China Archives - Inside Retail Thailand
Consumer spend on digital commerce will reach US$14.7 trillion by 2022, up by 60 per cent on last year, according to Juniper Research.
A JV between JD.com and Central Group, Central JD Commerce will launch online marketplace in August.
Spar Asia-Pacific continues to post solid growth, with the Thailand network already up to 30 stores just a year after its launch.
BreadTalk Group has partnered with Shenzhen Pindao Food & Beverage Management for ventures in Singapore and Thailand.
Diminished returns from BreadTalk Group’s bakeries in Hong Kong and Mainland China saw the division’s sales slip 4.5 per cent.
Chinese retail is entering an “Age of Empires” as the nation’s largest e-commerce players rapidly expand their scope and reach.
In an era when branding has never seemed so important, the enduring success of Japan’s Muji might seem perplexing to many.
Nearly half of online shoppers in Asia are dissatisfied with the experience, according to the latest UPS Pulse of the Online Shopper study.
Singapore-based lifestyle marketplace Zilingo has raised US$54 million in series-C funding, taking its total capital raised to $82 million.
Xiaomi has partnered with Shopee Thailand to provide its smartphones, and also plans to set up shops and zones in Thailand this year.
Hermes Asia sales grew 11.3 per cent last year toUS$2.4 billion as the luxury retailer set a new record for gross retail margin.
Samsonite Asia sales lept 16 per cent last year, driven by the acquisition of Tumi.