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Instant coffee to boost South Korea’s hot drinks market
Instant coffee to boost South Korea’s hot drinks market
It is projected to be valued at $5b in 2026.
Philippines’ FRUITAS launches cloud kitchen 'Nube Kuxina'
It will feature food brands, such as Balai Pandesal, and Ling Nam, amongst others.
Alibaba’s Ele.me launches mini-programme in Douyin
Customers can now place orders through the social media app.
Muji to launch first store in Macau
The new store is set to be the largest in the Hong Kong and Macau region.
South Korea’s retail sales grow by 9.7% in July
This is due to the increase in outdoor activities.
Meta, Jio Platforms launch JioMart on WhatsApp
This is the first end-to-end shopping experience on WhatsApp.
Weekly News Wrap: India e-commerce firms ramp up hiring; US-based investor eyes IPO for $2.5b India mall portfolio
And Yonghui Fresh Food is planning to raise $120m before its Hong Kong IPO in 2023.
Watson beefs up O+O capabilities with $400m investment
This will help create a customer-centric supply chain network.
Japanese restaurant Yoshinoya relaunches in the Philippines
This is the first Japanese food chain under the Jollibee Group.
South Korea wins race in aesthethic market: report
The market is expected to grow 7% annually between 2022 and 2030.
South Korea’s convenience stores bring out rare gift sets for Chuseok
These gifts include high-end liquor sets, electric vehicles, and electronics.
JD deepens ties with electronics brand Oppo
They will collaborate in technology cost reduction and marketing.
UNIQLO opens pop-up store in Poland
This is the first physical presence of the retailer in the country.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Nine in 10 Malaysians prefer shopping online: report
This is despite the reopening of physical stores.
Consumer spending in South Korea to grow 2.8% in 2022
Household spending is expected to reach KRW793.9t during the year.
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This has already led to improved click and conversion rates for the group.
