June 18, 2026

Latest News

China Unicom brings 9 investors to IoV subsidiary

Mei Ling Tan May 16, 2019

China Unicom said a group of automobile OEMs have invested in its Internet of Vehicle (IoV) unit China Unicom Smart Connection Technology. Nine strategic investors, including major automobile companies FAW,…

SKT to help broadcasters create 5G livestream system

Mei Ling Tan May 16, 2019

SK Telecom has signed agreements with South Korea’s top three terrestrial broadcasters to develop new media solutions and business models based on 5G technology. The operator has signed memoranda of…

China Telecom formally signs Philippines JV agreement

Mei Ling Tan May 16, 2019

China Telecom has formally signed the agreement to create Mislatel, the joint venture that will become the Philippines’ third mobile operator, committing to invest $5.4 billion in the venture. The…

Stefano Ricci opens Doors at The Shoppes

Mei Ling Tan May 16, 2019

Italian menswear Stefano Ricci has opened a boutique at The Shoppes at Marina Bay Sands. The 150sqm store presents the brand’s menswear range, SR Home collection, and leather goods such…

Pazzion footwear launches cafe concept

Mei Ling Tan May 15, 2019

Footwear retailer Pazzion has unveiled a cafe concept at Jewel Changi. Located next to the Pazzion boutique, the 45-seat Pazzion Cafe is designed in monochromatic tones of black and white,…

Honestbee running out of Funds

Mei Ling Tan May 15, 2019

Innovative startup runs out of cash; suspends Hong Kong and Thai operations. Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment…

Walmart trials new Online Store Format

Mei Ling Tan May 15, 2019

Supermarket retailer Walmart has launched a new technology called Intelligent Retail Lab (IRL) that allows it to monitor its physical stores more efficiently and keep costs under control. The retail…

Fast-food chain Jollibee Plans China Rollout

Mei Ling Tan May 15, 2019

Filipino fast food chain Jollibee may open its first location in China within the next five years. The firm already has a presence in the territory, where it operates the…

Decathlon Vietnam opens it’s Very first Store

Mei Ling Tan May 15, 2019

Decathlon Vietnam has opened its first store, at Vincom Mega Mall Royal City in Hanoi. Located on level B1, the store spans 4300sqm, offering more than 14,000 items covering 70…

Sagara launches online Store Concept

Mei Ling Tan May 15, 2019

Tableware firm Sagara Inc has opened a global website after setting up a retail store in New York to market its environmentally conscious tableware for children. The firm’s Reale brand,…

Cloud Services Growth to Amazon profit

Mei Ling Tan May 15, 2019

Amazon profit surged 118 per cent during the first quarter of this year, from US$1.6 billion to $3.56 billion. Operating income during the March quarter reached $4.4 billion, compared to…

India’s Quikr Acquires Zefo marketplace

Mei Ling Tan May 15, 2019

Indian online classifieds site Quikr has bought refurbished goods marketplace Zefo, headquartered in Bangalore. The acquisition allows an exit strategy for Zefo’s current investors, including Sequoia Capital, and gives Quikr…

Flight Centre drops guidance

Mei Ling Tan May 15, 2019

Travel specialist retailer Flight Centre has amended its previously stated profit guidance for the remainder of the 2019 financial year after poor conditions in Australia’s leisure market impacted its performance.…

Google Assistant brings its bedtime stories to Smartphones

Mei Ling Tan May 15, 2019

One of the major Google Assistant features aimed at children, the ability to tell them stories, made its way to Google Home smart speakers about two years ago. Starting this weekend, the so-called…

Amazon doubles Quarterly Profit

Mei Ling Tan May 15, 2019

Global online marketplace Amazon has grown its net income 118 per cent during the first quarter of 2019, from US$1.6 billion to US$3.56 billion ($2.28 billion to $5.07 billion). The…

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