Singaporean brands have been promised access to more than 1 billion Chinese consumers through a new cross-border e-commerce app which runs on the WeChat ecosystem. Kinofy Group has launched its plug-and-play, cloud-based, platform which is designed to allow…
Young people visit a self-service shop in Qingdao, Shandong province. Today’s Chinese youth recognize major domestic brands better than well-known international brands, an AT Kearney report said. Chinese millennials, or people born in the late ’80s and early…
“The Chinese consumer in my opinion is the most well-informed, sophisticated, demanding consumer in the world,” declared Terry von Bibra, general manager for Alibaba during his keynote at Shoptalk Europe this week. “They have a disposable income and they want…
New Zealand consumer confidence rose in August with little sign that a cooling housing market is hurting consumer sentiment. The ANZ-Roy Morgan consumer confidence index rose to 126.2 in August from 125.4 in July. Of that, the current conditions index was…
UPS is expanding its ability to ship alcohol, wine and beer to consumers around the world. Using one of the UPS Express shipping services, wine connoisseurs can have their favourite cases of wine shipped directly from the vineyards to their home. UPS is…
Action cameras, flat panel TVs and wearables were the fastest-growing technology products in the past year. The consumer technology market in Asia Pacific (APAC) has grown tremendously over the past year, with the introduction of new technologies and…
According to the “State of the Global Islamic Economy Report” by DinarStandard, Muslim consumers spent an estimated US$243 billion on apparel in 2015. Modest fashion purchases by Muslim women, estimated at US$44 billion that year, accounted for 18 percent of…
Vietnam ranks eighth among the countries in the world with the highest gold consumption in the first quarter of 2017, shows a recent report by the World Gold Council. Vietnam ranks eighth among the countries in the world with the highest gold consumption in…
Vietnamese consumers are the most socially-conscious in Asia-Pacific according to the Corporate Sustainability Report from Nielsen released on April 26. The report indicates that up to 86 per cent of consumers in Vietnam are willing to pay higher prices for…
Smartphones are the go-to device for accessing the internet throughout South East Asia, and consumers expect fast performance of websites across all devices. This is among the key findings of a new “State of the user experience” research report released by…
Consumers are exposed to more than 3000 messages a day. The real question now is, what will make your brand stands out? As consumers only spend a few seconds in front of retailer shelf, are the in-store messages targeted properly and relevant? Hence, design…
Customer retention dropped by 7% in 2016 compared to one year previously, a study from Verint Systems shows. This research was commissioned by Verint from June 23 to July 20, 2016 in association with Opinium Research. Interviews were conducted among 24,001…
The majority of consumers, at least in the US, are fine with the idea of ads on IoT devices, according to an Interactive Advertising Bureau (IAB) study on consumer adoption patterns and trends. In the survey of 1,200 US adults, 65% of IoT device owners said…
It’s been a dramatic year for South Korea. And that drama has played out both in the political and business spheres. Let’s show you what it’s done to consumer spending. Consumer sentiment last month dropped its the lowest level since the 2009 financial…
China’s social consumer retail sales in October 2016 reached CNY3.112 trillion, representing a year-on-year nominal increase of 10% and actual increase of 8.8% if deducting price factors. Meanwhile, from January to October 2016, China’s total social consumer…
China’s consumers are by no means the wealthiest in the world. But they are years ahead of their counterparts in many developed economies in terms of how they shop and pay for what they buy. In this, they are revolutionising the way consumer finance is…