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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 )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
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 )

Retail Asia09/11/2021

Wright Electric has announced the Wright Spirit a 100 sweater electric aircraft that now joins its flagship electric aircraft the 1. It has four-megawatt class motors and the design is based on its BA4 146 platform. “The Wright Spirit aircraft design builds on the BAe 146 platform – a 100 passenger, 4-engine aircraft known for its […]

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Retail Asia01/11/2021

Citics, a Vietnamese property technology (proptech) startup, said it mobilized $1.3 million in its latest round of funding, to expand its existing business and invest in new technologies. In a recent Series A bridge round, Citics secured $1.3 million from Ho Chi Minh City-based Vietnam Investments Group, Singapore-based Vulpes Investment Management and Hanoi-based BHS Group. […]

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Retail Asia20/10/2021

One Mount provides solutions covering the entire financial services, distribution, real estate, and retail-sector value chain. Approved in June 2020, the National Digital Transformation Program aims to turn Vietnam into a country with digital technology competitiveness comparable to those of developed nations. This sets favorable conditions for Vietnam to actively capitalize on opportunities brought on […]

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Retail Asia29/09/2021

The Singapore-based neobank has raised a $158 million led by renown VCs and fintech founders. Aspire is looking to double down on existing markets, while building the foundations to serve growing business clients across the whole South East Asia region, the firm said in an announcement on Monday. The oversubscribed funding round consisted of $58 million […]

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Retail Asia16/09/2021

E-pharmacy startup Medigo has received a $1 million investment from venture capital firm Touchstone Partners. The med-tech company, which helps users order medicine from pharmacies in the comfort of their homes, plans to expand its offerings to telemedicine and other healthcare services amid growing healthcare spending in Vietnam. Medigo, launched in July 2019, has partnered […]

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Retail Asia15/09/2021

Lender HSBC has lowered its growth forecast for Vietnam from 7.1 percent to 5.1 percent given the ongoing fourth Covid-19 wave that has disrupted key economic activities. “The impact of the Delta variant as it spread across the country and in particular the economic heartland of Vietnam in the south meant a swift re-introduction of […]

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Retail Asia26/08/2021

Taipei-headquartered XREX has named a managing director in Singapore as it sets its sights on expanding its platform in the region. Taipei-headquartered XREX has appointed Christopher Chye as managing director of XREX Singapore and director of product. In this dual role, he will oversee XREX’s businesses and operations in Singapore and play an instrumental role in bringing new […]

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Retail Asia25/08/2021

With shops closed and delivery services facing restrictions due to the Covid-19 outbreak in Hanoi, apartment dwellers have stepped infill the supply gap by selling online. Thu, a clerk at a media company, who is working from home amid the social distancing, said: “I orders goods online for home delivery and pay through bank transfer. […]

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Retail Asia21/07/2021

Indian food delivery startup Zomato Ltd ` will raise US$1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. The sources could not be named as the information has not yet been made public. Zomato did not immediately respond to […]

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Retail Asia21/06/2021

Coworking space operators in Vietnam have launched a number of Covid response services and even prepared for expansion after the pandemic is controlled. This month Dreamplex, which has five coworking spaces in Hanoi and HCMC, unveiled a service called the temporary office for companies with a payroll of at least four. With three facilities in […]

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Retail Asia17/06/2021

Indonesian e-commerce firm Bukalapak is keen to raise as much as US$800 million in an initial public offering (IPO) in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought luster to the local bourse. A mid-year debut could see it […]

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Retail Asia27/05/2021

Tokyo, Japan – Yoshihide Suga, Japan’s prime minister, said on Thursday that he wants to lead the development of international norms for next-generation communications and set up Indo-Pacific digital networks, as part of a deep and aggressive post-COVID agenda. Suga also reiterated hopes to extend the Trans-Pacific Partnership and pledged to step up efforts to […]

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Retail Asia10/05/2021

Indonesia-based ride-hailing company Gojek will start offering car rides service in Vietnam in the next few weeks and allow cashless payments later this year. Gojek Vietnam CEO Phung Tuan Duc said Wednesday that the new service will be called GoCar. He did not mention a specific date for the launch but said the service will […]

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Retail Asia05/05/2021

Australian & New Zealand Banking Group is open to potential acquisitions for domestic growth, including retail assets from Citigroup’s retreat. Chief executive Shayne Elliot said that ANZ was in a really strong position to seek growth opportunities, according to a report. Elliot did not rule out potential acquisitions like retail assets from Citi, which recently […]

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Retail Asia03/05/2021

Vietnamese game studio Topebox and its blockchain partner KardiaChain have raised $1 million for an upcoming blockchain game called My DeFi Pet. The investors include Shanghai-based venture capital firms Axia8 Ventures, OKEx Blockdream Ventures, and the venture capital fund of cryptocurrency exchange OKEx in Hong Kong. Vietnam-based venture capitalist Megala Ventures and Chinese game developer […]

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Retail Asia23/03/2021

E-commerce businesses in Hong Kong are set to recapture their growth hit by the COVID-19 pandemic, with supply chain and logistics issues and a decline in sales, Paypal’s new study showed. Despite the obstacles brought by COVID-19, two-thirds (61%) of businesses surveyed are anticipating a recovery at the end of 2020, along with the measures […]

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Retail Asia30/09/2020

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Russia’s InDriver has become the latest entrant in Vietnam’s growing but fiercely competitive ride-hailing market, joining several foreign and domestic firms in the fray. Starting this month, the company is offering car and motorbike ride-hailing services in the central province of Thua Thien Hue, the southern city of Can Tho, and the northern city of […]

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Retail Asia27/08/2020

Eight casinos in Vietnam saw their combined revenues rise 60 percent from 2018 to VND2.5 trillion ($108 million) last year. These eight establishments were licensed before March 2017, when the government began a trial project allowing Vietnamese to gamble in local casinos, according to a recent report by the Ministry of Finance. Earlier, only foreigners […]

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Retail Asia30/01/2020

AirAsia Group has recorded a 9% increase year-on-year (y-o-y) in the number of passengers carried to 13.17 million for the fourth quarter ended December 2019 from 12.11 million passengers previously. In the same period, the carrier’s capacity expanded by 11% y-o-y to 16.02 million passengers from 14.38 million, driven by large increases in Indonesia and […]

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Retail Asia04/09/2019

Lovisa managing director Shane Fallscheer told investors on Thursday he was pleased to deliver a “solid result” for FY19 in one of the more difficult trading environments the fashion jewelry retailer has experienced in recent times. Revenue was up 15.3 percent year on year to $250.3 million, thanks to the addition of 64 new stores […]

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