Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement later this year after regulatory approvals have been granted. The deal – worth about €97 million – includes about 224 stores and…
Taiwanese bookstore chain Eslite is preparing to launch in Kuala Lumpur. Although final details have yet to be released, the new 3300–6600sqm store will likely trade in downtown Kuala Lumpur. The opening, scheduled for next year and potentially delayed due to…
Local and tourist favorite sandwich maker Hung Rui Chen will be opening a flagship store in Hong Kong this August. Hung Rui Chen is a 73-year-old brand, known for its signature sandwiches and recognized as a national local delicacy for its soft bread and…
The firm predominantly represents indie brands and independent designers, taking orders on its platform and passing on notifications to sellers who then ship their products to consumers directly. Pinkoi is expanding into Hong Kong against the backdrop of the…
Taiwan foodservice sales have slumped by 21 percent year on year due to the coronavirus pandemic. Ministry of Economic Affairs data revealed total F&B sales of NT$51.9 billion (US$1.73 billion) this year across the territory, the steepest decline since…
Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced the expansion of its coffee trading business into Taiwan, as the sole distributor of Italian coffee group illycaffè’s complete product range in Taiwan. The move marks Kerry…
Familymart Taiwan is aiming to open 220–230 new stores in the territory this year, as the Japanese convenience-store chain franchise, emerges unaffected by the coronavirus turmoil. The firm’s takings in this year’s first financial quarter are anticipated to…
Taiwanese bubble-tea chain Chun Fun How is preparing to launch a flagship store at the Esplanade in Singapore this month. The floral-themed store will offer takeaway drinks only in its new outlet – mostly premium fruit tea blends in attractively designed…
Two local airlines will again mount flights to and from Taiwan after the government lifted the travel ban on the territory. Cebu Pacific flights will resume February 17. In an advisory, the airline will have one flight from Manila on Monday and only arrival…
Taiwanese cafe chain Mr Brown coffee has shuttered eight outlets in Taipei due to falling customer demand, among other factors. The closures include a sizeable store in central Tamsui that will cease trading later this month. Employees at the affected outlets…
The digital wallet and fintech service for messaging app Line will allow people from Japan, Korea and Thailand to use their local mobile payment services when in Taiwan. Line Pay has announced a cross-border mobile payment alliance to connect the ecosystems…
Burger King Taiwan is holding a marketing campaign offering 10,000 free burgers to customers of rivals McDonald’s and KFC. Consumers are being invited to swap a same-day receipt for a set meal at either franchise to receive a free Burger King burger. Burger…
Carrefour Taiwan has launched its first line of private label cage-free eggs, responding to growing consumer demands for sustainable products. The range, originating from an Asian retailer at its Neihu Store in Taipei’s north, marks another step in the…
Taiwan retail sales set a record in October, according to data from the Ministry of Economic Affairs (MOEA). Retail sales rose 4.2 percent year on year to NT$340.7 billion (US$11.16 billion), the highest ever recorded for October and following year-on-year…
The global average in terms of broadband speed is 11.03Mbps since May 2019, compared to it being 9.14 at the same time last year. The data from this new research was gathered by a US-based open-source project called Measurement Lab (M-Lab). “With average…
US interior-design house Ethan Allen has opened new outlets in Taipei and Cambodia as it seeks to expand its international footprint as well as its domestic network. Ethan Allen Interiors is an interior-design company which manufactures and retails quality…
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