Ensogo Asia has closed down all of its online stores as the online retailer appears on the brink of collapse. Following the resignation of its co-founder Kris Marszalek, the Singapore-based…
More than a quarter (27%) of third-party apps can be classified as high risk, according to research from CloudLock Cyberlab. Analysis conducted across 10 million users, 1 billion files, and…
Taiwan’s Eslite Spectrum, which runs bookstores, shopping malls and restaurants, plans to continue adding stores in the greater China market. President Wu Wen Chieh told the group’s annual meeting that…
MyRepublic’s CEO has rejected reports that the company is having difficulty raising funds required to make a bid to become Singapore’s fourth mobile operator, calling the claim “a bold-faced lie.”…
The search giant Google and the cloud communications specialist RingCentral are joining forces to serve apps and UC to the enterprise. They’ve got a new offering called RingCentral Office Google…
Thai regulator NBTC will introduce stricter standards governing the quality of mobile signals in an effort to address a growing number of complaints related to dropped calls. The NBTC will…
Hong Kong mobile operator 3 has announced its support for Apple SIM, introducing a line of short-term LTE data plans that can be chosen and activated from compatible iPads. The…
Chinese smartphone maker Xiaomi has teamed up with the country’s second largest mobile carrier, China Unicom, to expand its sales through offline retailing channels. The partnership with Unicom signals a…
Aeon Indonesia has ended its partnership with its local partner in the Ministop c-store chain. The move will result in Aeon exiting the market temporarily while it seeks a new…
Beijing Tourism Group, ChemChina and Sanpower are among bidders for McDonald’s China restaurants and the 20-year master franchise covering China and Hong Kong. The deal is said to be worth about…
Tokyo-based fast-fashion brand Uniqlo US, a 1700-store global chain with 43 US outlets, has been retrenching amid slowing sales. It has quietly closed five stores in the US since January,…
South Korea will hold a nationwide shopping festival involving major retailers, manufacturers and traditional markets in the fall to draw foreign travelers and jack up lackluster domestic consumption, the government…
Following the success of TFWA Asia Pacific Exhibition & Conference in Singapore, Lindt has opened a shop-in-shop concept with DFS Group at DFS, Hong Kong International Airport. The store features the…
When the world’s largest retailer makes a move, other retailers pay attention. Wal-Mart Stores Inc.’s decision to enter into a strategic alliance with the second largest Chinese e-commerce retailer, JD.com…
The price-to-book (PB) ratio is a popular way to value a real estate investment trust (REIT). The P/B ratio is calculated by dividing the market capitalisation of a REIT with its book…
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