Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
The Taiwanese bakery, Miopane, has successfully ventured into the United States market, launching its first store in Pasadena, Los Angeles. The Pasadena store boasts an open, production-centric layout, highlighting bagels showcased behind a glass counter with…
A surge of new shopping centers is expected to hit the market in Taiwan this year as developers maintain their commitment to large-scale multipurpose ventures. One of the most anticipated launches is the Far Eastern Sogo Department Store’s Garden City in…
Taiwan is set to elevate its national communications infrastructure’s robustness by building five new undersea communications cables. This ambitious step is part of a comprehensive strategy aimed at reinforcing the resilience and reliability of the nation’s…
The revenue for Taiwan’s fixed communication services market is predicted to increase from USD 3.3 billion in 2025 to USD 3.4 billion in 2030, showing a slow compound annual growth rate (CAGR) of 0.4%. This sluggish expansion is primarily due to a continuous…
Taiwan has initiated a significant endeavour to advance next-generation communication technology through the establishment of the Taiwan NextGen Communications Alliance (TNGCA). This alliance comprises over 50 companies and is backed by a six-year national…
Google has inaugurated a new engineering center in Taiwan dedicated to artificial intelligence (AI) infrastructure hardware, marking its largest establishment of this kind outside the United States. This move underscores Taiwan’s pivotal role in the global…
Chelsea Chu, a veteran banking executive, has been appointed to head the corporate banking division of the American financial institution, Citi, in Taiwan. Based out of Taipei, Chu is expected to leverage her considerable experience in banking to enhance the…
Taiwan’s mobile service sector is poised for a notable uptick, projected to grow from USD 5.9 billion in 2025 to USD 6.2 billion by 2030. This increase, marking a 1% compound annual growth rate (CAGR), is primarily driven by the robust uptake of 5G technology…
FamilyMart, a renowned convenience store chain, is stepping up its growth strategy in Taiwan. The company has announced plans to inaugurate 100 new outlets this year, a significant step towards their long-term objective of establishing 5000 stores by 2029.…
Potato Corner, a popular flavored fries chain, has made its debut in the Taiwan market. The brand’s inaugural store was launched at the Uni-President Department Store, located in Taipei’s Xinyi District. Collaboration with Local F&B Operator The launch in…
In a bold move signaling the strength of the retail sector, Japanese retail giant 7-Eleven has struck a deal to acquire approximately 3,200 stores in Taiwan. This acquisition, worth a staggering $1.2 billion, is not just a strategic expansion but also a…
South Korean retail behemoth Coupang has experienced substantial growth this year, boasting a record revenue of $8.52 billion in Q2, a rise of 19% year-over-year with an FX-neutral basis. This marks the first time the company has surpassed the $8 billion…
Starbucks has made a significant addition to its global retail footprint with the unveiling of its largest ‘greener store’ in the Asia Pacific region. The Starbucks Reserve Dream Plaza Taipei in Taiwan is also the brand’s largest flagship store in Taiwan.…
Retail sales in Taiwan experienced a decline of 2.9 percent in June, falling to a total of NT$390 billion (US$13.3 billion). This downward trend marks the third consecutive month of sales decreasing. Decline in Retail Sales The drop in sales fell within the…
Starbucks has unveiled its grandest flagship store in Taiwan, the Starbucks Reserve Dream Plaza Taipei, an ambitious endeavor nestled in the bustling Xinyi District. Open around the clock, this sprawling 2,000-square-meter venue transforms coffee culture into…
Retail activity in Taiwan took a hit in June, as sales dropped by 2.9% to approximately NT$390 billion or US$13.3 billion, marking the third consecutive month of decline. Industry Specific Declines The slump was consistent with the projected range of a 0.4%…
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