Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
It’s one country, two systems for Alipay as it focuses on retail payments in Hong Kong, a special administrative region of China, with a separate mobile app from the one it uses on the mainland. Alipay announced the launch of its Hong Kong version e-wallet…
Minority shareholders in Hong Kong pay TV broadcaster i-Cable Communications have voted to approve a rescue plan that will inject fresh cash into the struggling operator following the withdrawal of support by its majority shareholder. Wharf Holdings announced…
Despite the decline of tourist arrivals into Hong Kong last year and challenges in the luxury retail sector, Italian-owned mall operator RDM has just opened its first Hong Kong outlet. Located in the KC100 complex near Kwai Hing MTR station, Florentia Village…
Samsung Pay has finally landed in Hong Kong. The Korean technology giant launched an early access program in the Hong Kong market last month, but officially launched the mobile payment system to the general public last Thursday. Samsung Pay can be used almost…
Sales and profit at jewelry retailer Tse Sui Luen (TSL) weakened in the past fiscal year, as improved demand in mainland China failed to compensate for sustained sluggishness in Hong Kong. Revenue fell 3.6% to $438 million in the 12 months that ended February…
German automaker Daimler has acquired 15% stake in Hong Kong based Lei Shing Hong (LSG) strengthing their longstanding cooperation with an investment by Daimler in LSH. The partnership is responsible for the Mercedes-Benz retail business of Lei Shing Hong…
Chinese online and mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options. Payments through AlipayHK,…
The luxury British fashion label favored by Angelina Jolie, Gwyneth Paltrow and other celebrities is getting its own starring moment in Asia. This week, Ralph & Russo celebrated the debut of a pop-up shop in On Pedder’s New World Tower location in central…
Hong Kong’s mobile operators are all calling on the government to develop a clear spectrum roadmap that covers the release and allocation of spectrum for 5G services. HKT has called on the government to perform an “urgent and radical overhaul” of its mobile…
Hong Kong’s retail sector is transitioning into a period of normality. After several years of correction, the retail market is showing genuine signs of stability and renewed tenant activity. The driver is, simply, cost. In the first half of 2017, rental costs…
Cult luxury streetwear brand Off-White continues its retail expansion in Asia with the opening of its second location in Hong Kong. Helmed by designer Virgil Abloh, the newest Hong Kong store opened last month, with the announcement of capsule collection – to…
Decathlon will open its first Hong Kong store this year, with plans for two locations – one in Mong Kok and the other in Causeway Bay. The French multibrand sports retailer will bow its first Hong Kong stores in Mong Kok Grand Plaza Basement and Causeway Bay…
An innovative restaurant booking app by chat recently penetrated the Hong Kong market. Alexandre Sonier, co-founder of the application BistroChat, defines it as being similar to “having WhatsApp, but with restaurant contacts instead”. Its features let its…
Airport Authority Hong Kong has issued a tender for a bar and restaurant concession in Terminal 1 airside at Hong Kong International. The 258sq m outlet is located on Level 7 in the East Hall departures area. The airport company said the tender represents “a…
Hong Kong residents with a craving for good honest British eats, today is your lucky day – Sainsbury’s quality UK groceries have finally arrived in Hong Kong, at Market Place by Jasons. Over 200 Sainsbury’s top quality daily essentials and indulgent products…
With Australian banks retreating from the retail business in Asia, OCBC has scooped up the retail and wealth business in Singapore and Hong Kong of Australia’s largest business bank, National Australia Bank (NAB), to bump up both its mortgage portfolio and…
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