Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
Microsoft has opened its ninth Surface store in Asia, its first in Taiwan. The new outlet is located in the Xinyi District of Taipei, and like the others in the slowly growing international Surface store network, it ranges Microsoft’s touchscreen Surface PC…
Japanese retail chain Daiso Taiwan is expecting to face a second import ban. It was earlier slapped with a six-month ban for illegally importing food products from areas affected by the 2011 Fukushima nuclear disaster and selling them with falsified labels of…
Japan’s Sumitomo Corporation will buy a 22 per cent stake of Simple Mart, the second-largest supermarket company in Taiwan. The trading company will pay around ¥4.5 billion yen (US$41.1 million) for the stake in a transaction set for August, the two sides…
Japanese clothing retailer Shimamura will soon expand into online sales in Taiwan. Its local unit plans to open an e-commerce channel on Taiwan’s two major online shopping sites, Momo and Yahoo Jima, by June, following two decades of brick-and-mortar retail…
An ongoing price war in the Taiwanese mobile industry could hamper the development of 5G in the market, regulator NCC has warned. The regulator has asserted that operators merely competing to lure each other’s subscribers rather than developing innovative…
Taiwan’s Chunghwa Telecom could be required to the change frequencies it is using for its ST-2 satellite in order to accommodate the use of 5G on the 3.4-GHz to 3.6-GHz frequency range. Taiwanese regulator NCC plans to conduct experiments to see if the…
Korean golf-wear brand Castelbajac Taiwan plans to open its third store within the next two months. The brand also plans 20 more stores over the next five years. The company hopes to make Taiwan a springboard into other new markets across the region. “The…
Carrefour Taiwan showed growth for the 13th consecutive quarter while in the rest of Asia first-quarter sales sagged for the French hypermarket operator. Taiwan’s like-for-like sales rose by 3.3 per cent. A strategic partnership formed with Tencent in China…
FamilyMart Taiwan has launched a pilot convenience store concept that incorporates a range of digital technology including robots, VR interfaces, interactive projection screens, smart shelves and blockchain applications. A Fujitsu Robopin communication robot…
With a focus on urban markets, Chow Sang Sang Holdings International plans to open around 50 stores this year. While consumer sentiment improved in the second half of last year for the jewellery retailer, it says a strong recovery is yet to be seen,…
Hermes Asia sales grew 11.3 per cent last year to €1.946 billion (US$2.4 billion) as the luxury retailer set a new record for gross retail margin. The company said the retail market was improving in Hong Kong and Macau, with the Asian market “pursuing its…
BreadTalk Singapore says it has formed JVs with a Taiwan company to run bakeries in China. BreadTalk subsidiary Shanghai Star Food F&B Management has partnered with Wu Pao Chun Food of Taiwan to run Wu Pao Chun outlets in Beijing, Shanghai, Shenzhen and…
The Imperial 1L, Good Luck Edition 1L and Luxury Gift Set are part of the Royal Dragon Vodka assortment available in arrivals and departures stores in Taoyuan, Kaohsiung, Taichung and Songshan International Airports. Yam Seng Sales and Marketing Director…
Singapore-based payments startup RateX has raised S$3 million (US$2.3 million) in a pre-series A funding round. RateX is a free browser extension that automatically provides shoppers with the lowest exchange rate without transaction fee for overseas purchases…
E-business last year was particularly strong for apparel retailer Giordano International. Overall, consolidated sales reached HK$5.4 billion, up 5.2 per cent. Group comparable-store sales and comparable-store gross profit rose by 5.2 and 5 per cent…
WeChat Pay and Alipay, China’s two biggest mobile payment platforms, have recently forged partnerships with tax refund companies to enable Chinese tourists to obtain rebates on their purchases via their respective mobile apps. Within this year, WeChat also…
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