News

TikTok Shop launches in US

There are over 150 million TikTok users in the market.

Embedded finance strategy to be featured in Retail Asia Forum in Manila

Deloitte Southeast Asia’s Anna Marie Magno-Pabellon to bring her expertise on navigating regulatory implications for retail and consumer businesses to the 5 October forum.

Three areas APAC retailers could focus on to navigate the ‘post-recovery phase’

Retailers will continue to face challenges due to competition and inflation, amongst others.

KKR to invest around $250m in Reliance Retail Venture

The investment company will now hold a 1.42% stake in RRVL.

Alibaba is APAC’s top e-commerce player

The top three leading e-commerce firms in the region were from China.

L’Oréal completes Aesop acquisition

It entered a deal with Natura &Co to purchase Aesop.

7-Eleven launches in Laos

Laos is the 20th country entered by 7-Eleven.

Foodpanda, DFI Retail Group partner to enable one-hour grocery delivery

The platform’s users can buy close to 20,000 grocery items through the app.

How appliance retailers boost e-commerce sales through DTC channel

They need to understand customer needs and overcome technical challenges.

Japan’s Seven & i sells Sogo & Seibu to Fortress Investment Group unit

The company aims to focus on its convenience store businesses.

Southeast Asia’s QR Code payments to surge 590% by 2028

This is due to the cross-border interoperability within countries in the region. 

Singapore customers seek transparency amidst companies’ AI adoption growth

About 9 in 10 said they want to know whether they are speaking with AI or a human.

Wolverine World Wide sell Hush Puppies IP in China

It will continue to own and operate the Hush Puppies brand in other markets.

Central Retail unit’s revenue could reach $285.2m

Central Marketing Group has over 40 lifestyle brands in its portfolio.