News
Carousell co-founder Lucas Ngoo to exit the e-commerce company
Carousell co-founder Lucas Ngoo to exit the e-commerce company
Ngoo said he wants to explore other industries such as AI in healthcare, amongst others.
Singapore's Qoo10 buys e-commerce platform Wish
Merchants and users of Wish will receive access to Qoo10’s cross-border benefits.
Shopee Supermarkets' Price Lock saves $1m for Singaporean families
The pilot Price Lock initiative aims to assist families with vouchers and markdowns.
Restaurant Brands International unveils long-term growth plan for 2028
The company aims to open 40,000 restaurants for its four anchor brands.
Frictionless commerce faces uphill battle from lukewarm customer feedback
The sector gained a moderate $375.m from retail in 2023.
Singapore's MADLY Bespoke Jeweller enters Dubai as first-ever international venture
The store is located in Dubai’s City Walk.
New Balance trials resale platform in the US
Customers can trade New Balance shoes for vouchers and help recycle shoes.
Unilever International targets underserved markets globally
The company has reached a billion dollars in less than 10 years.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.
The Warehouse Group runs 26 stores with solar power
It aims to be 100% solar-powered by end-2026.
DIYblinds names new CEO
The co-founders will serve as chief growth officer and director of the company.
3 in 5 Asians are influenced by health benefits when buying food or drinks
62% of Asians are more influenced by the health benefits of products.
L’Oréal partners with Korean beauty company Chowis for advanced hair care service
The partnership involves the use of Chowis’ Dermopico hair analysis technology.
The Estée Lauder Companies issues $650m of senior notes
Closing of the offering will occur on or about 14 February 2024.
7-Eleven Singapore launches first-ever self-checkout in Esplanade MRT Station
The unmanned store will operate a quick-serving AI system to track items and serve orders fast.
Brands leverage Indian consumers’ individualism for Valentine’s Day marketing
Around 3 in 10 consumers buy food and drinks aligned with their personality.
Mitsubishi, KDDI to co-own Lawson
KDDI currently holds a 2.1% share of Lawson.