Pan Pacific plans to open the world’s largest Don Don Donki in Guam next year. Construction of the 270,000sqft store has already commenced with a ground-breaking ceremony in the suburb…
Yahoo! Hong Kong is to close its commercial operations, including Yahoo! Auctions, Yahoo! Store, and Yahoo! Group Buy. The company posted a message in Chinese on its website yesterday, announcing…
High-end supermarket Jasons Food Hall is closing its business at Kuala Lumpur’s Bangsar Shopping Centre after 20 years of trading. The store, which is owned by Hong Kong-headquartered Dairy Farm…
Hong Kong restaurant sales fell 14.3 percent in the December quarter, provisionally estimated at HKD26 billion (US$3.35 billion). Provisional figures released by The Hong Kong Census and Statistics Department, also…
Singapore investment firm OUE has acquired a majority stake in the parent of Indonesia’s Maxx coffee chain, which also operates in Singapore. According to the agreement, OUE’s wholly-owned subsidiary Oddish…
Under Armour Asia-Pacific sales surged 9.8 percent in the December quarter – a far greater growth rate than the global 3.7 percent. The sportswear brand, which is struggling to turn…
Deliveroo has offered support for its Hong Kong restaurant partners as many of them are suffering from falling dine-in sales due to the coronavirus crisis. The company will reduce its…
L Brands is reportedly about to announce the sale of its troubled Victoria’s Secret lingerie business to private-equity company Sycamore Partners. The move would leave L Brands with just one…
Skoda Auto today revealed that its first electric SUV will be presented soon. It, in fact, let out what it will be called. Skoda will call it the Enyaq and…
Daimler reported its biggest drop in annual profit in a decade on Tuesday, a 64% fall reflecting more than 5 billion euros in charges as well as an investment as…
Vietnam’s central bank has decided not to cap foreign ownership of e-payment companies at 49 percent after consulting with experts. Foreign investment plays an important role in payment intermediaries’ functioning…
Facebook’s digital currency initiative Libra continues to fall apart as British telco Vodafone becomes the latest partner to bail from the project. In a statement, Vodafone said: “Vodafone Group has…
Japan Airlines (JAL) is powering its ongoing retail transformation following the recent move by the airline to deepen its strategic distribution partnership, with Amadeus becoming the airline’s recommended distribution partner for travel…
Google is reportedly testing Play Music’s best feature for YouTube Music, the ability to upload your music library. It’s one of the features that prevent many Play Music users from moving…
Declining interest in the brand combined with a lack of new smartphones resulted in 2019 being HTC’s worst year on record. But if new revenue figures are anything to go…
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