Japan’s NTT Docomo and Itochu Logistics are planning to trial an IoT solution for delivery fleet management in the US. The solution uses devices compatible with low-power, wide-area LTE-M technology to track the status of outsourced trucks in their fleets.…
Japan-based e-commerce platform Inagora is teaming with Thailand’s CP (Charoen Pokphand) Group to boost its China business. The joint venture is also researching expansion into Southeast Asia. Inagora targets Chinese shoppers seeking Japanese goods. It boasts…
Japanese startup Paidy has received US$55 million to build a scheme allowing online shoppers to buys goods without a credit card. The series-C funding was led by Goldman Sachs and Japanese trading house Itochu Corporation Paidy was created because even though…
James Riady, the chief executive officer of Lippo Group, one of Indonesia’s largest property conglomerates, met with Itochu chairman and chief executive Masahiro Okafuji in Tokyo on Monday to discuss ways to boost the companies’ cooperation in the regional…
Itochu and two partners are investing roughly 7.6 billion yen ($67.6 million) in an e-commerce venture selling Japanese goods to the Chinese market in hope to enhance its own forays into China’s internet sector. The Japanese trading house is investing around…
FamilyMart Philippines convenience-store chain, partly owned by the Ayala and Tantoco groups, is up for auction. With about 70 stores, the Japanese chain has been offered to prospective investors in the past few months. Ayala Land and the Rustan’s group, via…
Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi. Itochu is expected to help Vinatex make a change in…
A Japanese businessman has revived the established Japanese shirt brand Wasedaya Shirt – in Vietnam. His first outlet is in the Aeon Mall Long Bien in Hanoi, run by Japanese retail giant Aeon and its subsidiary Aeon Mall. Founded in 1903, the Osaka-based…
Japanese trading house Itochu has formed a joint venture with Hong Kong based Novo Fashion Retail Group to ramp up the LeSportsac retail presence in Mainland China. Itochu signed an exclusive distribution agreement with Novo back in 2007 to supply LeSportsacs…
Five companies from three nations are banding together to sell imported popular household products like diapers and milk powder in China. The partners are Itochu, Japan’s third-largest trading house; Charoen Pokphand Group, Thailand’s biggest conglomerate;…