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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 Asia05/02/2020

Vietnam’s largest pharmacy retailer Pharmacity has raised VND730 billion (US$31.8 million) in a fresh funding round as it ramps up its expansion plans. According to a statement, the new funding will be used for further store network expansion. However, the identity of the investors was not revealed. Pharmacity, which previously has received backing from Mekong […]

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Retail Asia04/02/2020

Japanese pharmacy chains Matsumotokiyoshi and Cocokara Fine are entering into a merger. Under the terms of the new agreement – if approved by the boards of both sides – shares in the two firms will be transferred to a new business entity, with the transaction expected to be completed by October next year The company […]

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Retail Asia03/02/2020

Swedish furniture and homewares chain Ikea has closed all of its mainland Chinese stores in the wake of the coronavirus outbreak. The decision, announced Thursday, came just hours after the company said it would shutter half its 30-strong network in the country. Ikea China is the latest in a long line of international retail groups […]

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Retail Asia22/01/2020

A seven-level Ikea eco-store is being built in Vienna – with no car parks, targeting pedestrians, cyclists and public transport users. The new venue features a bookcase-style design with green facades and a green roof terrace with plenty of strolling space. The store, designed by Querkraft Architekten, is thought to appeal to the many families […]

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Retail Asia20/01/2020

Wearable technology has come a long way from the original clunky smartwatch, with innovation has taken a giant leap forward in the last five years. And health and wellness have become a key driver of this trend, says GlobalData. Clothes containing technology is becoming a reality as brands such as Levi Strauss join smaller brands […]

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Retail Asia14/01/2020

Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any potential purchaser at this time will inherit a business in the midst of Hong Kong’s […]

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Retail Asia06/01/2020

State power utility EVN will buy around 1.5 billion kWh of electricity a year from Laos for two years starting in 2021. Under contracts it signed on Saturday, Vietnam Electricity (EVN) will buy over 596 million kWh a year from two hydropower plants belonging to Phongsubthavy Group and 632 million kWh from two plants belonging […]

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Retail Asia02/01/2020

Hong Kong lifestyle store ColourLiving has launched a pop-up zone, Wellness Living, featuring a selection of home-enhancing concepts. Occupying 20,000sqft and spanning three levels, Wellness Living is the theme of the curated pop-up, which features three zones – Kitchen, Tailored Tea and Home Pool – all “based on the idea to help pacify the body […]

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Retail Asia10/12/2019

Ikea India is preparing to launch 20–25 more locations, it emerged during a delegation of Swedish royals and businesspeople to the territory that began on Sunday. The firm currently has a store in Hyderabad, and is one of more than 200 Swedish companies operating in India. The country is Sweden’s third largest trade partner in Asia. […]

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Retail Asia04/11/2019

Ikea says it plans to open in Macau in the first quarter of next year. Located in Taipa, the Ikea Macau store will occupy an area of 90,000sqft, offering a wide range of home furnishing products. The new store will feature several showrooms, an Ikea cafe, and a Swedish food market. The store will be […]

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Retail Asia28/10/2019

Ikea India is set to expand into tier-II cities in the second phase of its development after early success in key markets. The Swedish-headquartered furniture-and-homewares giant has established its presence in Hyderabad and Mumbai and is now working on building a large-format outlet in Bengaluru before moving on to Delhi. “We want to bring our […]

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Retail Asia07/10/2019

While Singapore’s net financial assets per capital grew 4.4 percent year-on-year, global economic instability and trade wars are weighing heavily on the global middle class, according to Allianz’s new Global Wealth Report. With net financial assets per capita of €100,370 ($110,201), Singapore has taken the crown from Japan as the richest country/region in Asia, ranking […]

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Retail Asia03/09/2019

It looks like Google no longer allows users to gift Play Music subscriptions via Android. The move is far from being surprising as the app rarely received updates and those that were pushed out added minor improvements and very few new features. The messages someone gets when trying to gift a Play Music subscription reads: “Important – […]

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Retail Asia02/09/2019

Swedish furniture business Ikea has committed to invest further into smart home products and has spun off the Ikea Home smart project team into a dedicated business unit within Ikea Sweden. Ikea Home Smart was initially conceived in 2012 in order to integrate new, smart technologies into Ikea products, such as wireless charging, smart lighting, […]

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Retail Asia28/08/2019

Australian retail design firm Public Design Group and retail consultancy Fitch have collaborated to create a “retail experience of the future” for Malaysian telco Maxis. According to Public Design Group, the new Maxis flagship store at Gardens Mall – which follows the consultancies’ previous collaboration with Singtel – is a contemporary twist on a cafe-style […]

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Retail Asia22/08/2019

Australian furniture business King Living has opened its first showroom in Canada, continuing the brand’s global roll-out which has seen stores open in Shanghai, Singapore, Malaysia and New Zealand. Located in a newly renovated 1000sqm heritage building in shopping district South Granville, Vancouver, the showroom will offer sofa designs, dining ranges, contemporary bed and mattress ranges and […]

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Retail Asia19/08/2019

Fung Group subsidiary LF Products will rebrand itself as Living Style Group. The pure-play furniture and home furnishings company said in a statement the rebrand follows the completion of Li & Fung’s strategic divestment of its three product verticals (Furniture, Sweaters, and Beauty) in April last year to form LH Pegasus, which is 45-per-cent owned […]

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Retail Asia09/08/2019

Ikea Australia is previewing its highly anticipated collaboration with Sonos in its Tempe store, ahead of the national launch of the Symfonisk range in September. The range, which includes a table lamp and bookshelf with built-in connected speakers, is just the start of Ikea’s push into the smart home space, the retailer said in a […]

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Retail Asia19/07/2019

Google’s music streaming service, YouTube Music is bringing users a brand new feature that will allow them to listen to their favorite songs even when they’re offline. The new feature is called Smart Downloads and will automatically download up to 500 songs that a YouTube Music user “liked.” That new feature will be available on Android devices […]

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Retail Asia17/06/2019

To fend off increasingly aggressive competition from the likes of Apple, Amazon, Google, and Deezer, the global leader of the music streaming industry is constantly trying new things, going so far as testing in-house hardware that could allow it to control and monitor your in-car listening patterns. It’s therefore pretty mind-blowing (and certainly not in a good way) that it’s taken Spotify this long […]

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