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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 Asia17/08/2021

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E-commerce platform Tiki has raised $20 million from telecom operator Taiwan Mobile in return for a 2.7 percent stake in Tiki Global. The Series E funding deal values the Vietnamese company at $740 million, with Tiki having secured $94 million in the series within this month alone. Before the Series E, foreign investors held a […]

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Retail Asia16/08/2021

Taiwanese bookseller Eslite is shifting its focus into smaller community stores in its home market after struggling due to Covid-19 last year. According to Eslite’s chairwoman, Mercy Wu, 100 small-format stores will be rolled out within the next three years and one store is set to open in China in 2024. Eslite’s decision to change […]

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Retail Asia12/08/2021

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French retailer Carrefour is planning to launch a sale of its Taiwan business, which is valued at around US$1.9 billion in the coming weeks, three people with knowledge of the matter have told Reuters. The supermarket chain operator has hired Morgan Stanley to run the sale, which is expected to kick off after the summer, […]

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Retail Asia11/07/2021

Taiwan’s Foxconn said on Friday it was in talks with the U.S. state of Wisconsin about building electric vehicles there, part of the major Apple Inc supplier’s push to diversify income streams. Foxconn and electric car manufacturer Fisker Inc said in May that they had finalized a vehicle-assembly deal. They did not identify a location, […]

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Retail Asia21/06/2021

Over 18,000 workers of Pou Sung Vietnam were temporarily suspended due to a worker having close contact with a suspected Covid-19 case. Health authority found the wife of a suspected Covid-19 case working at the Dong Nai-based firm with 27,000 employees. The worker, who came in close contact with the suspected Covid-19 case, had her […]

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Retail Asia16/06/2021

Fast food company Domino’s Pizza Enterprises is to acquire Domino’s Taiwan as part of its global expansion plan. The company has entered a binding agreement with Formosa International Hotels under which Domino’s will buy the Taiwan operation for $79 million on a cash and debt-free basis. “This is a market with tremendous opportunities for our […]

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Retail Asia16/06/2021

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make it the second-largest shareholder in Gigasolar, known for manufacturing solar cell materials. The two companies […]

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Retail Asia22/04/2021

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Nokia has announced that it has been chosen by Chunghwa Telecom (CHT) to expand the operator’s 5G network in Taiwan. The deal aims to support CHT’s objective of achieving 80 percent population coverage as well as boost 5G subscriptions to over 20 percent of its current subscriber base. The expansion will leverage products from Nokia’s […]

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Retail Asia19/04/2021

America’s Citigroup will exit 13 international consumer banking markets, including Vietnam, to shift its focus to four wealth centers. The move is part of the bank’s strategic decision to direct investments and resources to businesses with the greatest scale and growth potential, it stated, adding its main markets will include Singapore, Hong Kong, the United […]

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Retail Asia09/04/2021

Tech-enabled coffee chain Flash Coffee has raised US$15 million in its Series A funding led by White Star Capital, aiming to launch 300 stores this year. The Series A round sets the total capital raised by Flash Coffee to US$20 million. Investors include Delivery Hero-backed DX Ventures, Global Founders Capital, and Conny & Co. The […]

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Retail Asia04/01/2021

bolttech today announced its latest partnership with Samsung in Taiwan, together arranging for mobile device protection to owners of new Samsung Galaxy smartphones and tablets through the Samsung Care+ programme. The expansion of the bolttech and Samsung partnership follows recent tie-ups in Indonesia, Philippines, Thailand, and Vietnam. The Samsung Care+ programme in Taiwan will offer […]

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Retail Asia14/12/2020

Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, wraps up the year-end shopping season with a record-breaking 12.12 Birthday Sale. On 12 December, 12 million items were sold in the first 24 minutes and at its peak, 1 million items were bought in a single minute. Terence Pang, Chief Operating Officer at Shopee […]

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Retail Asia05/11/2020

What’s more convenient than a convenience store? An online one, of course – delivering food, and essentials to customers’ doorsteps quickly, at the touch of a button. foodpanda, the leading delivery platform in Asia Pacific, marks a new milestone with the announcement of more than 2,500 7-Eleven stores on its app, making the leading convenient […]

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Retail Asia19/10/2020

Taiwan on Monday gave the domestic branch of Alibaba Group Holding Ltd’s e-commerce site Taobao six months to re-register as a Chinese investment rather than a foreign one, or leave, in the government’s latest shot against Chinese firms. Amid growing political tension, Taiwan has stepped up oversight of Chinese investment and the operations of Chinese […]

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Retail Asia24/09/2020

Convenience store chain 7-Eleven in Taiwan has partnered with a restaurant and a hotel to offer fresh-cooked meals to consumers. The service, launching this week at the Dongxing Road outlet in Taipei, will retail assorted boxed meals targeting office workers following seven different menus prepared for the venture by Regent Taipei chefs and restaurant Su/food. […]

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Retail Asia15/09/2020

Japanese discount retailer Don Don Donki is set to make its debut in Taipei. As yet, the company has not revealed any details regarding the location or opening date, however, various sources have confirmed the store will trade 24-seven in the popular shopping destination of Ximendeng. New of the company’s Taiwanese debut spread quickly after […]

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Retail Asia14/09/2020

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Starbucks has just unveiled a new concept store in China created inside six repurposed shipping containers. An identical concept, created by Japanese architect Kengo Kuma, first appeared in Taiwan. As the 800th store in Shanghai, the Starbucks container store helped set a new record for the city – it has more Starbucks stores than any […]

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Retail Asia19/08/2020

iKala, Asia’s leading AI company headquartered in Taiwan, has raised US$17M in a Series B round of funding led by Wistron Digital Technology Holding Company, a Wistron Corporation’s wholly-owned subsidiary which focuses on digital technology industries and software application related investments. Previous investors Hotung Investment Holdings Limited and Pacific Venture Partners are also coming in, […]

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Retail Asia04/08/2020

Taiwanese-Canadian designer Jason Wu has opened his first global flagship boutique in Shanghai, China. Located at IFC Mall, the flagship store features a sophisticated design created by architect Andre Mellone. The studio previously designed a Jason Wu shop-in-shop at Saks Fifth Avenue in New York and the Jason Wu fragrance bottle. The store facade features […]

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Retail Asia04/06/2020

Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement later this year after regulatory approvals have been granted. The deal – worth about €97 million – includes about 224 stores and warehouses, along with some property assets. Wellcome Taiwan’s turnover last year was approximately €390 million. The […]

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