News

Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase

As a result, functional food products are seeing increasing demand.

Wholesaler Metcash acquires 3 firms for $363.4m

The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss

Natura &Co mulls Natura &Co Latam, Avon separation

Both entities will operate as two independent, publicly traded beauty companies.

Shiseido completes Dr. Dennis Gross Skincare acquisition

The acquisition is part of Shiseido’s global expansion strategy.

IKEA introduces AI assistant in OpenAI GPT

The feature offers specific and customised home design needs for IKEA customers.

Vetreska expands FUR store in Singapore

The flagship store is located in One Holland Village.

How AI reshapes Asia’s foodservice sector

Operational efficiency due to AI use boosts companies’ bottom line.

Around 3 in 4 Shopee users rely on personalised content to draw buyers

However, 9 of 10 Shopee Malaysia affiliates are optimistic about e-commerce opportunities for 2024.

Minor Food furthers expansion in Vietnam with Sizzler and The Coffee Club deals

The Group is currently operating over 100 outlets in the Vietnam market.

DFS, Douyin partner to boost luxury travel retail shopping experience

Both entities organised two successful livestreaming events, showcasing over 80 beauty products.

SG high court ruling on GST unlikely to impact pricing strategies

Singapore’s High Court decided that GST should be applied to products’ discounted prices instead of full market value.

GoTo, TikTok complete Indonesia merger

TikTok will hold the controlling stake in PT Tokopedia.

True Religion gains new licensees for Star Ride Kids and Mad Engine Global

Star Ride Kids and Mad Engine Global will be featured in True Religion.

Post-Tiktok Tokopedia appoints Vonny Ernita Susamto as CEO

The appointment comes after TikTok and GoTo's merger

Fun Japan introduces new e-commerce platform You.en

The site will feature short video content from users testing various products.