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Tag: Australia

Retail Asia19/04/2021
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Finance

Citigroup to exit consumer banking in Vietnam

1min0
America’s Citigroup will exit 13 international consumer banking markets, including Vietnam, to shift its focus to four wealth centers. The move is part of the bank’s strategic decision to direct investments and resources to businesses with the greatest scale and growth potential, it stated, adding its main markets will include Singapore, Hong Kong, the United […]
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Retail Asia09/04/2021
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Finance

Finder Acquires Financial Comparison Platform GoBear

2min0
Finder, a global comparison platform founded in 2006 in Sydney, Australia, has acquired the GoBear brand as it accelerates its global expansion. Finder aims to grow its presence as a key financial comparison platform in Southeast Asia with the acquisition of the GoBear brand, it said in an announcement on Thursday. Singapore-based GoBear, which was founded […]
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Retail Asia30/03/2021
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General

70% of Australian Casual Workers More Likely to Get COVID-19 Vaccine If It’s Recommended by Employer

5min0
As Australia’s COVID-19 vaccine roll-out strategy ramps up across the nation, 70% of casual workers have indicated that they would be more likely to receive the vaccine if it was recommended by their employer. The research by Humanforce, a provider of intelligent workforce management solutions, also revealed that the vast majority of casual workers – […]
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Retail Asia25/03/2021
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General

Australia’s News Corp signs content deal with Facebook

3min0
Rupert Murdoch’s News Corp and Facebook Inc in Australia have agreed on a content-supply deal, easing the tension between media companies and the social media giant involving a new world-first law that seeks payment from social media companies for content displayed on their platforms. Through this deal, News Corp becomes the first major media outlet […]
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Retail Asia11/03/2021
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Telecom

Macquarie Telecom signs $34 million exclusive deal with Optus

5min0
The decision follows a comprehensive, strategic review of mobile solutions, and will see Macquarie offer numerous key services to Australian enterprises as the need for greater connectivity continues, including: 5G Connectivity and Speeds: Providing flexibility, faster speeds, and greater capacity across multiple devices, fully managed and supported in Australia by Macquarie’s dedicated customer and engineering […]
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Retail Asia10/03/2021
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Finance

Chubb Names Australia and New Zealand President

1min0
Zurich-headquartered insurer Chubb has appointed a new president for Australia and New Zealand. Chubb names Peter Kelaher country president for Australia and New Zealand, according to a statement, succeeding Jarrod Hill who is leaving the firm. Kelaher reports to Paul McNamee, senior vice president of Chubb Group and APAC regional president. Kelaher has 20 years of insurance experience and he […]
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Retail Asia02/03/2021
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Fashion

Retykle closes funding round to enable growth

2min0
Hong Kong-based children’s clothing resale platform Retykle has closed a new round of seed funding to support its expansion plans. According to the company, funds raised will enable Retykle to invest within its home market of Hong Kong, as well as expanding its reach into Singapore and Australia. The investment will be used on technology […]
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Retail Asia23/02/2021
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E-Tailing

Amazon acquires e-commerce platform Selz

1min0
Global e-commerce marketplace Amazon has bought up Sydney-based e-commerce platform Selz. The platform works in much the way as Shopify, providing an e-commerce-ready backend for small businesses to utilize when creating their websites. “We have signed an agreement to be acquired by Amazon and are looking forward to working with them as we continue to […]
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Retail Asia16/12/2020
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General

Dematic to Commission New Automated National Distribution Centre for Woolworths in Sydney

8min0
Dematic today announced it has been selected by Primary Connect — the supply chain arm of Australia’s largest supermarket, Woolworths Group — to supply a state-of-the-art automated fulfillment system for the new National Distribution Centre (NDC) in Moorebank Logistics Park, Sydney.  Dematic, a global leader and innovator in warehouse automation, has a long history with […]
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Retail Asia17/09/2020
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Fashion

Forever New furthers international plans with new website

2min0
Australian fashion retailer Forever New has today relaunched its international website, servicing 19 countries including Malaysia, Hong Kong, China, the UK and parts of Europe. Customers will be redirected from the brand’s Australian site from today. “We are proud of Forever New’s ever-growing international presence and thrilled to be able to expand our offering to […]
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Retail Asia09/09/2020
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General

Bamboo Airways eyes direct route to Australia

2min0
Bamboo Airways plans to open a direct regular route between Hanoi and Melbourne early next year using the wide-body aircraft Boeing 787-9 Dreamliner. The airline made this announcement after conducting its first flight to Australia last Sunday to carry nearly 300 Vietnamese workers and students home. Nguyen Ngoc Trong, the deputy CEO of Bamboo Airways, […]
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Retail Asia20/08/2020
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Fashion

Australia’s Mecca opens in China

4min0
Australian beauty retailer Mecca is entering the competitive Chinese market and launching its luxury flagship store at the online marketplace Tmall today. Known for its curation of niche and luxury local and international cosmetics, the brand has launched an edit of 22 first-to-market brands at its Tmall store, including its private-label brands, Mecca Brands and […]
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Retail Asia29/06/2020
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Finance

Australian Wealth Fintech Eyes Growth

3min0
Picture Wealth has completed a A$12 million equity and debt funding round, at it sets its sights on reinventing the country’s financial advisory and superannuation landscape. The fast-growing company has completed late-seed funding round and acquired 100 percent of financial services licensee NEO Financial Solutions (NFS) for an undisclosed sum, it announced on Friday on […]
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