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WeightWatchers announced on Monday its collaboration with Amazon to distribute medications such as injectable GLP-1 obesity treatments to its members. This partnership led to a 9% increase in the telehealth provider’s shares, as investors anticipated…
In a significant shift within the Asian retail landscape, e-commerce giant Alibaba has unveiled an ambitious plan to reshape its supply chain infrastructure. As the competitive landscape intensifies, Alibaba aims to enhance its logistics capabilities and…
Meituan, China’s top food delivery company, has reported an 89 per cent decrease in its net profit during the second quarter. The company attributes this major drop to escalating competition in the ‘instant retail’ sector, which specializes in delivering…
Swiggy, one of India’s leading online food delivery platforms, has reported a near-doubling of its quarterly loss compared to the same period last year. This increase in losses is attributed to a significant rise in marketing expenditures aimed at securing a…
Grab Holdings, a Singapore-based tech company, surpassed Wall Street’s revenue expectations in Q2, with a surge in consumption across its ride-hailing and food delivery services, seemingly unaffected by global economic uncertainties. Superapp Drive Pays Off…
Aldi Australia Goes Digital Aldi’s low-cost, no-frills approach has distinguished it in Australia’s hyper-competitive supermarket industry. However, the German supermarket chain is transitioning into a new era that emphasizes comfort, while preserving its…
In a remarkable shift, delivery has emerged as the leading channel in Asia Pacific’s foodservice market, skyrocketing from 10% in 2019 to a projected 23% by 2024, according to the latest insights from Euromonitor International. This evolution is part of a…
In a significant shift within its operational strategy, Alibaba Group has announced plans to merge its food delivery service Ele.me and online travel platform Fliggy into its China e-commerce business segment. This development, revealed by CEO Eddie Wu in an…
On a day like any other, a delivery driver found himself in a dilemma that would leave him counting his losses. Tasked with delivering a watch touted as a Japanese brand, he couldn’t shake the feeling that something was off. Sensing it was a counterfeit, he…
Costco has teamed up with DoorDash to deliver its range of groceries and household essentials to homes in Auckland at bulk-saving rates. The partnership will enable Costco members and non-members to get everything from toilet paper to fresh fruits and…
Singapore Post (SingPost) announced the appointment of Neo Su Yin as Group Chief Operating Officer (GCOO), effective 2 January 2025. In this newly created role, Su Yin will be responsible for the Singapore Business Unit, the International Business Unit and…
Japan Airlines (JAL) is taking a significant leap forward in the logistics and healthcare sectors by incorporating drone technology into its broader business strategy. This initiative is part of JAL’s Digital Transformation (DX) strategy, which focuses on…
FedEx is supporting e-commerce growth in Singapore and enhancing the customer experience of online shoppers in the city state with the launch of Picture Proof of Delivery (PPOD) for express residential deliveries. Customers in Singapore who choose the…
Singapore Post announced dividends in May as the group posted a record revenue of S$1.9 billion for the financial year 2022/2023, with the international business contributing around 90 percent of the total. In an unpredictable market environment, SingPost’s…
Vietnam’s exports to Russia fell by nearly 60% year-on-year to US$205 million in the first two months of this year. Iron and steel, footwear and electronics exports almost came to a halt while those of agriculture produce like rice, vegetables and seafood…
Higher demand for food delivery workers has ramped up the industry’s labor cost. The rapid growth of South Korea’s food delivery market during the COVID-19 pandemic has inadvertently caused a sharp rise in delivery fees, leaving small business owners and…
