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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 )
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 )

Retail Asia31/05/2022

Neso Brands, a subsidiary of eyewear manufacturer Lenskart, has raised $100 million in a seed funding round, which will enable the firm to create a house of brands catering to the global market. The company did not divulge the details of the investors involved. However, Lenskart, which owns Singapore-headquarted Neso, has earlier raised large sums […]

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Retail Asia23/12/2021

Container shipping giant Maersk on Wednesday agreed to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal, as it seeks to expand beyond its core ocean freight business. The deal is one of the group’s largest takeovers to date and follows a series of acquisitions including e-commerce firms, a freight forwarder specialising […]

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Retail Asia30/09/2021

The platform will provide debt financing for projects in Asia, with an initial focus on Southeast Asia, as part of efforts to reduce climate change. Temasek will be working with HSBC to catalyze financing of marginally bankable sustainable infrastructure projects, so as to address the challenges and opportunities presented by climate change, according to an announcement […]

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Retail Asia29/04/2021

The trio is developing an open industry platform that aims to reimagine and accelerate value movements for payments, trade, and foreign exchange settlement. Partior aims to disrupt the cross-border payments landscape by using blockchain and smart contracts to make digital clearing and settlement more efficient and address common pain points such as multiple validations on […]

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Retail Asia22/02/2021

Chinese community grocery shopping app Xingsheng Youxuan has raised about US$2 billion in a new funding round that values the company at US$6 billion prior to the fresh capital injection, three people with knowledge of the matter said. Private equity firms FountainVest Partners, Primavera Capital Group and KKR & Co are among investors in this […]

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Retail Asia11/12/2020

Temasek names a new former head of sustainability from Ikea to replace Robin Hu, who will we leaving the role by the end of 2020. Temasek’s current sustainability head Hu will have some of his key function’s taken over by ex-Ikea chief sustainability officer Steve Howard, according to an effective as of January 1 next year. Hu will remain with Temasek […]

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Retail Asia25/07/2019

Temasek Holdings has invested US$300 million (S$406.1 million) for a a 21.7 per cent stake in Hong Kong-based global supply chain giant Li & Fung’s logistics business. The injection from Singapore’s state investment company wil value the business, LF Logistics, at approximately US$1.4 billion. Li & Fung said that as a result of Temasek’s investment, […]

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Retail Asia24/04/2019

Online marketplace Zilingo has raised US$226 million in its recent Series D funding. The fresh capital round brings the total amount raised by the company to $308 million. Having secured its latest investments, the company is now looking to China as well as other key Asian markets as part of its growth strategy to expand […]

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Retail Asia29/01/2019

All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the size of this new generation alone makes them attractive prospects for retailers, their distinct […]

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Retail Asia10/01/2019

Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains the majority stake. According to report, Temasek made the investment expecting the business to be […]

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Retail Asia24/05/2018

Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push. The move will start with ride-hailing services before expanding to other sectors, Go-Jek said in a statement. “People in Vietnam, Thailand, Singapore and the […]

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Retail Asia28/02/2018

Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors, including BlackRock and Google, as the Indonesian ride-hailing firm builds its war chest to fight deep-pocketed rivals. Go-Jek had planned last year to raise $1.2 billion, and, with the 25 percent extra funds it has received, it is […]

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Retail Asia20/12/2016

2 in 3 Singaporeans prefer retailers with e-commerce and mobile app. There are only a few days before Christmas and Singaporeans are surely busy shopping around, finding the perfect gift. But what do retailers need to do to keep up with the shopping hype this festive season? According to the latest survey by SAP Hybris, […]

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Retail Asia07/12/2016

As Southeast Asia eCommerce merchants set benchmarks in a booming industry, their efforts are about to be celebrated with the launch of annual awards. Based in Kuala Lumpur, online shopping aggregator iPrice Group has launched the iPrice eCommerce Merchant Awards (iEMA) 2016 in partnership with eTail Asia, a service for eCommerce professionals, and Trusted Company, […]

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Retail Asia22/07/2016

This is where shareholders in Singapore’s subway network get off. And it doesn’t matter if some of them can’t quite see the platform. Leaving people stranded has become a hallmark of their company’s operations in recent years. Like back in January 2008, and then twice over three days in December 2011 when two passengers fainted, and again in July […]

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Retail Asia03/06/2016

Southeast Asian economies are reaching a stage similar to China’s at the end of the last decade, when eCommerce began to take off, according to Alibaba Group executive vice-chairman Joseph Tsai. “I don’t blame you guys for having some degree of excitement about Southeast Asia when you look at the economies here,” he has told […]

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