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First Uniqlo Store opening in Baguio

First Uniqlo Store opening in Baguio

Mei Ling Tan November 13, 2019
Japanese retailer Uniqlo is opening its first store in Baguio City on November 29. The 859sqm Uniqlo Baguio store at SM City is the brand’s first in the Cordillera region.…
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Alibaba revenue surges

Alibaba revenue surges

Mei Ling Tan November 13, 2019
Chinese e-commerce giant Alibaba enjoyed a 40 percent rise in sales during its second financial quarter, performing beyond expectations. Alibaba revenue rose to RMB119.02 billion (US$16.91 billion) in the September…
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E-commerce platform Suning.com boosts sales

E-commerce platform Suning.com boosts sales

Mei Ling Tan November 13, 2019
Chinese O2O retailer Suning.com says sales from its online platforms and physical stores rose by 24.27 percent in the third quarter, reaching RMB 171.43 billion (US$24.4 billion). The company closed…
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Louis Vuitton flagship opens in Seoul

Louis Vuitton flagship opens in Seoul

Mei Ling Tan November 13, 2019
The new Louis Vuitton Seoul flagship store has opened, its design collaboration with renowned architects Frank Gehry and Peter Marino. Located on Cheongdam-dong Avenue in the Gangnam district, Louis Vuitton…
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APAC Venture Capital Deals in Decline

APAC Venture Capital Deals in Decline

Mei Ling Tan November 13, 2019
Venture capital deals in Asia Pacific dropped by one-fifth in the third quarter, attributed to a Chinese economic slowdown, but tailwinds await due to upcoming policy reforms. Total venture capital…
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OCBC 3Q Core Profit Up Slightly

OCBC 3Q Core Profit Up Slightly

Mei Ling Tan November 13, 2019
Singapore’s second-largest lender reported core net profit of S$1.26 billion in the third quarter, slightly above the $1.25 billion reported a year earlier. However, OCBC Bank’s headline net profit slipped…
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