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Indian online fresh fish and meat retailer FreshToHome has raised US$11 million in funds led by Hong Kong-based CE Ventures. FreshToHome, which currently operates in Bengaluru, Delhi/NCR, Kerala, Chennai and Dubai, now intends to grow its business throughout…
Two regional Indian grocery retail chains are effectively merging, creating a national player. Spencer’s Retail, part of RP Sanjiv Goenka Group, says it will pay US$42.76 million to acquire upmarket grocery chain Nature’s Basket from Godrej Industries. The…
Home-grown online grocery marketplace Dei has launched in Singapore. Standing for ‘Daily Everything’, Dei hosts more than 70 physical Singapore-based Indian retailers, and 15,000 products categorised into canned goods, clothing, locally sourced vegetables,…
Coles on Wednesday started selling a range of ‘everyday essentials’ on eBay, in a bid to reach some of the marketplace’s 11 million unique monthly visitors. The offering includes perishable and non-perishable items in Coles’ everyday essentials range across…
Japan’s Summit supermarket will open first outlet in Vietnam’s capital city Hanoi this month, with two more stores expected to open next year. The Vietnamese Summit stores will be operated by Fujimart Vietnam Retail, a joint venture between Summit parent…
Walmart China has begun testing same-day grocery delivery in its Xiangmihu store. The new Walmart To Go service is available within a WeChat mini-program, following Walmart’s partnership with online social networking provider Tencent earlier this year. It is…
E-commerce giant JD’s offline retail store 7Fresh is set to launch at Shangbin Plaza in Shanghai’s Hongkou District. The move is regarded as a step towards expansion nationwide beyond the firm’s home base in Beijing, as well as an attempt to follow recent…
The state auditing agency says Unilever Vietnam should pay over $25 million in back taxes for the 2009- 2013 period. Speaking at a National Assembly session on the draft bill on Tax Administration, State Auditor General Ho Duc Phoc pointed to the…
Amazon’s aim to conquer retail’s largest category, grocery, through the acquisition of bricks-and-mortar supermarkets has been further illuminated by its reported attempt to initiate takeover talks with the upmarket chain, Waitrose, in the UK. A recent report…
Singapore is about to have its first zero-waste grocery store, UnPackt. It will sell its goods without any packaging, encouraging customers to take along their own containers. In self-serve gravity bins to reduce food waste, dried food and cleaning supplies…
In South East Asia, online retail grocery is growing as an increasing number of Singaporeans prefer to do their shopping online. “It is getting better and better,” said Mr Vikram Rupani, president of RedMart, an online grocery company based in Singapore that…
Grocery shopping via online and mobile channels in Korea rose sharply in the first quarter from a year earlier, backed by robust demand for delivery services of fresh food amid a rise in the number of one-person households. The amount of transactions made for…
Grocery stores are typically the turf of women in the Philippines, but the presence of men is increasingly being felt, according to the latest survey conducted by market research firm Nielsen. Men now make up as much as 40 percent of shoppers in supermarkets,…
As well as electronics and mobile phones, its usual products, Vietnamese chain Mobile World is planning to distribute groceries in its first stores in Cambodia, Laos and Myanmar. CEO Tran Kinh Doanh says the stores will open early next year. Meanwhile, he has…
eBay is getting into groceries – in Korea, that is. It will offer perishables such as vegetables, meat and dairy through Korea’s Gmarket and IAC platforms. The Partnership Program Director for eBay Korea Ju Cheol Lee said, “We’ve aligned with a top Korean…
