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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia18/09/2023

China’s Shein has allocated an additional US$85 million over five years for its Global Community Empowerment Commitment. The fund will bring the company’s ESG roadmap pledge to $155 million, following the $70 million committed last April. The strategy, dubbed ‘EvoluShein’, consists of nine environmental and social priorities organized under three strategic pillars – People, Planet […]

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Retail Asia06/09/2023

China’s ban on Japanese seafood due to fear of radioactive contamination has Vietnamese firms seeing opportunities to ship more products, but the gain has been marginal as Chinese demand drops. On August 24, China imposed a total ban on Japanese seafood products after the latter started discharging its treated radioactive water from the wrecked Fukushima […]

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Retail Asia30/08/2023

Fake accounts on social media aren’t something new. Most likely, many of us have come across at least one fake account during our time on social media. Facebook reportedly holds the largest number of fake accounts compared to any other social network in the world. However, it appears that Meta has managed to eliminate at […]

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Retail Asia22/08/2023

TH International Limited has set a goal to open 1,700 Popeyes eateries across China in the next decade, a source with direct knowledge of the matter said, after it relaunched the Cajun-inspired fast food chicken chain Popeyes in the country last Saturday. TH International, also known as Tims China, took over as the exclusive operator […]

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Retail Asia22/08/2023

Specialty dairy company A2 Milk’s full-year profit is up by a third, driven by strong growth in its China section, despite challenging market conditions. Though it was expecting growth in the Chinese market to slow next year. Key numbers for the year ended June compared with a year ago: net profit $155.6m vs $114.7m revenue […]

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Retail Asia17/08/2023

Vietnam exported 757,600 tons of rubber for over US$1 billion to China in the first seven months of this year, accounting for 99.8% of its total rubber exports. Vietnam is China’s second largest rubber supplier after Thailand. Its shipments to China were up 12% in volume but down 10% in value year-on-year. The price in […]

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Retail Asia17/08/2023

Pan Pacific International Holdings, the company that operates the Don Quijote discount chain, reported on Wednesday a net profit of 66.1 billion yen ($455 million) for the fiscal year ending June, hitting a record profit for the 14 consecutive year thanks to foreign tourist spending. Revenue reached 1.9 trillion yen, and operating profit was at […]

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Retail Asia17/08/2023

Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off. JD.com saw increased traffic on the back of purchases ahead of the holiday season and as people attending offices and social functions continued to upgrade their wardrobes. […]

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Retail Asia17/08/2023

Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader’s platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community. Users searching for “Gucci” […]

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Retail Asia16/08/2023

Canada’s corporate ethics watchdog said on Tuesday it was investigating Ralph Lauren’s Canada unit to probe allegations the apparel retailer’s supply chain and operations in China used or benefited from the use of Uyghur forced labor. The Canadian Ombudsperson for Responsible Enterprise (CORE) said it had published an initial assessment report after complaints filed by […]

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Retail Asia08/08/2023

Lynk & Co cars will be sold in Vietnam from October, according to their distributor GreenLynk Automotive. The brand is jointly owned by China’s Geely and Volvo Car, who develop the cars on the compact modular architecture Evo platform with engines produced in Sweden and the vehicles assembled in China, GreenLynk said. Its models have […]

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Retail Asia03/08/2023

Innovation Precision Vietnam, a unit of a Chinese manufacturer, has received licenses to build a $165 million aluminum factory in the central province of Nghe An. The company, a subsidiary of aluminum products manufacturer Shandong Innovation Metal Technology, will build a plant with the capacity to produce 100,000 tons of aluminum a year, according to […]

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Retail Asia18/07/2023

China’s Xiaomi 1810.HK will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea’s Samsung 005930.KS. E-commerce sales in India via Amazon AMZN.O and Walmart’s WMT.N Flipkart have surged in recent years, helping Xiaomi and others expand in one […]

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Retail Asia29/06/2023

Samsung Electronics said Wednesday it will open a six-story flagship store in Gangnam, southern Seoul, to offer customers, especially the Gen Z population, more personalized services and experiences. In a media event, one day prior to the public opening, the tech giant said it expected the Samsung Gangnam store to serve as a “playground” for […]

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Retail Asia29/06/2023

Truong Hai Group (Thaco Group) is looking for investors to sell a 10% stake in automobile manufacturing and distributing subsidiary Thaco Auto. Nguyen Hung Minh, vice chairman of Thaco Group, said Wednesday that the sale of 10 percent of shares in Thaco Auto is meant to raise funds for production and business, investment in expanding […]

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Retail Asia22/06/2023

Alibaba Group has appointed Joseph C Tsai and Eddie Yongming Wu as the company’s new chairman and CEO respectively, marking the group’s one of the most significant organisational changes. The appointments will take effect on September 10. Tsai and Wu will succeed Daniel Zhang, who will continue to lead Alibaba Cloud Intelligence Group as chairman […]

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Retail Asia20/06/2023

Vietnam’s durian export value reached more than US$500 million in the first five months, an increase of more than 18 times against the same period last year. According to the General Department of Customs, during the period, vegetable and fruit exports stayed at $2.03 billion, up 43% over the same period last year. The main […]

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Retail Asia05/06/2023

LVMH.PA chief Bernard Arnault is set to visit China, two sources told Reuters on Thursday, as European luxury goods makers closely track the pace of recovery of the key market following three years of COVID disruptions. One of the sources close to the matter said Arnault’s visit to the all-important Chinese market, which comes after high-profile […]

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Retail Asia31/05/2023

The opening of China’s financial sector has hit a speed bump, particularly amongst US banks, due to a changing business environment. In 2019, China decided to accelerate the opening of its financial sector with the introduction of various new measures, including the elimination of foreign ownership limits. At the time, mainland China’s financial market had an estimated value of […]

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Retail Asia22/05/2023

The U.S. has banned phones and networking equipment from Huawei and ZTE due to fears that these companies’ products have backdoors that send information to Beijing. This weekend, China went on the attack against U.S. memory chip maker Micron Technology by banning its chips from the country. According to the South China Morning Post (SCMP), Micron is […]

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