gen z

Retail Asia14/02/2024

Many Gen Z people are struggling to find jobs as businesses scale down operations amid the economic downturn. Ho Chi Minh City has over 300,000 businesses, but none of them were willing to hire Thanh Nga, 25, last year. “I have experience in customer service but was not able to find a job after submitting […]

Retail Asia28/02/2023

After garnering two million downloads within two weeks of its launch, Bondee’s Gen Z users have got past the novelty factor. Bondee’s is a story of social media hype punctured by a sharp truth that the loyalty of digital natives is hard-earned, experts say The rise of Singapore-based metaverse newcomer Bondee was impressive: two million downloads […]

Retail Asia11/10/2022

1665453004_Konvy-Founders-L-R_-Leon-Huang-Co-founder-Pornsuda-Vangvidhayakul-Managing-Partner-QingGui-Huang-CEO-and-co-founder.jpeg

Founded 10 years ago, Konvy is now Thailand’s top beauty e-commerce platform. It plans to accelerate its omnichannel and international distribution with a new Series A of $10 million from Insignia Ventures Partners. Konvy was launched in 2012 by Chinese entrepreneur QingGui Huang, who previously managed fashion e-commerce platforms in China. It now works with more than […]

Retail Asia15/07/2022

Over the past decade retailers faced the challenge of managing their own digital transformation, while simultaneously scrambling to serve the needs of a younger and increasingly online-savvy audience – generally accepted as being digitally native. Today, brands are additionally tested to plan and accommodate for the increasing buying power of the emerging 11-24 age group […]

Retail Asia21/12/2021

As Chinese discount retailer Miniso opened its 5000th store this week, the company said it would rebrand all of its US stores $10 N’ Under. The 5000th store is located in Boston, and was one of four US stores to open on the same day. In a statement, the company said its expansion in North […]

Retail Asia26/08/2020

High-end Chinese e-commerce platform Tmall Luxury has implemented new features to boost its brands’ appeal for Gen Z consumers in the region. The three new features include a daily live streaming service on luxury topics, a content-rich magazine channel featuring fashion news, and an upgraded membership program offering personalized services. The features are a response […]

Retail Asia06/12/2019

Generation Z is forecast to become the largest group of airline flyers globally within the next decade, with 1.2 billion flying each year by 2028. More than a third (37%) of this global cohort will be made up of APAC passengers. The LSE estimates that globally, this consumer group currently spends a collective $3.6 billion […]

Retail Asia29/01/2019

All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the size of this new generation alone makes them attractive prospects for retailers, their distinct […]

Retail Asia03/01/2019

An increasing number of young Vietnamese are taking the startup route, willing to take risks and wait for rewards. Pham Khanh Linh seemed to be all set on a rewarding career, finding a job at global financial firm Goldman Sachs after graduating from the Cambridge University. But she quit the job in less than a […]

Retail Asia27/12/2018

Each Saigon resident spends $11.5 on average per month on convenient foods and drinks, a consumer research firm says. The product groups most often chosen by consumers are non-alcoholic drinks, nutritional beverages, confectionery and snacks like instant noodles, sausages and pies, according to a study on Saigon consumers’ out-of-home (OOH) spending. The study was recently done […]

Retail Asia11/12/2018

Millennials are driving growth in Indonesia’s e-commerce industry as they buy a wide range of items, from clothes and gadgets to phone credit and electricity tokens, from online outlets with increasing frequency, according to a recent report from market research and consulting firm Ipsos Indonesia. The E-Commerce Outlook 2018 report released on Monday looked at the […]

Retail Asia22/10/2018

Some brands have embraced digital better than others, as evidenced by their popularity online. According to a new report by Luxe Digital, the top 15 most popular luxury brands online are particularly successful at building online awareness but also at forging deep emotional connections with their audience—particularly young affluent consumers. The ranking provides a good gauge of […]

Retail Asia05/09/2018

From a shared workspace in Shoreditch, Threads Styling sells luxury fashion to ultra-wealthy twenty-somethings from around the world the same way they are used to chatting with their friends: via social media messaging platforms like WhatsApp, Snapchat, Instagram and WeChat. A recent Instagram Stories posted by Threads, called “Fresh Fendi Finds,” shows a video of […]

Retail Asia23/01/2017

Despite being the first “digitally native” generation, Generation Z – people born from the late 1990s through 2010 – still prefer to shop in bricks-and-mortar stores, according to a new study released IBM and the National Retail Federation. Though this generation grew up not knowing the world before cellular phones, smartphones, and other digital devices, […]

Tag: gen z

Gen Z grapples with shrinking job market

Is it already ‘game over’ in the metaverse for Bondee, Singapore’s avatar-based app?

Thai beauty e-commerce platform Konvy bags $10 million in series A

Understanding Modern Retail Through the Gen Z Filter

Miniso to rebrand US stores as $10 N’ Under banner to attract Gen Z

Tmall seeks to boost engagement with Chinese Gen Z luxury consumers

APAC Gen Z passengers are transforming inflight e-commerce

How to deal with centennials

Startups blooms in Vietnam, liked by youngster

Saigonese spend $11.5 a month on convenient food and drinks

Millennials Dominate Indonesia’s Online Shopping Scene

The 15 hottest online luxury brands in 2018

How to get GEN Z?

Digital native Gen Z prefers to shop in-store