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In the first three quarters of the year, consumers in Vietnam have shown a growing preference for e-commerce, spending approximately VND34 trillion (US$1.3 billion) per month on popular platforms such as Shopee, TikTok Shop, Lazada, and Tiki. According to…
During the 10th annual Hong Kong FinTech Week in 2025, HSBC CEO Georges Elhedery and Standard Chartered CEO Bill Winters discussed the city’s significant role as an international finance hub. Both CEOs shared a bullish outlook about the future of digital…
Tokyo is spurring efforts to establish itself as a leading hub for financial technology (fintech), capitalizing on the exponential growth of digital finance in Asia. The city’s fintech market is predicted to hit an impressive $30.2 billion by 2033, growing at…
In response to escalating prices in bakery franchises, that can exceed 10,000 won for just a few items, South Korean consumers are progressively seeking out more affordable private label (PB) bread. These are readily available in convenience stores and large…
Hong Kong’s prominent fashion retailer, Giordano, recently announced an increase in their sales for the first half of the fiscal year. This significant improvement in sales is mainly attributed to a substantial surge in the company’s e-commerce operations.…
The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 openingsz last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the…
Online sales in Malaysia and Indonesia are set to boom in the lead up to – and during – Ramadan, according to an analysis by advertising platform Criteo. Based on data from last year’s festival – which ran from May 15 to June 14, consumer activity typically…
Among the 28 largest internet companies in the world, 11 are e-commerce businesses. Per Statista, Global retail e-commerce sales are forecasted to reach $2.77 trillion this year. Consider that 62 percent of the world’s 7.2 billion population already owns a…
Restaurants are cashing in on the food delivery boom driven by the likes of Deliveroo and UberEATS, as the fast food industry proves slow to adapt. Financial researcher IBISWorld forecasts revenue growth of two per cent for the restaurant industry in 2017/18,…
The city was home to around 300 app-based taxis of less than nine seats in 2015. But the figure grew to 2,437 by the early 2016 and 22,000 by late April this year. Giao attempted to blame Uber and Grab for being partially responsible for HCM City’s traffic…
Online grocery in China could more than double in growth between now and 2020, according to figures released today by international grocery research organisation IGD, with its current 3.1 per cent share of the country’s total grocery market forecast to leap…
The rising adoption of cloud computing, especially among small and medium organizations, is fueling demand for new identity and access management business models such as Identity as a Service (IDaaS), Frost & Sullivan said. IDaaS will strike a balance between…
Demand for IT workers has doubled over the past five years, according to the latest VietnamWorks report on salaries, benefits and skills in the sector. Another survey conducted by Hanoi Department of Labor, Invalids and Social Affairs in 2016 shows that, on…
Juniper Research predicts that by 2021, nearly 3 billion users will be using retail banking services on smartphones, tablets, PCs and smartwatches, up 53% from 2017. The new research titled “Retail Banking: Digital Transformation & Disruptor Opportunities…
