KK Super Mart, a prominent convenience-store chain in Malaysia, is purportedly preparing for an initial public offering (IPO) that could potentially reach a staggering US$750 million in the latter half of this year. Company Ownership and Valuation The…
Pop Mart, renowned for producing the popular Labubu figures, is set to expand its presence in the United States. This decision has been well-received by the corporation’s shareholders. Pop Mart has unveiled an ambitious plan to inaugurate more than 20 new…
Hapas, a fashion accessories retailer based in Vietnam, is reportedly setting its sights on raising a minimum of $15 million in a forthcoming funding round. The objective of this fundraising effort is to bolster its omnichannel footprint and facilitate…
Sa Sa International, the prominent Hong Kong beauty retailer, has reported a widespread increase in sales during the fiscal third quarter. After a lengthy phase of dwindling profits, which the company previously attributed to a “languid macroenvironment”, Sa…
AliExpress, a renowned e-commerce platform, recently announced a strategic alliance with Homart Group, a prominent Australian health and wellness manufacturer. This collaboration seeks to enhance AliExpress’s local product offerings through the inclusion of…
Beginning January next year, Thailand will impose taxes on all foreign goods sold through online platforms, thereby ending the current exemption on low-value imports priced under 1500 baht (US$46.30). Creating a Fair Market According to Panthong Loikulnan,…
Amazon recently announced robust profit growth for the third quarter, showing sustained double-digit growth due to advancements across the company. Strong Sales and Revenue Growth The net income for the quarter ending on September 30 experienced a 13%…
My Food Bag Group, a prominent meal kit company, has experienced a favorable upward trend in growth during the second half of the fiscal year 2025 (FY25). This positive trajectory is reflected in the company’s increased profitability and the successful launch…
In the week following the introduction of government-issued consumption vouchers, South Korea’s convenience store chains reported a significant rise in sales. The four major chains – CU, GS25, 7-Eleven, and Emart24 – witnessed an increase of more than 10% in…
The K-Beauty industry is experiencing a notable resurgence, with startups raising an impressive $4.9 million in funding during the first four months of 2025, as reported by Tracxn. This revival can largely be credited to the sector’s renowned high-quality…
The operations of American beverage titan Starbucks in China have recently shown signs of resilience, reporting flat same-store sales for the quarter ending March 30. This performance stands in stark contrast to an 8% decline in the same category for the year…
U.S. Dollar Steady at Two-Week High Against Vietnamese Dong In a notable development on Thursday morning, the U.S. dollar has maintained its position at a two-week high against the Vietnamese dong, reflecting ongoing shifts in global financial markets. The…
Thriving Even in Economic Uncertainty: XYZ Company Announces Expansive Growth Strategy In a surprising revelation that has energized market watchers and retail news observers alike, XYZ Company recently announced a robust expansion plan which promises to…
Uniqlo owner Fast Retailing’s healthy online sales and strong performance in overseas markets, particularly in China, have helped boost its third quarter results. The Japanese retailer said its online sales saw a 16.1 per cent year-on-year increase in the…
Uniqlo owner Fast Retailing’s healthy online sales and strong performance in overseas markets, particularly in China, have helped boost its third quarter results. The Japanese retailer said its online sales saw a 16.1 per cent year-on-year increase in the…
Sweden’s AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year. The agreement announced on Tuesday by Nvidia and Volvo, the world’s…