Capital

Retail Asia12/07/2019

Pre-owned luxury fashion retailer Vestiaire Collective has completed a €40 million round of financing led by BPIFrance and new CEO Max Bittner. The new round is expected to facilitate the launch of new technology solutions for the fashion ecosystem, empower its community through the lens of its platform, and fuel continued international growth. The investment […]

Retail Asia29/05/2019

Vietnam private equity firm Mekong Capital has issued funding to pharmacy chain Pharmacity. Pharmacity is now the eighth company to receive funding from Mekong’s latest financing round, following the firm’s investment in mattress producer Vua Nem last year. With 186 outlets retailing both traditional Vietnamese and Western medicines, Pharmacity is the country’s most widespread network […]

Retail Asia26/02/2019

Most Vietnamese banks fall short of international capital adequacy norms and have to focus on attracting foreign capital this year, Moody’s has said. The credit rating agency said in a release Monday that “the underdevelopment of the domestic capital markets” means the banks would have to look to foreign investors to meet the capital requirement […]

Retail Asia25/02/2019

Foot Locker has announced a US$275 million capital expenditure program for this year, with Asia singled out as a target market. The investment is $75 million more than the US-headquartered sports-shoe and apparel retailer allowed for last year. “The capital spending planned for this year reflects increased investments in the company’s store fleet in all […]

Retail Asia10/01/2019

Kamereo, a Vietnamese sourcing platform for restaurants, has raised $500,000 in seed funding from Japan’s Genesia Ventures and Velocity Ventures Vietnam. Japanese Taku Tanaka, founder of Kamereo, said the newly acquired money would be used to upgrade the platform’s service offerings and strengthen the customer care team. “We use technology to solve the buying and sourcing […]

Retail Asia03/12/2018

LG Electronics announced on Thursday that it has opened an entrepreneurship center for young people at an existing technical and vocational education center run jointly by LG and the Korea International Cooperation Agency (Koica) in Addis Ababa, Ethiopia. The existing job training center, the LG-Koica Hope TVET (Technical and Vocational Education and Training) College, was […]

Retail Asia15/11/2018

In an apparent u-turn, transport giant Tracodi has approved divestment of its 30 percent stake in Vinataxi. Just months after saying it intends to increase its stake in Vinataxi, renew its fleet and install driver software, the Transport and Industry Development Investment Corporation (Tracodi) has decided to pull out. Tracodi has authorized Nguyen Thanh Hung, […]

Retail Asia14/11/2018

LVMH-back private equity fund L Catterton Asia has partnered with Mitsui & Co to take an unspecified stake in fast-growing Japanese eyewear retailer Owndays. The funds will be used to accelerate the retailer’s across the Asia-Pacific region. Owndays, which began its Southeast Asia rollout in 2013 opening a store in Singapore, now has 115 stores […]

Retail Asia06/07/2017

Tidak-Liburan-Ke-Luar-Kota-Ide-Staycation-Dan-Liburan-Di-Jakarta-Ini-Akan-Sangat-Membantu-Kalian-1024x730.jpg

The Government of Indonesia is determined to relocate the state capital Jakarta out of Java Island to avoid total traffic gridlock by 2020. President Joko Widodo, better known as Jokowi, had urged the National Development Planning Board (Bappenas) to conduct a feasibility study on the possible location, and Palangkaraya in Central Kalimantan was one of […]

Retail Asia15/11/2016

The Volvo Group invites financial analysts and institutional investors to the Volvo Group Capital Market Day, to be held in Eskilstuna, Sweden on May 23, 2017. The Capital Market Day on May 23 will start at 9:00 a.m. at Volvo CE Customer Center in Eskilstuna, Sweden, and finish with a dinner in the evening. The […]

Retail Asia19/08/2016

On the agenda for October are four major events in the World Design Capital® (WDC) Taipei 2016 program of International Signature Events: the International Design House Exhibition, International Design Week Forum, International Design Policy Conference, and Network of Cities Meeting. WDC Taipei 2016 extends a warm invitation to participants and visitors from around the world […]

Retail Asia23/06/2016

Amazon.com has said it plans to expand its e-commerce empire to Indonesia, with a $600 million investment for the first year. It makes perfect business sense. Indonesia’s e-commerce space is only about $3.2 billion in sales, a tiny fraction of its $150 billion retail market. Indonesia is also the world’s 4th most populous country with 250 […]

Retail Asia03/05/2016

Indonesian online ride-hailing service Go-Jek is in talks with potential investors to raise fresh funds to expand the business, as the heavy subsidies it gives to drivers to keep rates competitive are unsustainable in the long run, its chief executive said on Friday. Go-Jek, a play on the local word for motorbike taxis, has become […]

Retail Asia22/12/2014

The South Korean retailer Lotte Mart on Thursday opened its 10th supermarket in Vietnam in Tan Binh District of HCM City, contributing to its expansion nationwide. Located at 20 Cong Hoa Street, Lotte Mart Tan Binh has investment capital of USD9 million and covers an area of over 8,500square metres. The supermarket operator, which came […]

Tag: Capital

Fresh capital for Vestiaire Collective to fund Asian expansion

Vietnam Equity Firm buys into Vietnam’s Pharmacity

Foreign investment crucial to Vietnamese banks in 2019: Moody’s

Foot Locker boosts capital expansion

F&B procurement startup lures Japanese investor

LG Electronics supports Ethiopian entrepreneurs

Transport giant to withdraw capital from leading HCMC taxi firm

Owndays sets big expansion across Asia after capital injection

Government committed to relocating Indonesian capital

Save the Date for Volvo Group Capital Market Day 2017

World Design Capital Taipei 2016 plans for world’s design devotees and designers

Amazon To March Into Indonesia With $600 Million: Winners And Losers

Indonesian ride-hailing firm Go-Jek needs more funds in market fight-CEO

Lotte Mart opens 10th supermarket in Vietnam, to have 60 stores by 2020