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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 Asia06/02/2024

Nokia has signed a lot of 5G patent agreements in the last year. The Finnish company recent convinced Oppo that it’s better to make use of technology that other companies patent by simply paying for it. Today, Nokia is signing yet another 5G patent agreement, this time with another Chinese smartphone maker, vivo. Granted, this is […]

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Retail Asia06/03/2023

Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China’s Geely Automobile Holdings Ltd plan to set up jointly, they said on Thursday. Reuters reported in January that Aramco has been involved in advanced discussions to take up to 20% stake […]

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Retail Asia24/01/2022

Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines. The San Diego, California, company once known for its mobile phone chips has created a range of automotive offerings, from self-driving car […]

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Retail Asia01/11/2021

Budget airline Vietjet has signed a $400-million agreement with British company Rolls Royce for aircraft engines for its wide-body fleet and engine servicing. The signing ceremony on Sunday was witnessed by Prime Minister Pham Minh Chinh, who is in the U.K. for the 26th United Nations Climate Change Conference, according to a statement from the […]

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Retail Asia10/09/2021

The U.S. fintech giant announced a mostly cash deal to acquire Japan’s buy now, pay later (BNPL) payments platform Paidy for ¥300 billion (about $2.7 billion) on Wednesday. The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan, the third-largest e-commerce market in the world, complementing the company’s existing cross-border e-commerce […]

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Retail Asia10/03/2021

Hong Kong-listed shoe retailer Le Saunda says same-store offline sales rose by 13.8 percent in the February quarter after it rationalized its store network. In a positive profit alert issued to the Hong Kong Stock Exchange, chairman James Ngai said group sales rose 5.2 percent year on year after a net 52 stores closed in […]

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Retail Asia18/01/2021

Swiss bank UBS is reportedly poised to pour several hundred million into a payments start-up in India. The investment is alongside some of the Swiss wealth manager’s ultra-rich clients. Zurich-based UBS is negotiating a $400 million investment in Paytm, an Indian e-commerce payment system Bloomberg reported on Thursday, citing people close to the talks. The bank’s asset […]

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Retail Asia23/11/2020

The 20th might be behind us, but that doesn’t mean that the Black Friday offers are over! Samsung has refreshed its store with a new slew of offers, bringing the prices of many TV models down. You can save up to $3,000 on a nice new QLED or browse through the many offers on smartphones, […]

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Retail Asia22/09/2020

U.S. President Donald Trump told reporters gathering to see him off to a campaign rally, that he has approved “in concept” Oracle’s bid for the U.S. operations of TikTok. The short-form video app, owned by China’s ByteDance, has been accused by the Trump administration of being a national security threat because it could pass along […]

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Retail Asia27/01/2020

A filing made by Broadcom with the SEC revealed that Apple has signed two multi-year deals with chipmaker Broadcom that are separate from current agreements with the latter that supply Apple with radio frequency components and modules. Altogether, Apple’s business could generate $15 billion in revenue for Broadcom. In December, Broadcom said that business from Apple […]

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Retail Asia03/12/2019

Subject to regulatory approvals, the LVMH-Tiffany deal is sealed: the French luxury fashion powerhouse will take over the iconic New York City-headquartered jeweler. But it may be mid next year before the transaction is completed after shareholder and regulatory processes are complete. LVMH will pay US$135 per share in cash for Tiffany, giving the jeweler […]

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Retail Asia29/11/2019

Metcash shares have dropped more than 10 percent to a four-month low after 7-Eleven chose not to renew its contract with the wholesale food and beverage supplier when it expires in August. Metcash on Friday said its annual sales to 7-Eleven total about $800 million a year, mostly in lower-margin tobacco products. “Metcash was unable […]

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Retail Asia04/09/2019

Chinese discount merchandise chain Miniso has signed cooperation agreements with partners from six new countries and regions – the UK, France, Maldives, Reunion Island, Aruba and Curacao. Miniso now operates in more than 90 countries and regions, taking it closer to its target of opening “10,000 stores in 100 countries with 100 billion sales volume” […]

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Retail Asia20/06/2019

Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese carmaker that a deal could further weaken its position in a 20-year alliance with Renault. Nissan Motor Co Chief Executive Hiroto Saikawa likely first caught wind of the merger plan […]

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Retail Asia26/02/2019

Vietnam’s newest carrier, Bamboo Airways, which began flying last month, is set to sign a deal with Boeing to buy 10 aircraft. The signing will take place on the sidelines of the second summit between U.S. President Donald Trump and North Korean leader Kim Jong-un in Hanoi on Wednesday and Thursday, an unnamed airline executive […]

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Retail Asia25/02/2019

Vietnamese budget airline Vietjet will sign next week a deal to buy 100 narrow-body Boeing aircraft. The signing will take place on the sidelines of the upcoming Trump-Kim summit, sources said. The sources also said Vietjet will finalize next week a provisional deal agreed last year to buy 100 narrow-body Boeing 737 MAX jets worth […]

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Retail Asia05/02/2019

Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences. Fresh from its Hong Kong initial public offering last month, Fosun Tourism Group is making good on its intention to use the proceeds to develop two new integrated resorts in China, announcing properties under […]

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Retail Asia30/01/2019

Sime Darby Plantation Bhd (SDP) and Sarawak Land Consolidation and Rehabilitation Authority (Salcra) have signed a memorandum of understanding (MoU) to form a collaborative framework to establish, strengthen and encourage synergistic commercial cooperation along the palm oil value chain. The collaboration aims to uplift Sarawak’s palm oil industry standards in terms of operational efficiency and […]

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Retail Asia30/01/2019

The sale of convenience store chain Ministop fell apart as potential bidder Lotte and the Japan-based convenience franchise failed to agree on a price. The AEON Group of Japan, the largest shareholder of Ministop Korea, filed a notice on Monday that it has suspended the sale process to sell its full stake in the unit. […]

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Retail Asia29/01/2019

Facebook reportedly finally agreed to pay data traffic fees to SK Broadband after two years of negotiations. According to local media reports Sunday, the social media giant and internet provider agreed to a two-year network usage deal to set up a cache server for temporary data storage and provide fast Facebook access to SK Broadband […]

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