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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
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14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
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10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )

Retail Asia07/12/2022

Jollibee Foods Corp, the biggest fast-food operator in the Philippines, is in advanced discussions to sell a minority stake in its Vietnamese coffee chain Highlands Coffee, two sources with knowledge of the matter told Reuters. Jollibee, controlled by Philippine billionaire Tony Tan Caktiong, is considering a sale that could value the fast growing coffee chain […]

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Retail Asia21/11/2022

The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group’s grocery chain that will see the two launch co-branded products. Freshippo will begin sales next month at its stores, of which it has more than 300, as well as through its official app, […]

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Retail Asia17/11/2022

Seedcom, the operator of The Coffee House beverage chain and June fashion outlets, gained revenues of over VND1.5 trillion ($60.5 million) in the first 9 months, a 50% year-on-year surge, despite losses. The company posted losses in the period, Seedcom CEO Nguyen Hoanh Tien said, not revealing the exact amount of loss. It is expected to […]

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Retail Asia03/11/2022

US coffee chain Starbucks has expanded its footprint into Laos under the partnership with its licensee Coffee Concepts, a subsidiary of Hong Kong-based Maxim’s Caterers. The Laos launch marks Starbucks’ 84th market globally, “reaffirming the company’s long-term commitment to continued growth across Southeast Asia” the company said in a statement. Coffee Concepts already operates more […]

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Retail Asia26/10/2022

Former executives of Luckin Coffee, Jenny Qian and Charles Lu, have introduced the first location of their new coffee venture Cotti. Earlier this year, the coffee chain was reported to be registered with a capital of $100 million with Qian as the legal representative. Cotti’s management team include employees of Lu from Luckin Coffee and […]

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Retail Asia21/10/2022

Indonesian coffee chain Kopi Kenangan has launched its first store in Malaysia under the name Kenangan Coffee. The store, which sells the brand’s exclusive coffee drinks, is situated in the Kuala Lumpur shopping centre Suria KLCC. This is a part of the company’s strategy for international growth, and co-founder and CEO Edward Tirtanata said Malaysia […]

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Retail Asia19/10/2022

Starbucks India has opened its first flagship Reserve store in Mumbai, Maharashtra. The 5200sqm Starbucks Reserve Fort Mumbai sells beverages, food and Reserve merchandise, such as black and gold mugs and tumblers with the Starbucks Reserve trademark. The flagship is decorated with a contemporary colour scheme and a Starbucks Siren made by two local artists […]

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Retail Asia17/10/2022

Coffee may be a major casualty of a hotter planet. Even if currently declared commitments to reduce emissions are met, our new research suggests coffee production will still rapidly decline in countries accounting for 75% of the world’s Arabica coffee supply. Arabica coffee is one of two main plant species we harvest coffee beans from. The plant evolved […]

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Retail Asia28/09/2022

Starbucks Tuesday celebrated its 6,000th store in the Chinese mainland, located in downtown Shanghai. Shanghai thus became the first city in the world to have 1,000 Starbucks stores, Starbucks China said. In 2018, Starbucks announced it would have 6,000 stores on the Chinese mainland by the end of its fiscal year in September 2022. The […]

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Retail Asia23/09/2022

Coffee trading remained subdued in Vietnam this week due to a lack of beans, with traders awaiting the new crop season that starts next month. Farmers in the Central Highlands, Vietnam’s largest coffee-growing area, sold beans COFVN-DAKat VND46,900-47,200 ($1.98-$1.99) per kilograms, down from last week’s VND47,000-48,200 range. “Trade is muted now as everyone is waiting […]

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Retail Asia21/09/2022

Vietnam-based coffee chain Trung Nguyen Legend is expanding its footprint in the international market opening its first store in China. The coffee shop, which is situated at 699 Nanjing Street in Shanghai, has been in the works since 2018 and intends to provide Chinese clients with a variety of coffee products as well as serving […]

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Retail Asia15/09/2022

Tech-powered coffee chain Flash Coffee has collaborated with lifestyle brand Ageless Galaxy Streetwear to unveil the ‘Push’n Boundaries’ collection. The collection features five items including three streetwear-style tees, a metal pin and a sticker pack. These will be sold in Singapore, Indonesia, Thailand, Taiwan, Hong Kong and South Korea. According to Flash Coffee, the partnership […]

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Retail Asia15/09/2022

Miracle Coffee will launch a 90-day pop-up café kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands by the end of September 2022, ahead of a brick-and-mortar store launch in the museum’s lobby next year. Miracle Coffee said the kiosk will only serve beverages, including an exclusive for the location called Kaya Cloud. Further […]

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Retail Asia15/09/2022

Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores and renovations, the coffee chain said on Tuesday. The company is introducing technology to speed […]

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Retail Asia13/09/2022

Japanese boutique coffee group % Arabica has made its debut in South Korea with a store in Seoul. Located at Starfield Library, the store is % Arabica’s 125th location globally following recent first-time launches in Bali and Taiwan in August 2022. Opening its first store in Kyoto, Japan, in 2014, the boutique coffee group currently operates across 19 […]

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Retail Asia06/09/2022

Queensland-based Aromas Coffee Roasters has been acquired by local Indigenous-owned company SupplyAus Holdings for an undisclosed sum. Aromas Coffee Roasters boasts a 47-year history, serving more than 300 locations in the state, while SupplyAus was co-founded by Adam Williams, a Wiradjuri man, and Shane Andrews, a descendant of the Mununjali people in 2018. SupplyAus CEO, […]

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Retail Asia06/09/2022

Aeon Hong Kong is set to open the territory’s first Komeda’s Coffee store next month after securing the regional franchise rights to the Japanese cafe chain earlier this year. Aeon Hong Kong said the Komeda’s Coffee store will be situated inside Aeon Style Huangpu and adopt Japanese traditional architecture. Komeda’s Coffee was founded in 1968 […]

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Retail Asia02/09/2022

Starbucks today announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Narasimhan will join Starbucks as incoming ceo on October 1, 2022 after relocating from London to the Seattle area and will work closely with Howard Schultz, interim ceo, before assuming the ceo […]

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Retail Asia31/08/2022

Seedcom Joint Stock Company, owner of The Coffee House and delivery company AhaMove, reported a loss of VND287 billion (US$11.96 million) for the first half, a 11% rise year-on-year. Seedcom CEO Nguyen Hoanh Tien said that the losses stemmed from two reasons, the first being the intensified investment and expansion into the B2B segment with omni-channel […]

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Retail Asia26/08/2022

“Ediya Coffee will open an Ediya Coffee store in Guam, the U.S. autonomous territory, in December this year,” said Chairman Moon Chang-ki on Aug. 23. This is the company’s first overseas store. Ediya currently operates about 3,000 coffee shops in Korea. Chairman Moon said, “We will make it possible to taste Ediya Coffee anywhere in […]

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