Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Chinese property-development company Country Garden has launched the world’s first robotic restaurant, in Guangdong. Built by Country Garden’s subsidiary Qianxi Group, the restaurant occupies a 2000sqm area, featuring sections including Chinese food, hot pot…
Singaporean food tech firm TiffinLabs is creating an international network of ghost kitchens based in more than 1000 locations across the US, Europe and Asia. The move is designed to take advantage of the rapid global transformation and growth of the online…
Daiso Singapore has established an online service to let customers know in advance which of its outlets are crowded. The new website service – which builds on the brand’s previous crowding updates posted via Instagram – now allows customers to assess crowd…
Singaporean non-profit trade association Textile and Fashion Federation (TaFF) will launch an e-commerce platform in support of local fashion labels. Oneorchard.store, scheduled to go live on June 19, is designed to showcase and facilitate exposure of a range…
Singaporean refurbished-electronics marketplace Reebelo has raised a US$1.25 million seed round led by June Fund, with participation from Antler. The funds will be used to speed the firm’s expansion by supporting new marketing and operations hires as the…
Singapore stores are set to reopen as the country will enter the second phase of reopening on Friday, June 19. According to advice from the government, retailers may reopen under Phase Two of the easing of restrictions on Friday, but they must adhere to safe…
Suntec City will host Suntec Shopfest next week, a first-of-its-kind, live-streaming shopping festival in Singapore. The mall operators’ interactive live stream show will be broadcast via the Suntec+ app during four-hour-long interactive sessions showcasing…
South Korean duty-free retailer Lotte has formally taken over the liquor and tobacco concessions at Singapore’s Changi Airport from DFS Group. Construction of the new stores are likely to begin once the island’s current “circuit-breaker” restrictions are…
Ayannah and Equity Capital Advisors will merge their businesses in India, the Philippines and Indonesia to form Ayannah Global, headquartered in Singapore. Philippines-based digital financial services provider Ayannah and India-based payments company…
Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic. Research from data and analytics firm GlobalData suggests the effect on the country’s e-commerce market will be long-lasting, estimated to reach US$9.5 billion this year.…
Singapore retail sales – excluding motor vehicles – plummeted 32.8 percent in April as Covid-19-related lockdowns saw non-essential retailers closing their physical stores. Including motor vehicles in the data, the fall was 40.5 percent. Significantly, online…
Delivery platform Foodpanda in Singapore is to start delivering health and beauty products from Guardian stores. Guardian is the first major health-and-beauty retailer to be listed on Foodpanda’s Shops, offering more than 280 products and on-demand delivery…
In response to growing client demand for a broader suite of Singapore-linked equities products, Singapore Exchange (SGX) will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020. The list of underlying securities for the SSFs are Comfortdelgro,…
Will McLane was named Asia Pacific vice chairman of technology at Citi, according to an internal memo, in addition to his existing role as vice chairman of the global financial institution’s group (FIG). We have asked McLane to assist the APAC technology team…
Singaporean bubble tea brand Teafolia has permanently ceased operations in the territory. A Facebook post announcing the closure cited the “current economic situation” as the reason for shuttering its outlets. The brand had traded in Singapore for the past…
Two in three working Singaporeans lack the savings to last beyond six months without compromising their existing lifestyles should they lose their jobs now, according to a recent survey by OCBC. Around half of the respondents already claimed to have suffered…
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