Reporting and analysis on retail, e-commerce, and consumer trends in Taiwan, updated continuously by our newsroom.
Taiwan’s credit card payments sector is on the brink of substantial growth, projected to see an impressive 7% increase by 2025, reaching a staggering $156.2 billion (TWD 5 trillion), as evidenced by findings from GlobalData. This upward trajectory is…
Popular Taiwanese tea shop Don’t Yell At Me has launched in Hong Kong. The Lyndhurst Terrace shop in Central is the brand’s first location outside its home territory since opening last year under Taiwanese celebrity Yako Chan. The brand is known for its…
Singaporean restaurant chain Putien is to enter Taiwan by the end of this year. The expansion – in partnership with Taiwanese restaurant group Wowprime – follows Putien’s forays into Shanghai last June and Hong Kong last year. Putien has been serving…
Bafang Dumpling, a renowned dumpling chain based in Taiwan, intends to establish new stores in Texas later this year. This move is part of its strategic growth within the American market, notwithstanding the current tariff dispute between the U.S. and other…
On May 9, a significant event targeting global investors will unfold at the Hsinchu Science Park in Taiwan. The Vietnam Investment Seminar promises to deliver essential insights into Vietnam’s burgeoning investment landscape, emphasizing collaboration…
Taiwanese bubble tea chain Gong Cha has reached US$600 million in global system sales for the 12 months ended December, driven by its rapid global expansion. Group revenue also rose 12 percent year-on-year to US$190 million as the brand expanded operations in…
Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday. Uber and Foodpanda did not immediately respond…
The world’s largest foundry, Taiwan Semiconductor Manufacturing Company Ltd., is better known by the acronym TSMC. Its largest customer is Apple as the foundry produces the tech giant’s A-series and M-series processors among other chips. It also does work for…
Getting married can be stressful – finding the perfect dress, consolidating the guest list, dealing with fussy relatives…and finding the right jewelry that fits your budget. On the jewelry front, there’s good news. Thanks to Taiwanese jewelry brand Aluxe’s…
The world’s leading foundry, TSMC, is having problems meeting the demand for 3nm chips from Apple. The latter is TSMC’s largest customer, accounting for 25% of its revenue. Apple reportedly locked up all of TSMC’s 3nm production for this year and plans on…
Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh Province, 90 km (56 miles) south of…
Vietnam’s rice exports to Taiwan rose by 18.5% last year as quality improved and prices were competitive. It shipped 20,281 tons worth over US$10 million, accounting for more than 16% of Taiwan’s imports, the third highest market share. In recent years…
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry. The…
A Taiwanese shoemaker in HCMC’s Binh Tan District has laid off 1,185 workers and blamed it on a drying up of orders. In an announcement, Monday Ty Hung Co. Ltd, said its customers face financial issues and have not placed new orders. Despite trying everything…
Swedish fashion brand Cos has expanded its store network into Taiwan, opening its first brick-and-mortar store at the Taipei 101 Shopping Center.The 700sqm flagship also marks Cos’ first concept store in the world. While Cos Taipei 101’s exterior features…
Miracle Coffee will launch a 90-day pop-up café kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands by the end of September 2022, ahead of a brick-and-mortar store launch in the museum’s lobby next year. Miracle Coffee said the kiosk will only…
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