’s campaign including a bluetooth-enabled stocking and online hub where Aussie kids can write a letter to Santa, create…

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US food delivery service DoorDash expands to Sydney

US food delivery service DoorDash expands to Sydney

Mei Ling Tan November 19, 2019

Two months after entering the local market with food delivery services in Melbourne, DoorDash has expanded to Sydney and now covers more than 40 percent of the Australian population it…

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Alibaba increased stakes in Cainiao Smart Logistics Network

Alibaba increased stakes in Cainiao Smart Logistics Network

Mei Ling Tan November 19, 2019

Alibaba has invested an additional RMB23.3 billion (US$3.3 billion) to increase its equity stake in Cainiao Smart Logistics Network from approximately 51 percent to about 63 percent. The investment was…

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Miniso $2 concept success exceeds expectations

Miniso $2 concept success exceeds expectations

Mei Ling Tan November 19, 2019

The new Miniso $2 concept store launched in Singapore is achieving sales volumes four times that of the brand’s conventional stores in the city. The Chinese discount-merchandise retailer has opened…

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Xiaomi India becomes nation’s largest single-brand retail network

Mei Ling Tan November 19, 2019

Xiaomi India has been recognized as the largest exclusive brand network in the territory. The finding was released in a study by retail and channel solution provider Channelplay, and coincides…

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Sportswear Label Sweaty Betty opens first Asian store

Sportswear Label Sweaty Betty opens first Asian store

Mei Ling Tan November 19, 2019

Sportswear label Sweaty Betty has made its Asian debut, opening a store at Hong Kong’s IFC mall. The British retailer, often described as a premium competitor of Canada’s Lululemon, specializes…

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Parisian perfumier Creed to launch in India

Parisian perfumier Creed to launch in India

Mei Ling Tan November 19, 2019

Parisian perfumier Creed has been brought to the Indian market by local luxury retail group Bequest. The firm will open two outlets for the house – known for its hand-mixed,…

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Bulldog becomes first cruelty-free cosmetics brandn Mainland China

Bulldog becomes first cruelty-free cosmetics brandn Mainland China

Mei Ling Tan November 19, 2019

London-based Bulldog has become the first-ever international skincare brand to maintain its Cruelty-Free International Leaping Bunny-approved status and be able to sell in Mainland China. Until now, animal testing of…

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Luggage brand Lojel opens Hong Kong concept store

Mei Ling Tan November 19, 2019

Lojel has opened its first concept store in Causeway Bay, adjacent to the drone-technology flagship of DJI. The new store will feature personalization opportunities, an in-store warranty repair service and…

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Green Common expands into Mainland China

Green Common expands into Mainland China

Mei Ling Tan November 19, 2019

Hong Kong plant-based grocery shop and cafe Green Common will launch online on Tmall Global at the end of this month, during the marketplace’s Black Friday event. The grocer, known…

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Alibaba’s Singles Day sales up 26 per cent

Alibaba’s Singles Day sales up 26 per cent

Mei Ling Tan November 19, 2019

Alibaba’s Singles Day retail promotion is over for another year – and predictably a new record was set. The Chinese internet behemoth says its gross merchandise volume (GMV) reached RMB268.4…

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UOB Launches AI-Driven Financial Planner

UOB Launches AI-Driven Financial Planner

Mei Ling Tan November 19, 2019

UOB leverages artificial intelligence to launch what it claims to be an industry-first financial planning solution. The bank launched «Mighty Insights» to better track customers’ savings and expenses in order to improve financial planning. The…

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DBS Avoids Larger M&A Deals

DBS Avoids Larger M&A Deals

Mei Ling Tan November 19, 2019

DBS group chief executive Piyush Gupta said it would avoid acquisition targets with large deal sizes in order to maintain concentrated focus on its digital transformation. According to Gupta, the…

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