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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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia10/05/2023

Education startup TEKY Alpha has raised US$5 million from Singaporean investment firm Sweef Capital to expand its operations. TEKY plans to expand its educational services at public schools and after-school programmes for children aged five to 18, Sweef Capital said in a statement. The startup, founded by Dao Lan Huong in 2016, delivers science, technology, engineering, […]

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Retail Asia14/04/2023

MindX, a startup that offers training in technology and programming, has received a US$15 million investment from a group of international funds in the Series B round. The funding round was led by Singaporean fund Kaizenvest, which has invested in many famous startups in the field of education technology (edtech), including unicorns Byju’s and upGrad […]

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Retail Asia21/03/2023

Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia Tbk posted a narrower adjusted EBITDA loss for the fourth quarter of 2022 of 3.1 trillion rupiah ($201.89 million), the firm said on Monday. GoTo posted 6.5 trillion rupiah in adjusted EBITDA (earnings before interest, tax, depreciation, amortisation and rent) loss in the same period of 2021. […]

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Retail Asia28/02/2023

Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s presence in major markets around the world gives it the heft to deal with inflationary pressures. Ridesharing companies are starting to recover from pandemic lows as offices reopen and following a resurgence in travel on the back […]

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Retail Asia15/02/2023

Foreign startups are eyeing Vietnam as one of their main markets thanks to the country’s large and young population, low costs and cheap and abundant labor force abundant. Vietnam has been among the top markets in terms of revenue for Singapore’s insurance startup Igloo ever since the company was launched in 2021. “Vietnam is becoming […]

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Retail Asia07/02/2023

Delivery startup Loship is confident it will make profits this year, something most of its competitors have yet to achieve. Nguyen Hoang Trung, CEO of one of only two delivery startups in Vietnam said that Loship suffers “very little” loss. Last year its revenues increased by 500% thanks to business optimization with 250,000 locations and more […]

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Retail Asia23/01/2023

Indonesian ride-hailing and delivery service company Gojek has named Sumit Rathor as the new GM of its Vietnam operations. Rathor has succeeded Tuan Duc Phung, former GM of Gojek Vietnam since 2020. According to a Gojek statement, Phung has decided to pursue other professional challenges outside the company. With over 20 years of experience in […]

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Retail Asia23/01/2023

The total gross merchandise value (GMV) of food delivery platforms in Vietnam hit $1.1 billion in 2022, up from $800 million in 2021, said Singapore-based venture outfit Momentum Works. Of the total GMV, Grab accounted for the biggest share with 45%, followed by ShopeeFood 41%, Baemin 12% and Gojek 2%, the firm said in its […]

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Retail Asia23/12/2022

Hong Kong delivery platform Lalamove has claimed its year-on-year growth in Vietnam doubled in the first 11 months this year. But it has not released figures for either year. Vietnam is a key and positive market, its CEO Paul Loo said during a recent visit to the country, and his company has seen opportunities in […]

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Retail Asia16/12/2022

Hemp-powered skincare brand Hey Bud has rolled into more than 400 Priceline stores nationwide, as the startup readies for Australian authorities to embrace a greater variety of cannabis and CBD-infused products. Hey Bud offers a range of serums, cleansers, and clay masks infused with hempseed oil, a natural product touted for its anti-inflammatory properties. While […]

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Retail Asia16/12/2022

Grab Holdings, Southeast Asia’s biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company’s chief executive told staff in a memo. The measures include a freeze on most hirings, salary freezes for senior managers and cuts in travel and expense budgets, according to the […]

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Retail Asia15/12/2022

Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company’s chief executive told staff in a memo. The measures include a freeze on most hirings, salary freezes for senior managers and cuts in travel and expense budgets, according to […]

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Retail Asia29/11/2022

Online shopping and cooking platform Cooky has raised $4.5 million in a funding round led by Vietnam’s Do Ventures, South Korea’s Nextrans. The funding will be used for research and development to create more nutritious recipes at a better cost, said Cooky’s founders Dang Hoang Minh and Nguyen Thanh Dai, also founding members of food […]

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Retail Asia25/11/2022

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Vietnamese electric motorbike startup Dat Bike has secured $8 million in a funding round, bringing the total since its establishment to $16.5 million. The round was led by returning investor, Singapore-based Jungle Ventures, with participation from GSR Ventures, Innoven Capital, Wavemaker Partners, and Delivery Hero Ventures – the investment arm of Foodpanda’s parent firm. The […]

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Retail Asia03/11/2022

Everyone hates ads, but they are the price we pay for all the free apps out there. However, it’s one thing to watch them when you are using a free app, and it’s a whole other story to be bombarded with ads through push notifications even when you are not actually using your phone. Recently, […]

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Retail Asia01/11/2022

Hanoi company Airlios has demonstrated a flying electric car which it plans to sell commercially in 2024. The single seater, also called Airlios, could fly vertically to reach 10 meters within 10 seconds and then fly at speeds of 100 kilometers per hour, the company said at a recent exhibition. It can rise to as […]

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Retail Asia24/10/2022

An Indonesian-based online restaurant startup, Dailybox, opened a new kitchen in Singapore. Various Indonesian dishes can now be ordered through GrabFood delivery service in Singapura. Dailybox Group CEO Kelvin Subowo explained that they decided to expand business to Singapore due to dependence of the SIngporean toward food delivery services. Survey showed that nearly half of […]

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Retail Asia11/10/2022

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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 […]

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Retail Asia30/09/2022

Just Kitchen, an operator of ghost kitchens specializing in the development of delivery-only food brands, announces the expansion of JustKitchen’s in-house brands to Thailand (the ” Thailand Location “) via GrabKitchen. For the Thailand Location in the Phayathai area of Bangkok GrabKitchen provides the physical kitchen on a Kitchen-as-a-Service (” KaaS “) basis. The Thailand Location is […]

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Retail Asia28/09/2022

Working remotely takes a back seat as young people prioritize other aspects at work, a Credit Suisse Survey says. A good boss and a good salary are the top priorities among an international group of young people surveyed online by market and opinion research company gfs.bern and Credit Suisse published Tuesday. Working from home and flexible working hours, […]

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