Wei ZhangLiving
Miniso First-Half Revenue Rises 22% to $1.7 Billion on China and US Gains
Store count across the retail network reached 8,674 locations as the company pushed its Top Toy brand into Taiwan and the United States.
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Minjun ParkLiving
Hong Kong Retains Top Billionaire Spot in Asia with 106 Ultra Wealthy
AI wealth expansion lifted global counts while property headwinds trimmed Hong Kong’s total by two, according to Altrata data.
Wei ZhangLiving
TikTok Shop Nears €500 Million in European GMV Led by Creator Affiliates
Short shoppable video clips drove 63.8 per cent of total European platform sales across four major markets.
Maria SantosLiving
Asia-Pacific Diaper Market to Reach $19.9 Billion as Pant Formats Gain
Five manufacturers control 58 per cent of regional sales as digital distribution and pull-up pants reshape infant care spending.
Sarah ChenLiving
China Tests Humanoid Robots for Warehouse and Factory Work in Beijing
More than 40 per cent of events at the five-day competition require fully autonomous operation across 21 workplace scenarios.
Rajiv MenonLiving
False Quality Claims Threaten Kimberly-Clarks Diaper Sales in China: Repercussions and Recovery Strategies
Kimberly-Clark, the renowned maker of Kleenex tissues and Huggies diapers, lowered their annual profit and sales projections on Tuesday. This forecasting adjustment comes as a result of continuing challenges related to allegations about the quality of…
Maria SantosLiving
Thriving Puppy Preschools: Chinas New Trend in Pet Pampering
In the bustling city of Shanghai, a unique business model is quickly gaining popularity. Paw, a self-proclaimed preschool for dogs, is leveraging a new trend among Chinese millennials who are increasingly viewing their pets as family members and investing…
Wei ZhangLiving
Ikea’s Strategic Shift: Smaller Stores Propel China Expansion
Swedish furniture giant, Ikea, is intensifying its expansion strategy in China by launching a more compact store model in the eastern part of Beijing. This move is part of the company’s shift from its traditional large-scale stores towards smaller and more…
Rajiv MenonLiving
IKEA Revolutionizes Green Logistics with Autonomous Electric Trucks in China
Ikea China has recently introduced electric autonomous trucks into its Shanghai logistics network, following the successful completion of a preliminary 35,000-kilometer trial program. The trial program, initiated in April of 2024, has since evolved into daily…
Maria SantosLiving
Singapore Clinches Second Place as World’s Richest Nation in 2025, Drops in Work-Life Balance Rankings
In 2025, Singapore achieved the status of the second-wealthiest nation globally according to per capita gross domestic product (GDP), with a figure standing at US$90,700. This impressive economic performance placed the Asian island state just behind…
Maria SantosLiving
Ikea to Close Seven Stores in China Amid Retail Struggles, Focuses on Online Growth and Precise Market Cultivation
Swedish furniture giant, Ikea, has announced that it will be shutting down seven of its outlets in China, effective from February 2. The decision was revealed in a statement issued by the company on Wednesday. The targeted locations for the shutdown include a…
Wei ZhangLiving
China, US, and Malaysia Top Choices for Singapore Workers Seeking Global Experience
Approximately 76,000 individuals, making up 3.1% of Singapore’s working populace, have experienced working overseas full-time for a minimum of six months. The primary locations for this international experience were China, the United States, and Malaysia. The…
Aiko TanakaLiving
Revolutionizing Parenthood: Meet the ‘Gestation Robot’ Transforming AI in Reproductive Health
Kaiwa Technology, a forward-thinking Chinese tech firm, is making headlines with its ambitious plan to develop what may become the world’s first “gestation robot.” Set to hit the market in 2026 and priced at approximately USD 13,900, this humanoid robot…
Minjun ParkLiving
China’s Ambitious Hydropower Project: A Key Step Toward Decarbonisation with Significant Risks Ahead
China’s new hydropower project will be the world’s biggest and crucial for energy decarbonisation, but this will be expensive and challenging, S&P Global Ratings said. “The project will also be very risky. The geographic challenges will be unprecedented: it…
Rajiv MenonLiving
Ikea Sparks Green Revolution With Sustainable Retail Space In Shanghai
Retail giant IKEA is intensifying its commitment to sustainability by launching a dedicated retail space in China that prioritizes environmental responsibility. The new venture, a part of their larger strategy to embrace sustainable practices, features a…
Minjun ParkLiving
The Ordinary Debuts Flagship Store On Alibaba’s Tmall, Leveraging Ai For Personalized Skincare Experience
Canadian skincare label, The Ordinary, has recently announced the launch of its inaugural flagship store on Tmall, Alibaba’s e-commerce platform. This comes not long after it first ventured into the Chinese market in February of this year. Embracing…