itochu

Retail Asia10/05/2019

Japan’s NTT Docomo and Itochu Logistics are planning to trial an IoT solution for delivery fleet management in the US. The solution uses devices compatible with low-power, wide-area LTE-M technology to track the status of outsourced trucks in their fleets. The trial will begin in the United States on May 1, 2019. According to the companies, the solution involves […]

Retail Asia26/07/2018

Japan-based e-commerce platform Inagora is teaming with Thailand’s CP (Charoen Pokphand) Group to boost its China business. The joint venture is also researching expansion into Southeast Asia. Inagora targets Chinese shoppers seeking Japanese goods. It boasts 4 million registered users and an inventory of about 40,000 SKUs, ranging from food and household goods through to […]

Retail Asia18/07/2018

Japanese startup Paidy has received US$55 million to build a scheme allowing online shoppers to buys goods without a credit card. The series-C funding was led by Goldman Sachs and Japanese trading house Itochu Corporation Paidy was created because even though Japan’s credit-card penetration rate is high, their usage rate is relatively low, even for […]

Retail Asia23/05/2018

James Riady, the chief executive officer of Lippo Group, one of Indonesia’s largest property conglomerates, met with Itochu chairman and chief executive Masahiro Okafuji in Tokyo on Monday to discuss ways to boost the companies’ cooperation in the regional healthcare sector. Lippo and Itochu are strategic joint venture partners in Lippo’s Healthcare operations outside Indonesia, covering 106 […]

Retail Asia27/11/2017

Itochu and two partners are investing roughly 7.6 billion yen ($67.6 million) in an e-commerce venture selling Japanese goods to the Chinese market in hope to enhance its own forays into China’s internet sector. The Japanese trading house is investing around 4 billion yen into the Tokyo-based startup Inagora, with telecom KDDI and financial services […]

Retail Asia11/10/2017

FamilyMart Philippines convenience-store chain, partly owned by the Ayala and Tantoco groups, is up for auction. With about 70 stores, the Japanese chain has been offered to prospective investors in the past few months. Ayala Land and the Rustan’s group, via their equally owned JV firm Sial CVS Retailers, in 2012 signed a deal with […]

Retail Asia18/01/2017

Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi. Itochu is expected to help Vinatex make a change in textiles and garment production and business method from Cut—Make—Trim to Free on […]

Retail Asia23/05/2016

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A Japanese businessman has revived the established Japanese shirt brand Wasedaya Shirt – in Vietnam. His first outlet is in the Aeon Mall Long Bien in Hanoi, run by Japanese retail giant Aeon and its subsidiary Aeon Mall. Founded in 1903, the Osaka-based company provided custom-made shirts to Japanese consumers for more than a century. […]

Retail Asia18/11/2015

Japanese trading house Itochu has formed a joint venture with Hong Kong based Novo Fashion Retail Group to ramp up the LeSportsac retail presence in Mainland China. Itochu signed an exclusive distribution agreement with Novo back in 2007 to supply LeSportsacs to outlets in major department stores and other retailers. This month, the two companies […]

Retail Asia11/05/2015

Five companies from three nations are banding together to sell imported popular household products like diapers and milk powder in China. The partners are Itochu, Japan’s third-largest trading house; Charoen Pokphand Group, Thailand’s biggest conglomerate; and Chinese companies CITIC, China Mobile and Shanghai Information Investment Inc. An agreement forming the venture, which will operate through a […]

Tag: itochu

Docomo, Itochu Logistics test IoT for delivery-fleet management in US

Japan’s Inagora inks agreement with Thailand’s CP

Online-payment startup Paidy bags US$55m funding

Lippo, Itochu Explore Expanding Cooperation in Asia

Trading house Itochu taking on Alibaba and JD.com

FamilyMart Philippines chain up for auction

Vinatex and Itochu sign strategic co-operation agreement

Wasedaya Shirt brand returns, but not in Japan

LeSportsac to expand China footprint

Itochu, CP Group team up with Chinese companies to set up e-commerce venture in Shanghai FTZ