Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
A takeover bid for Singapore-based Eu Yan Sang has valued the traditional Chinese medicine retailer at about S$269 million (US$196 million). A consortium comprising Singapore state investment company Temasek Holdings’ unit Blanca, Tower Capital TCM Holdings…
Singapore supplement retailer Eu Yan Sang International has had its third-quarter net profit slump to S$286,000 (US$208,515) from $5.45 million as a result of declining revenue, foreign exchange losses and expenses related to closing F&B outlets in China.…
11street (www.11street.my), one of the largest online marketplaces in Malaysia, launched ‘11street Academy’, the first ever e-commerce certification programme in the nation, targeting to help at least 1000 sellers and entrepreneurs to grow their businesses…
Despite contributions from new outlets, Parkson Retail Asia’s department stores have seen third-quarter group revenue fall by 15.6 per cent to S$98.4 million (US$71.5 million), with a 14.4 per cent drop to S$294.6 million for the nine months of its current…
Online payment gateway provider iPay88 has seen a sharp rise in mobile traffic with its total online payment transactions representing close to 70% of the Malaysian market. Chan Kok Long, executive director of iPay88 said this was refelctive of the growth of…
Complaints by Ho Chi Minh City businesses about foreign retailers in Vietnam have sparked the prime minister to order an investigation. Members of the Ho Chi Minh City Union of Business Associations (HUBA) say the growing number of foreign retailers in…
Thai home-furnishings manufacturer and retailer Index Living Mall has set a strategic plan to open at least one store in a new Asean market every year. The company expects the sales contribution from Asean countries to increase significantly from the 6 to 7…
Bison Consolidated Bhd is expanding its myNEWS.com press and convenience retail brand to Myanmar via a management agreement (MA) with Singapore-based SMI Retail Pte Ltd. In a filing with Bursa Malaysia yesterday, Bison said its wholly owned subsidiary Bison…
Fashion brand Guess Malaysia has revamped its Suria KLCC branch to incorporate its contemporary white store concept. US-headquartered Guess, launched in Malaysia in 1992, now has 33 stores in the market – 20 Guess, seven Guess Accessories and six Guess Kids.…
ZALORA, the largest e-commerce fashion company in Southeast Asia, has extended its partnership with Oracle Marketing Cloud. ZALORA has relied on Oracle Marketing Cloud technology since 2013 to send its customers targeted and personalized marketing…
Online retailer Lazada Malaysia claims it had at least double-digit growth in sales last year, yet is still losing money. It was a challenging year for retail, says CEO Hans-Peter Ressel of Ecart Services Malaysia, the company behind Lazada Malaysia. He says…
Thousands of BritishIndia Malaysia customers grabbed a bargain as they farewelled the fashion store in Suria KLCC over the past week. The fashion brand’s farewell sale offered 50 per cent off all items, ending its presence in the mall since 1998. Built from…
Samsung Malaysia Electronics Sdn Bhd announced the official arrival of the much-awaited Samsung Galaxy S7 into Malaysia. Since its global unveiling, the highly anticipated Galaxy S7 and S7 edge have constantly been dubbed as the perfect smartphones – a…
An online boutique that offers all-natural and organic baby products, Applecrumby & Fish has obtained a fresh round of seed funding worth $300,000 from Silicon Valley’s VC 500 Startups. The Malaysian company aims to use the money to establish itself as the…
Hyderabad-based startup BookMeds, which allows customers across India to order medicines online and have them delivered from their nearest pharmacy, may move into Malaysia. Launched in December 2013, BookMeds is now the third-largest online pharmacy chain…
CIMB Niaga said in a statement, posted by its parent on Bursa Malaysia’s website, that the improved net profit came on the back of a 1.4% yoy increase in net interest income and a 18.5% yoy jump in non-interest income, mainly due to improved foreign exchange…
Free background guides on how retail works in this market.
Malaysia
A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.
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Malaysia
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.
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How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.
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Malaysia
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.
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