boom

Retail Asia18/11/2019

The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 openingsz last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the number of coffee shops is because the number of new shops opening has dramatically […]

Retail Asia09/05/2019

Online sales in Malaysia and Indonesia are set to boom in the lead up to – and during – Ramadan, according to an analysis by advertising platform Criteo. Based on data from last year’s festival – which ran from May 15 to June 14, consumer activity typically slowed at the start and end of the […]

Retail Asia14/06/2018

Among the 28 largest internet companies in the world, 11 are e-commerce businesses. Per Statista, Global retail e-commerce sales are forecasted to reach $2.77 trillion this year. Consider that 62 percent of the world’s 7.2 billion population already owns a mobile phone, and by 2019, over 5 billion people will have access to the internet […]

Retail Asia28/09/2017

Restaurants are cashing in on the food delivery boom driven by the likes of Deliveroo and UberEATS, as the fast food industry proves slow to adapt. Financial researcher IBISWorld forecasts revenue growth of two per cent for the restaurant industry in 2017/18, with the combined takings of 28,252 businesses to reach $21 billion. IBISWorld expects […]

Retail Asia13/06/2017

The city was home to around 300 app-based taxis of less than nine seats in 2015. But the figure grew to 2,437 by the early 2016 and 22,000 by late April this year. Giao attempted to blame Uber and Grab for being partially responsible for HCM City’s traffic jams. Meanwhile, the city has more than […]

Retail Asia26/04/2017

Online grocery in China could more than double in growth between now and 2020, according to figures released today by international grocery research organisation IGD, with its current 3.1 per cent share of the country’s total grocery market forecast to leap to 6.6 per cent over the next three years. Driven by the growth of […]

Retail Asia10/04/2017

The rising adoption of cloud computing, especially among small and medium organizations, is fueling demand for new identity and access management business models such as Identity as a Service (IDaaS), Frost & Sullivan said. IDaaS will strike a balance between on-premise and cloud identity management, as well as significantly lower the cost of ownership of […]

Retail Asia15/02/2017

Demand for IT workers has doubled over the past five years, according to the latest VietnamWorks report on salaries, benefits and skills in the sector. Another survey conducted by Hanoi Department of Labor, Invalids and Social Affairs in 2016 shows that, on average, each year Vietnam lacks approximately 78,000 IT workers. The VietnamWorks report said demand for […]

Retail Asia14/02/2017

Juniper Research predicts that by 2021, nearly 3 billion users will be using retail banking services on smartphones, tablets, PCs and smartwatches, up 53% from 2017. The new research titled “Retail Banking: Digital Transformation & Disruptor Opportunities 2017-2021” also predicts that usage will continue to rise as consumers increasingly opt for banks offering the convenience […]

Tag: boom

South Korea’s coffee shop boom – 1 in 10 are losing money

Ramadan an opportunity for E-Commerce Retailers

These 6 Countries Are Booming in E-commerce

Fast food outpaced in new delivery boom

Taxi boom blamed for traffic jams in HCM City

China set for online grocery boom

Cloud boom fuels demand for identity-as-a-service

Vietnam set for IT hiring boom in 2017

Mobile banking to have nearly 3b users by 2021