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QTnet, which provides broadband and related services to customers, will now be able to launch new services using Nokia’s local 5G technology, thus creating a sizeable business opportunity. The private wireless network will be based on the Nokia Digital…
The solution introduces 5G capabilities such as large bandwidth, low latency, high reliability and multiple connections into various industries, and integrates technologies such as AI, IoT, cloud computing, big data and MEC to enable the digitalisation of…
Forget The Nice Guy or Soho House. The place to find Hollywood and Silicon Valley powerhouses during the pandemic has been on Clubhouse, the invite-only, audio-driven app that’s quickly gaining steam as a networking tool for those looking to make it in the…
Facebook reported its fourth-quarter and full-year earnings numbers today. The controversial social networking site reported advertising revenue of $27.19 billion for the fourth quarter running from October through December. That resulted in a 31%…
Convenience-store chain 7-Eleven has warned of a bogus ‘franchisor’ in Cambodia. The company said it received reports that there is an unauthorized party representing itself as 7-Eleven’s master franchisee in the country and attempting to sell outlets. The…
Spanish apparel retailer Inditex has temporarily shuttered almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak. All Inditex locations in its home territory are currently closed for business. Affected stores include Zara,…
US apparel company HanesBrands plans to double its Champion Asia store network within two years. The company has just announced a partnership with LF Corporation in South Korea which will see its store network there expand from around 10 now to more than 30…
Issues began at around 14:42 BST according to network monitor Down detector. Customers all over the UK reported issues and so did customers in Spain, Ireland, Italy, Germany, Greece, and Portugal. Many customers took to Twitter to express their frustration on…
Indian online grocer Grofers will convert around 200 service-partner stores into its own offline branded outlets. The move is intended to expand Grofers’ business without affecting online sales, and has already been put into effect in around 100 such “kirana”…
Saha Group is opening a new wave of Lawson Thailand convenience stores in subway stations and airports. The firm is establishing a joint venture with its partner Japanese chain in collaboration with Thai advertising business VGI Global Media, which…
Security research firm Cybereason reports that over the last seven years, hackers have been able to break into more than 10 cellular networks worldwide to gather information on calls made by at least 20 targeted individuals. The data obtained from this…
Hong Kong-headquartered jeweller Tse Sui Luen has reported a 9.6 per cent increase in profit for the full year, despite a marginal 1.7 per cent drop in group turnover. Profit attributable to shareholders was HK$54.2 million (US$6.9 million) on sales of $4.065…
Tesco Thailand is evaluating opening as many as 750 more convenience stores, which would expand its overall network by about 50 per cent. No timeline was revealed for the move, which is one of several strategic growth options being considered by the…
More stores, broader range, fewer brands as fashion icon tries to double sales. Versace will open its largest store yet in China this week, part of a concerted plan by the fashion label’s new owners to expand its footprint globally. Capri Holdings, which also…
Abu Dhabi-headquartered Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores in the territory by the end of next year. The move, if successful, is expected by management to nearly…
Luxstay has raised $4.5 million from South Korean retailer GS Shop and venture capitalist Bon Angels in its bridge round. A Luxstay representative said Wednesday that receiving funding from reputable international investors in this round is an important…
