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Chinese e-commerce giant JD exceeded market expectations for its quarterly earnings this Tuesday, reflecting resilient demand despite deteriorating conditions domestically and abroad. This feat indicates steady consumption patterns even amidst the imposition…
An industry-first study by global ecommerce accelerator, Pattern, has shown that despite their surging popularity, Australian consumers hold negative views on the quality of the products sold on emerging marketplaces Temu and Shein. The major Australian…
The Saigon-Hanoi Commercial Joint Stock Bank will sell a 50 percent stake in its consumer finance division, SHB Finance, to Thailand’s Bank of Ayudhya. Vietnam’s fifth-largest bank said in a statement it would sell the remaining 50 percent to Bank of Ayudhya…
Inflation this year is likely to be 2.5-3 percent, well below the target of 4 percent set by the National Assembly, due to low consumer demand, analysts said. Global prices of strategic materials are likely to climb in the next few months due to geopolitical…
Powered by 5G, eSIM or embedded subscriber identity module is a rising technology that is threatening to replace traditional SIM cards. With 5G revolutionizing connectivity, eSIM emerges as a seamless way to harness greater connectivity between a future of…
Citi is keen to exit its India consumer banking operations soon and would like to sell the entire set-up in one go, sources told India media. Talks with DBS Bank are at an advanced stage and they are keen to take up the entire consumer banking operation,» a…
Jebsen Consumer has opened its first retail flagship Select store in Hong Kong. The new 3000sqft store is located in the new K11 Musea at Victoria Dockside in Tsim Sha Tsui. It features a minimalist and stylish store design with more than 1800 items of…
The use of fintech products and services in Singapore has grown substantially in the past two years, though the country still lags China and India by a large margin. The fintech adoption rate among Singapore consumers has almost tripled to 67 percent in 2019…
Online reviews sound good in theory. In practice, however, they don’t work so well. Reviews were initially important as proxies of trust for e-commerce businesses, but they have now well and truly spilled over to bricks-and-mortar businesses, where the…
Most online shoppers compare a brand or retailer’s site to Amazon before purchasing something, according to a study released by Episerver. Episerver’s third annual Global Consumer Study shows that 87 per cent of online shoppers compare what they find on a…
Kepler Analytics is in a unique and privileged position. We have our sensors in over 60 retail brands within 1,700 locations across Australia. We collect traffic and other consumer behaviour measures. By aggregating and anonymising our information we can…
Retailers must recognise consumers are in control and they are looking for experiences above all else, according to US trend expert Tom Mirabile. Speaking at the International Housewares Association’s annual show in Chicago, Mirabile said housewares suppliers…
People born in the year 2000 will turn 19 this year, entering university or finding jobs in a society struggling with slowing economic growth and a rapidly declining population. But as Korea adapts to a difficult economic environment, how will this new…
Singapore retail sales in December slipped 3 per cent year on year. Including motor vehicles in the data, they fell by 6 per cent. There was a month-on-month decline of 4.1 per cent excluding vehicles, largely due to the online-sales boom driven by Singles…
E-commerce giant Alibaba has developed new technology to make it possible for blind and partially sighted people to shop online, according to an article on Alibaba’s news site Alizila. Alibaba plans to launch Smart Touch, an affordable silicone sheet that…
CIMB Thai Bank PCL’s unaudited con-solidated net profit for the year ended Dec 31, 2018 (FY18) fell 98.2% year on year to 6.9 million baht (RM883,732), dragged down mainly by higher income tax expenses. Profit before tax decreased 44.5% to 271.2 million baht…
