Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
7-Eleven Inc., the largest convenience retail chain in the world, keeps getting bigger with the opening of its 60,000th global store. The Irving-based company traces its roots to the 1927 opening of Southland Ice Co. in Oak Cliff, Texas. In 1946, with stores…
On the agenda for October are four major events in the World Design Capital® (WDC) Taipei 2016 program of International Signature Events: the International Design House Exhibition, International Design Week Forum, International Design Policy Conference, and…
Kantar Worldpanel has formed a global partnership with Facebook that brings Facebook mobile ad exposure data into Kantar Worldpanel’s Consumer Mix Model (CMM) service. In Asia, the service has launched in South Korea, Taiwan, Thailand, Philippines, and…
Taiwan’s APT has launched what it is calling the market’s first IoT dual-network multi-platform, named IoT by Gt Smart Life. The platform combines LTE connectivity from APT with a LoRa network deployed by network operator FHNet. APT has already rolled out 500…
Star power is being used to connect fast-growing athleisure brand Under Armour with Chinese consumers. NBA All-Star Stephen Curry heads back to China next month for another promotional tour for sportswear brand Under Armour China (UA). As UA seeks to take…
On the back of rising demand for the upcoming Ghost Festival, the local retail sector is expected to see sales growth in July, at a time when many retailers have aggressively launched promotional campaigns, according to the Ministry of Economic Affairs…
A massive Starbucks Asia store roll-out has boosted the global coffee company’s third quarter results. Across China and the Asia-Pacific region, Starbucks opened 888 new stores in the first nine months of the current financial year. That helped lift revenues…
Sa Sa sales are slowing, despite an improvement in Mainland Chinese visitor numbers. Retail and wholesale turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter to June 30, according to unaudited data. Turnover…
Chinese eCommerce giant Alibaba Group Holding plans to open a virtual-reality technology (VR) demonstration shop this month, with the technology to roll out by the end of the year. Its VR product is designed for online shopping. Alibaba’s 400 million…
ISP and MVNO Internet Initiative Japan (IIJ) has arranged to sell a prepaid SIM card for Taiwanese visitors planning to visit Japan at all Taiwan 7-Eleven locations. The ready-to-use, data only Japan Travel SIM offers 1GB of data for 30 days for TW$780 ($24),…
A Taiwan-based sports shoes manufacturer has expressed its interest to expand its business in Indonesia. The company, who has had a factory in Tangerang since 1996 with 1,100 workers, will expand and is expected to absorb up to 10,000 workers. The Investment…
South Korean cosmetic manufacturer Banila Co has launched outlets in Malaysia, its fourth overseas market following China, Taiwan and the Philippines. Banila says its first cosmetics store in Malaysia opened in Mid Valley Mega Mall, the largest shopping…
Taiwan’s Chunghwa Telecom has set a target of attracting at least 2 million new 4G users this year to help maintain its market share. The operator aims to boost its 4G subscriber base to up to 7 million in 2016. This would represent an annual growth rate of…
Taiwanese streetwear label Phantaci has launched its first overseas boutique, at Orchard Gateway in Singapore. Covering 1200 sqft (111 sqm) on the mall’s second floor, the outlet features pink shelving and black-and-white tables echoing a piano keyboard. As…
Asian eCommerce company, Zalora, has relaunched its scholarship program, now on its second year. The theme for the Zalora Scholarship this year is “Function Vs Fashion: How the Two Coexist in (Major) Trends Over the Decades”. The online retailing company says…
Japanese payments company NTT Data Corporation has agreed to take on pioneer Vietnam fintech company VietUnion Online Services, which has an intermediary payment services licence issued by the State Bank of Vietnam. VietUnion, a group company of Saigon…
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