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JD wants its My Pet Profile to transform animal lives across China

Mei Ling Tan January 2, 2020

Customers of JD can now store detailed profiles of their pets online and receive updates of suitable products, services and care instructions through JD’s My Pet Profile Initiative function. With…

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Thailand’s Central Retail Group confirms IPO launch

Thailand’s Central Retail Group confirms IPO launch

Mei Ling Tan January 2, 2020

Central Group subsidiary Central Retail Corporation, aims to raise up to THB81.1 billion (US$2.7 billion) in an initial public offering (IPO), which will be Thailand’s largest yet. Central Retail’s IPO…

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Malaysia Plans Digital Banking License Launch

Malaysia Plans Digital Banking License Launch

Mei Ling Tan January 2, 2020

Malaysia becomes the latest to capitalize on the rising trend of digital banking with plans to issue up to five licenses. Malaysia’s central bank will issue the new licenses under…

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OCBC, Keppel, Validus Make Digital Banking Pull Out

OCBC, Keppel, Validus Make Digital Banking Pull Out

Mei Ling Tan January 2, 2020

Despite initial interest, a consortium made up of Singaporean lender OCBC, marine giant Keppel and peer-to-peer lending platform Validus has decided not to pursue a digital banking license in the…

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VW Starts Settlement Talks With German Consumer Groups Over Diesel Scandal

VW Starts Settlement Talks With German Consumer Groups Over Diesel Scandal

Mei Ling Tan January 2, 2020

Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In…

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Razer-Led Consortium Bids for Digital Banking License

Razer-Led Consortium Bids for Digital Banking License

Mei Ling Tan January 2, 2020

A consortium led by Razer is the latest to join the race for one of Singapore’s five digital banking licenses. The consortium includes the Singapore supermarket giant owners’ – the…

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Harrods opening store in Shanghai

Harrods opening store in Shanghai

Mei Ling Tan January 2, 2020

British department store Harrods will open a location in Shanghai. According to Retail Gazette, the store will be the brand’s first standalone site outside the UK and will target China’s…

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Standard Chartered Adds Information Chief in Singapore

Standard Chartered Adds Information Chief in Singapore

Mei Ling Tan January 2, 2020

Standard Chartered hires a chief information officer for its corporate, commercial and intuitional banking arm, based in Singapore. Rene W. Keller joins the British lender with responsibilities over the business’…

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India’s Lenskart wins US$275 million in Softbank funding

India’s Lenskart wins US$275 million in Softbank funding

Mei Ling Tan January 2, 2020

Indian omni-channel eyewear retailer Lenskart has raised an investment of US$275 million from SoftBank Vision Fund. Several of the firm’s existing investors sold their stake in the business during the…

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JD’s 7Fresh launches two new concepts in Beijing

JD’s 7Fresh launches two new concepts in Beijing

Mei Ling Tan January 2, 2020

E-commerce giant JD.com has opened a 24/7 store chain, 7Fresh Life, in Beijing. At the same time, the firm has launched its first Seven Fun lifestyle space in Beijing, intended…

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AirAsia starts exclusive route from Kuala Lumpur to Da Lat, Vietnam

AirAsia starts exclusive route from Kuala Lumpur to Da Lat, Vietnam

Mei Ling Tan December 31, 2019

AirAsia has unveiled its maiden flight to Da Lat, capital of Lam Dong province in the central highlands of Vietnam. The inaugural flight made history as the first international airline to…

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Tesla secures more than $1.4 billion in financing from China

Tesla secures more than $1.4 billion in financing from China

Mei Ling Tan December 31, 2019

Tesla clinched more than 10 billion yuan ($1.4 billion) in financing from local banks for its Shanghai factory as it prepares to begin deliveries of China-made Model 3 sedans in…

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Apple reportedly has plans to bypass carriers and deliver data itself to the iPhone

Apple reportedly has plans to bypass carriers and deliver data itself to the iPhone

Mei Ling Tan December 31, 2019

In five years, Apple iPhone and iPad users might be able to receive online content on their phone directly via satellite and bypass their wireless carrier. According to Bloomberg, the company…

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Twitter’s Android app gets patch to fix serious vulnerability

Twitter’s Android app gets patch to fix serious vulnerability

Mei Ling Tan December 31, 2019

Twitter announced yesterday that it patched a vulnerability in the Twitter for Android app that could have allowed a hacker to control a Twitter user’s account and send tweets and…

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Vietnam improves its online shopping readiness

Vietnam improves its online shopping readiness

Mei Ling Tan December 31, 2019

Vietnam has jumped five places to 64th in this year’s global index of readiness for online shopping, a UN report says. With an average score of 61.1 points on a…

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