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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 )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
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 Asia31/10/2022

Vietnam’s rice exports in the January-October period are estimated to have risen about 17.2% from a year earlier to 6.07 million tonnes, government data showed on Saturday. Revenue from rice exports in the period is seen up 7.4% to $2.7 billion. October rice exports from Vietnam, one of the world’s leading shippers of the grain, […]

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Retail Asia17/10/2022

Vietnam’s tra fish exports to Southeast Asia exceeded US$152 million in the first nine months of this year, a year-on-year increase of over 83%. Higher transport costs due to rising fuel prices caused exporters to opt for closer destinations, the Vietnam Association of Seafood Exporters and Producers (VASEP) said, adding that Thailand, Singapore, Malaysia, and […]

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Retail Asia06/10/2022

Food giant Nestle pledged on Tuesday to spend over 1 billion Swiss francs ($1.01 billion) by 2030 on efforts to source coffee sustainably, more than double its previous pledge, as challenges linked to climate change pose particular risks for the bean. Study after study has shown that by 2050 roughly half the land currently used […]

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Retail Asia27/09/2022

hai food delivery app Lineman Wongnai on Monday said it has raised US$265 million from Singapore’s GIC, PTT Oil and Retail Business, Taiwan Mobile, and other investors. The startup said the investment round puts the company’s value at over US$1 billion, making it a ‘unicorn’ firm. The announcement comes as competition heats up among food […]

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Retail Asia19/09/2022

US cinnamon scroll chain, Cinnabon, is reportedly set to open its first store in Darling Square, later in the year. The Seattle-based bakery chain opened its first Australian outpost back in 2020, making its debut in Brisbane thanks to a licensing deal with Queensland import business Bansal Foods. Cinnabon is famed for its fresh cinnamon scrolls, which are cooked in-store […]

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Retail Asia16/08/2022

YUM China Holdings said on Monday (Aug 15) it has applied for a primary listing in Hong Kong, as the company looks to circumvent a risk of delisting from the New York Stock Exchange amid tight regulatory scrutiny on Chinese companies. The move comes on the heels of an audit dispute between China and the […]

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Retail Asia11/07/2022

Looking outside her Beijing coffee shop where seven other nearby cafes including a Starbucks compete for customers, Huang Ying is simply glad to still be in business. In the 17 years since opening her cafe in the trendy 798 Art Zone district, making money has gotten harder – even before the coronavirus. Rent and labour […]

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Retail Asia30/06/2022

Australian pet supplement brand Nectar Of The Dogs – which launched in the Australian market in 2021– is now expanding to meet the needs of overseas dog owners. Through a partnership with Asia Pet World, Nectar Of The Dogs is now available for online purchase and distribution globally, with pet owners in Singapore able to […]

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Retail Asia30/06/2022

Tanachira Retail Corporation Co, the importer and distributor of lifestyle fashion brands including Harnn, Marimekko and Pandora, is eyeing the acquisition of health lifestyle food & beverage operators to help reduce business risks and sustain the company’s long-term sales growth. Tanapong Chirapanidchakul, Tanachira’s chief executive, said the company is exploring opportunities to acquire food and […]

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Retail Asia30/06/2022

Uber Technologies on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app. The announcements are part of Uber’s annual product event where the ride-hail and food delivery company showcases the latest updates to its app. […]

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Retail Asia29/06/2022

Listed fast-food chain operator Collins Foods has reported positive same-store sales growth across both its European and Australian markets despite a turbulent economic climate. The company’s Taco Bell and KFC franchisees in Australia achieved revenue growth of 11 per cent to $1.2 billion with KFC Australia delivering $955.5 million, up 6.1 per cent. KFC’s same-store […]

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Retail Asia27/06/2022

The top brass of food delivery app Zomato are set to come together on the 17th of June to pen to paper and make the acquisition of Indian based start-up company Blinkit officially complete. The deal is set to be of a stock exchange type at a ratio of 1:10 where Blinkit will get a share […]

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Retail Asia27/06/2022

Metcash, the Australian wholesaler and distributor for brands like IGA, Mitre 10, Foodland and more, has today announced a new distribution centre (DC) planned for Truganina, Victoria alongside the release of its FY22 results detailing a rise in revenue and earnings. The approximately 115,000sqm DC will replace the company’s existing Laverton, Victoria facility and will […]

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Retail Asia27/06/2022

Starbucks Vietnam will close its Hanoi outlet after eight years, following the closure of two locations in Vietnam last year. The Starbucks Lan Vien outlet in Hoan Kiem District will operate until June 30, the company said in a Facebook post. Last year, the coffee chain had closed another outlet in Hoan Kiem District and […]

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Retail Asia22/06/2022

Indonesian made-to-order beverage chain Haus! has completed its series B1 funding round to grow its 197-store footprint in Indonesia and develop an app for its customers. Led by Atlas Global Ventures, Hong Kong-based Strategic Holdings and Prasetia Dwidharma, the undisclosed investment follows Haus!’s $2m series A funding in 2020 from BRI Ventures. Founded in 2018, the […]

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Retail Asia20/06/2022

The “Vietnamese lychees go global” forum was held on June 16 to promote lychee exports and take the brand name of the Vietnamese fruit to the next level. Vietnamese lychees have made a name for itself in many international markets. According to Le Hoang Tai, deputy director of the Trade Promotion Department, Ministry of Industry […]

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Retail Asia11/05/2022

Subway has inked a new master franchise agreement with Pegacorn to open 500 new locations across Peninsular Malaysia over the next 10 years. This triples the number of Subway restaurants in the market and steadily increases the annual restaurant count. According to Subway, this partnership is the third of its kind for the brand in […]

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Retail Asia05/05/2022

Many seafood firms have seen a year-on-year surge in profits in the first quarter this year thanks to surging prices and recovering demand. Vinh Hoan Corporation, the largest listed seafood company, posted after-tax profits of over VND550 billion ($23.9 million) in the first quarter, up 4.2 times year-on-year. Cuu Long Fish Joint Stock Company·also saw […]

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Retail Asia05/05/2022

The owner of KFC and Pizza Hut said sales plunged by 20% in the first two weeks of March as a surge of new Covid cases spread across China. Yum China said “the situation has rapidly deteriorated” as regional lockdowns have been put in place to stem the outbreak. More than 1,100 of its stores […]

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Retail Asia08/04/2022

With the last two years seeing more people adopting pets, the Purina factory is now set to meet the growing demand for wet cat food in Australia and beyond thanks to the newly installed state-of-the-art high-speed manufacturing technology. As well, the Purina team has expanded to meet the increased demand, with 20 new jobs now […]

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