Tag: tech

Retail Asia06/12/2019
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5min0
DHL Express recently unveiled its Strategy 2025 putting digitalization, e-commerce and sustainability in focus as it aims to further expand sustainably. John Pearson, CEO DHL Express, made the announcement at the opening of DHL’s €123 million (US$135 million) state-of-the-art hub at Cologne-Bonn Airport saying the “many new technologies” at its Cologne hub shows the basis of our […]

Retail Asia29/11/2019
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2min0
Despite a slowdown in hiring for trading and equity-related jobs, talent related to the burgeoning field financial technology has kept the financial sector an active recruiter in the Greater China region. Talent demand is high for both executive and operation roles, according to a Robert Walters Salary Survey 2020, with firms increasingly open to importing […]

Retail Asia26/08/2019
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1min0
DBS has established a partnership with tech business incubator Social Alpha to mentor enterprises that focus on socially impactful deliverables such as inclusion, healthcare or environmental solutions. As part of the partnership, DBS will mentor and support three firms focused on the aforementioned areas over the next 18 months in addition to an annual grant […]

Retail Asia14/08/2019
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1min0
Singapore fashion tech startup MadThread has raised US$500,000 in seed funding. The deal was managed by AngelCentral, an angel investment community that supports startups in Southeast Asia, and Phey Teck Moh. Eleven other investors also participated. Founded in 2018, MadThread offers rental fashion via a subscription model. It aims to build a one-stop online platform […]

Retail Asia13/08/2019
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2min0
Struggling grocery delivery company and grocer Honestbee has won another new lease on life with the appointment of a new CEO who has promised to revive the business with the support of investors. Details of the additional investment were not immediately clear. Ong Lay Ann took up the role without fanfare on July 15 from […]

Retail Asia08/08/2019
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2min0
Starbucks Coffee Company has announced a deal with Brightloom (formerly Eatsa), a San Francisco and Seattle tech company that is working to create a best-in-class end-to-end digital customer experience platform for the restaurant industry. Starbucks is granting Brightloom a software license to select components of Starbucks’ proprietary digital flywheel software. In connection with the licensing […]

Retail Asia02/08/2019
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3min0
Digital-payments company Visa has invested an undisclosed amount into Southeast Asian ride-sharing and services startup Go-Jek giving it a foothold in the company’s payments platform. The two companies say they will work together to provide greater options for cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia. Indonesian-based Go-Jek, which has […]

Retail Asia02/07/2019
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2min0
Chinese retailer Suning will present its latest smart technologies at this year’s CES Asia. Suning will be demonstrating its smart home appliances based on its proprietary Biu OS system, which aims to create an open platform for sharing resources across the smart home appliance industry. Products include Biu refrigerators, air conditioners, washing machines, automatic washing […]

Retail Asia19/06/2019
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4min0
ABI Research noted that of the 205 companies it surveyed for its Location Technologies Supply Chain and Ecosystem Tracker, 24% of them are currently offering solutions covering both indoor and outdoor location services. The researcher cited growing need for seamless indoor and outdoor integration and supply chain visibility forcing more companies at the lower layers […]

Retail Asia14/05/2019
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4min0
Japan’s SoftBank has announced that its joint venture HAPSMobile will invest $125 million in Google’s Project Loon to advance the use of high-altitude vehicles to carry mobile base stations. HAPSMobile, the joint venture between SoftBank and US-based unmanned aerial vehicle systems company AeroVironment, was established in 2017 to conduct network equipment research and development for the high-altitude platform station […]

Retail Asia09/05/2019
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3min0
Following a successful Series B funding round, SME lending platform Validus Capital is launching in Indonesia. SME lending platform Validus Capital has launched in Indonesia, its first Southeast Asian market outside its home country of Singapore, the firm announced in a media release on Thursday. Launched in partnership with Indonesia’s Triputra Group under the name Batumbu, […]

Retail Asia26/04/2019
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3min0
US retailer Walmart is adding thousands of robots to its stores to handle cleaning tasks, allowing workers more time to help customers. Walmart said by February 2019, it will have introduced the 920-pound autonomous floor scrubbers at 1,860 of its 4,700 US stores. The robots will clean the floors and unload boxes in its stockrooms. The “smart assistants” […]

Retail Asia22/04/2019
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2min0
Hong Kong business incubator and tech springboard The Mills Fabrica celebrated the launch of its first retail store Techstyle X on Saturday at The Mills. According to the group, the term “techstyle” covers material and supply chain innovation, wearables merging technology and style, and new retail experiences. The new store provides a platform for promising […]

Retail Asia05/04/2019
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1min0
South Korean eyewear label Gentle Monster has partnered with Chinese tech giant Huawei to produced connected eyewear. The networked eyeglass frames allow wearers to answer calls without picking up their phone, and feature antennae, noise-reduction microphones and speakers tucked behind the ear. “Smart eyewear is different than the smart phone or the smart watch,” said […]

Retail Asia11/03/2019
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2min0
AirAsia has unveiled a new technology centre in Bengaluru, India’s Silicon Valley, housing 35 software engineering and technology experts each tasked to design and create custom-built solutions for AirAsia’s airline and digital businesses. The new centre affirms its mission to transform into a travel technology company, AirAsia said in a statement. The team will work to streamline […]

Retail Asia15/05/2018
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7min0
The technology boom powering Asia’s economies is about to get a reboot. Explosive growth in new-era gadgets such as wearable devices and internet-linked home appliances is tipped to offset cooling sales of smartphones, which has already dinged Asia’s tech manufacturers. “Where demand may be softening in some areas it will be strengthening in others,” Koshy […]


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