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Tag: thailand

Retail Asia14/12/2016
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Food

Greyhound Cafe expands to Singapore

4min0
Thailand’s Greyhound Cafe has opened its 13th international outlet, marking its debut in Singapore. It has 14 cafes in Bangkok plus outlets in Beijing, Hong Kong, Kuala Lumpur and Shanghai. For Greyhound, the cafe was actually an afterthought to complement to brand’s fashion line. In 1997, founder Bhanu Inkawat was offered an empty unit next […]
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Retail Asia13/12/2016
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Food

Delivery Hero takes control of Foodpanda

2min0
Control of the Foodpanda business has been sold by parent Rocket Internet, including the remaining Asian operations. German-based online food-ordering service Delivery Hero Holding, which is active in 33 countries, has acquired Rocket Internet-backed Emerging Markets Online Food Delivery Holding, parent of the shrinking Foodpanda business. Foodpanda, 49 per cent owned by Rocket Internet, has […]
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Retail Asia13/12/2016
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E-Tailing

Alibaba Looks to Tighten Its Hold on Thai Ecommerce

3min
Having established a dominant position in China, ecommerce giant Alibaba is setting its sights on expanding in Southeast Asia. Last week the Chinese firm inked a deal with the Thai government to speed the development of the country’s ecommerce sector. The agreement calls for ecommerce platform Lazada—the leading ecommerce site in Thailand—to provide ecommerce training […]
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Retail Asia13/12/2016
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Telecom

AIS, True must launch low-cost 4G SIMs for poor

2min0
Thailand’s telecoms regulator NBTC has issued an order requiring AIS and True Move to provide low-cost 4G SIMs for disabled and low-income citizens. The order is based on the terms of the licenses for 1800-MHz and 900-MHz 4G spectrum won by the two operators in an auction last year. As per the order, low-cost 4G […]
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Retail Asia13/12/2016
E-Tailing

Thailand signs up for eCommerce initiatives

6min0
High-level witnesses attended the signing of a letter of intent in China that will see Thailand co-operate with Alibaba on eCommerce initiatives. Thailand’s deputy prime minister Somkid Jatusripitak was invited by the eCommerce giant to its headquarters in Hangzhou to witness the signing alongside Alibaba Group executive chairman Jack Ma. Initiatives covered by the agreement […]
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Retail Asia12/12/2016
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Logistics

Easyship raises more funding

2min0
Hong Kong logistics startup Easyship has raised an undisclosed amount of pre-series A funding from 500 Durians, a fund managed by Silicon Valley’s venture capital major 500 Startups. Easyship is an online platform providing crossborder logistics services for eCommerce companies, claiming to have access to more than 80 shipping companies and offering visibility on delivery […]
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Retail Asia09/12/2016
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Electronics

44 BKK outlets moving ownership

2min0
Bangkok-based IT chain store Com7, under the Banana brand, has taken over 44 BKK outlets from Bangkok Telecom 999. The TB184 million (US$5.1 million) deal is a bid by Com7 to drive its expansion into the mid- and entry-level segments. “This is our first acquisition for the purpose of pursuing growth,” says Com7 chief executive […]
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Retail Asia07/12/2016
E-Tailing

Awards to recognise eCommerce merchants

4min0
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 Asia07/12/2016
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Automotive

Chevrolet Sales Thailand Hands Out 500 One World Futbols

3min0
Chevrolet Sales Thailand recently donated 500 One World Futbols and numerous books to 25 schools within the province of Nakhon Pathom. The donations were facilitated through a coordinated effort with local dealership Chevrolet Chor Erawan Nakhon Pathom. Chevrolet Thailand and Chevrolet Chor Erawan Nakhon Pathom also coordinated a Chevrolet Play for Dreams corporate social responsibility […]
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Retail Asia07/12/2016
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General

Thai Airways International Shares Take A Dive Last Week

1min0
The President of Thai Airways Charamporn Jotikasthira has told reporters that the full-year target of 180 billion baht is unlikely to be achievable. A report posted with regard Thailand’s crackdown on China’s so-called zero-dollar tours has led to a sharp decline in Chinese tourists. These tours were offered below cost, with operators making big profits […]
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Retail Asia06/12/2016
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General

Shilla Duty Free opens 25,000sq m Phuket store

2min0
The Shilla Duty Free conducted a soft opening of its new downtown store in Phuket, Thailand at the weekend, which has allowed it to take the next step in its ‘diverse global expansion strategy’, it says. As reported, the store was slated to open originally in August, but the South Korean TR operator was actually […]
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Retail Asia06/12/2016
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Food

Tech boost for Asia’s rice sector

4min0
A new initiative to provide rice breeders across the Asia Pacific region with advanced technologies is expected to help improve crop yields, sustainability and profitability in the vital agricultural sector. ‘Rice Action Agenda,’ introduced by the The International Rice Research Institute (IRRI) for the 16-member countries of the Council for Partnership on Rice Research in […]
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Retail Asia04/12/2016
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Electronics

Banana acquires 44 Bangkok outlets

4min
A Bangkok IT store in a shopping mall in Bangkok. The stores will complete their transfer to Banana in the first quarter of 2017. Com7, the Bangkok-based IT chain store under the Banana brand, has taken over 44 BKK shops from Bangkok Telecom 999 for 184 million baht in a drive to accelerate its expansion […]
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Retail Asia03/12/2016
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General

Spar to open 300 stores in Thailand

2min
Spar International and Bangchak Retail Company (BCR) have announced a new partnership to open 300 Spar stores in Thailand by 2020. The US$78.9m investment was announced on 28 November, with BCR to open seven new stores in 2016, and 50-80 new stores each year from 2017. “The launch of Spar in Thailand in partnership with […]
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