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Eland Retail fined $3.33m by South Korean regulator
Eland Retail fined $3.33m by South Korean regulator
The regulator said the company gave undue financial support to its parent company.
7-Eleven must develop online presence in China: analyst
The company’s market share has been declining since 2018.
Weekly News Wrap: Tata rolls out new e-commerce app; Flipkart raises IPO valuation target to $60-70b
And India’s antitrust body probes Zomato and Swiggy over alleged breaching neutrality rules.
Alibaba to add 3,000 workers in Shanghai
Its food delivery platform will dispatch 600 couriers from other cities.
Around 9 in 10 SEA e-shoppers cites importance to know delivery company
A total of 56% prefer the company that guarantees a good service.
‘Bargain hunting’ behaviour drives SEA consumers’ online purchase
Around 7 in 10 think online shopping saves money.
Lazada One to open on 20 April
Its key tenants include Spotify, Zalora, Alibaba Group, and JustCo.
McDonald’s Australia appoints new CEO
Antoni Martinez’s appointment as the new CEO is effective 1 May.
Tata Digital launches super-app Tata Neu
It aims to provide an omnichannel experience for Indian consumers.
Shakey’s PIZZA posts P121m net income after 2020 loss
This was driven largely by the easing of restrictions in the fourth quarter of the year.
Fast Retailing to reopen MINA TENJIN in 2023
The facility will have a total sales area of over 22,000 square metres.
Apple to open largest store in South Korea on 9 April
Visits on the opening day of Apple Myeongdong will be by appointment only.
Tops, FamilyMart join Locked Price campaign for Thais
The campaign sought to help reduce their cost of living.
Retail sales down 3.4% YoY in February
Toiletries and medical goods recorded the most growth in retail sales.
Weekly News Wrap: Indian jewelers revive expansion plans; Shopee’s Sea exits India
And Domino’s Pizza China operator is filing for Hong Kong listing.
South Korea relaxes business hour restrictions on restaurants, cafes
The government plans to revamp restrictions further if the situation remains stable.
Central Pattana invests $596m yearly in retail-led development
This includes the Central WestVille project slated to launch next year.
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