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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 )
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 )

Retail Asia07/04/2021

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it is the No. […]

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Retail Asia02/04/2021

South Korea’s Ministry of Science and ICT has announced plans to release low-cost 5G mobile data plans to raise the competitiveness of the country’s 5G market. The ministry reported that tariffs will be announced, with mobile data rates offered by mobile virtual network operators (MVNOs) priced below those offered by the country’s major carriers SK […]

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Retail Asia30/03/2021

Department store sales jumped 40 percent in February against a year-ago period in the biggest year-on-year gain since the data became available from 2005 to suggest a rebound in private consumption in South Korea. According to the Ministry of Strategy and Finance’s monthly economic review, department store sales jumped 39.5 percent on year in February, […]

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Retail Asia18/03/2021

South Korea’s SK Telecom, retailer Shinsegae Group and private equity firm MBK Partners were among those that entered non-binding, preliminary bids for the sale of eBay Inc’s South Korean business, the telecom company, and two sources with knowledge of the matter said on Tuesday. EBay Korea operates open market e-commerce platforms Gmarket, Auction and G9, […]

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Retail Asia16/03/2021

Nokia has today announced that it will conduct a 5G Business-to-Business (B2B) digital platform trial for LG Uplus. Once deployed, the platform will allow LG Uplus to reduce time-to-market for launching 5G-powered services to its enterprise and business vertical customers. The platform will also enable LG Uplus to address new business segments, including Industry 4.0, […]

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Retail Asia16/03/2021

Starbucks Malaysia today unveiled Starbucks Reserve Tropicana Gardens, the largest in the market. Located in the heart of the bustling community between Kota Damansara and Tropicana Indah, the store features two bars: the main bar offering all core and seasonal handcrafted Starbucks beverages, as well as a coffee bar that offers six different brewing methods, […]

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Retail Asia12/03/2021

Coupang LLC, South Korea’s largest e-commerce company, raised $4.2 billion in the biggest share offering in the United States this year after selling stocks in the IPO above its deal target range, people familiar with the matter said. The initial public offering price of $35 apiece, higher than the marketing range $32-$34 per share, gives […]

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Retail Asia02/03/2021

H&M’s ‘Nordic lifestyle brand’ Arket has opened its first brick-and-mortar store in Seoul, South Korea. Located at Yeouido’s department store The Hyundai Seoul, the Arket South Korea store spans 8000sqft and features the brand’s collections of New Nordic design for men, women and children. The flagship store also houses an Arket cafe, offering vegetarian dishes, […]

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Retail Asia12/02/2021

Perfume sales in South Korea have gone up despite the suspension of perfume testing at department stores. Last December, South Korean retailers suspended all practices of testing cosmetic samples at offline vendors in accordance with government regulations, which has led to a plunge in cosmetics sales at department stores. Cosmetics sales at Lotte Department Store […]

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Retail Asia11/02/2021

A Chinese-language bookstore from Wuhan opened its first overseas store today in Singapore. The Zall Bookstore, popular in the main city of China’s Hubei province, opened its doors to bookworms at the Wheelock Place mall on Orchard Road. The two-story space houses a wide collection of more than 30,000 books, some of which are displayed […]

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Retail Asia01/02/2021

Brands in the tech sector are likely to record mixed fortunes as a result of the COVID-19 pandemic, with retail tech brands predicted to fare the best compared to leisure and tourism tech brands, which are expected to suffer considerably, according to the latest report by Brand Finance. The top 100 most valuable tech brands, […]

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Retail Asia27/01/2021

British home appliance maker Dyson Ltd. said Thursday it will open its first flagship store in South Korea this week as the company eyes to expand its sales amid the pandemic. Dyson Demo Store will open at IFC Mall in western Seoul on Friday, featuring all of Dyson’s products and services. It is the first […]

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Retail Asia26/01/2021

South Korea has launched an antitrust investigation into Google over its plans to enforce commission fees for in-app purchases made through its mobile application store, a top official said Thursday. The U.S. tech giant has come under intense scrutiny from South Korean regulators after it updated its global policy late last month to make all […]

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Retail Asia14/01/2021

A South Korean startup has developed an AI-powered dog collar that can detect five emotions in canines by monitoring their barks using voice recognition technology. The Petpuls collar can tell pet owners through a smartphone application if their dogs are happy, relaxed, anxious, angry or sad. It also tracks dogs’ physical activity and rest. “This […]

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Retail Asia13/01/2021

Joining the market later than competitors, Baemin, a food delivery application of South Korean unicorn Woowa Brothers, concentrates on rider training and supporting food stores. Tuan, 28, from HCMC, is on his way to the headquarter of Baemin in District 3 to take part in a training course. He said, by the end of the […]

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Retail Asia24/12/2020

Last year, we got to know about the SolaRoad in the Netherlands where the road was replaced by solar panels and its infrastructure was self-sufficient to power the lighting system of the highway. Now there’s a new highway in South Korea that runs between Daejon and Sejong and its entire bike lane on the 32 […]

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Retail Asia15/12/2020

How art and apps drove growth for K11 malls – before and after pandemic. Revenge consumption has helped K11 shopping centres across Mainland China and Hong Kong flourish in the wake of the Covid-19 pandemic as the company worked to attract customers back to spending mode – and away from rival malls.

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Retail Asia10/12/2020

South Korea’s largest supermarket chain operator Emart Inc. is pulling out of Vietnam, the second major Asian market after China, in the face of regulatory hurdles. The retailer opened its first outlet in Vietnam’s Go Vap district in 2015 and had procured a site at Ho Chi Minh City for a second opening last year. […]

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Retail Asia03/12/2020

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Out of 185,595 South Korean cars sold in Southeast Asia last year, Vietnam accounted for 59 percent. While the Vietnamese auto market only ranks fourth in size in the region, its contribution to the sales of Hyundai and Kia, two major Korean brands, has been remarkable. Since 2018 Vietnam has accounted for more than half […]

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Retail Asia01/12/2020

Apple is preparing to open its second retail store in South Korea. Located in Seoul’s main finance district, Apple Yeouido will make direct sales and support accessible to a whole new community. Apple first welcomed customers in South Korea in 2018, when Apple Garosugil opened in Seoul’s Gangnam area. The same experience is coming to Yeouido, an island bordered […]

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