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557 stories in this topic
Despite the growing use of generative AI for product discovery, personal recommendations and trusted voices continue to heavily influence consumer purchasing decisions in Southeast Asia’s rapidly expanding e-commerce market, projected to reach $219 billion in…
Chinese tech giants Alibaba Group Holding and ByteDance are divesting non-core gaming and retail assets to private equity funds, reallocating significant resources to accelerate their push into artificial intelligence development across Asia.
A new report from KPMG highlights the increasing role of artificial intelligence in retail, detailing its application across various aspects of the business from high-level strategy to direct customer interaction on the shop floor. The report offers global…
Digital payment methods now account for 64.7 percent of all retail transactions by volume in the Philippines, according to the Bangko Sentral ng Pilipinas. This marks a substantial increase from previous years and exceeds central bank targets.
The global fox nuts market, valued at USD 183.4 million in 2025, is projected to more than double to USD 404.95 million by 2034, registering a 9.2% compound annual growth rate. Asia Pacific dominated the market with a 59.28% share in 2025.
Brands using broad-stroke advertising in Australia are missing significant growth opportunities, according to Omnicom and Flywheel Australia. Precision targeting based on product-level data and customer journeys is crucial for unlocking incremental sales in…
South Korea’s chief trade negotiator, Yeo Han-koo, has been dismissed from his position. This development comes as Seoul faces increasing tariff demands from the United States, alongside ongoing trade disputes and investment commitments.
Online fast-fashion retailer Shein is expected to have a company valuation of roughly $25 billion in its upcoming Hong Kong initial public offering (IPO), a significant decrease from its earlier valuation of approximately $100 billion four years ago. This…
Online fast-fashion retailer Shein recently suffered a defeat in a London court case against rival company Temu. The lawsuit, which was based on allegations of copyright infringement, ended in a ruling that could potentially benefit online marketplaces that…
Alo, a US-based athleisure brand, is making its debut in the e-commerce sector of Mainland China through a partnership with Tmall. This new online store launch will provide Alo with a direct retail channel to a new consumer base. First E-commerce Store in…
Asendia, a leader in cross-border e-commerce, has recently announced a strategic partnership with Etsy, a global hub for unique and creative products. This collaboration offers Etsy sellers from eight key international markets the opportunity to utilize…
Beginning November 1, income tax collection will be initiated from sellers on e-commerce platforms in Indonesia, as confirmed by the country’s tax authority. The plan, which was postponed twice in an effort to stimulate consumer spending, is now scheduled to…
The European Commission has recently accused Temu, a Chinese online retailer, of failing to adequately cooperate during an investigative raid in December last year. The raid was conducted at Temu’s European headquarters in Dublin and forms part of an ongoing…
During the first half of 2026, online retail sales have seen a significant surge, growing by over 40% year-over-year on key e-commerce platforms. This is triple the growth rate of Vietnam’s overall retail sector. Online Marketplaces Experience Rapid Growth…
Shein, the fast-fashion retailer, is looking at a tough road ahead as it aims for a valuation of up to US$50 billion in its highly anticipated IPO in Hong Kong. This is mainly due to new fees imposed on e-commerce parcels in Europe, which are expected to…
As part of its agenda to curb perceived unfair competition from online retailers like Shein, Temu, and AliExpress, Europe has initiated a €3 charge on low-value e-commerce imports from China that were previously duty-free. This move constitutes a significant…
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