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Chinese outbound tourists are taking China’s mobile payment industry to foreign markets, according to Nielsen. The research company’s report, 2018 Trends for Mobile Payment in Chinese Outbound Tourism, shows that mobile payment transactions by surveyed…
Retail shopping continues to be the largest expense for tourists from China, according to a survey from Nielsen and Alipay, accounting for almost a quarter of total spend. The 2018 trends of Chinese mobile payment in outbound tourism survey revealed that…
Vietnamese consumer confidence has reached a global high thanks to optimism over jobs and personal finances. The Vietnam Consumer Confidence Index has risen by nine points from the second quarter to reach an all-time high at 129 points in the third quarter of…
Vietnamese consumer confidence index achieved its highest score in the last decade, placing it as the fourth most optimistic country in the world, according to market research firm Nielsen. The index reached 124 points in the first quarter of 2018, up 9…
Samsung again tops Asia’s Top 1000 Brands list, produced by Campaign Asia-Pacific and Nielsen. In its 15th year, the list again has Apple at second place. Rounding out the top 10 are Panasonic (up two spots), Sony (down one place), Nestle (down one), LG,…
Chinese tourists are taking their cashless lifestyle overseas, preferring mobile payments for shopping, says a new Nielsen/Alipay survey. Their joint Outbound Chinese Tourism and Consumption Trends: 2017 Survey provides analysis and insights into consumption…
Vietnamese consumers’ higher confidence late last year has helped lift the country to be among the world’s five most optimistic nations, Nielsen said. The ranking is measured for the fourth quarter of 2016, with Vietnam’s Consumer Confidence Index moving up…
Chinese consumers are increasingly craving premium-tier products to underscore their success, says Nielsen China. The market research company defines premium-tier products as items that cost at least 20 per cent more than the average price for the category.…
While there are fewer of them, visitors from Mainland China are still vital to Hong Kong retail, says a new report from analyst Nielsen. It says Hong Kong has 42.8 million mainland visitors every year, representing 75 per cent of its total tourists and…
Indonesian consumer confidence rose again in the third quarter of this year in line with their increasing confidence for the government’s recent economic policies, global research company Nielsen revealed on Wednesday. According to Nielsen’s Global Consumer…
Market research agency Nielsen on Monday says that some 54% of Singaporeans cannot imagine life without their mobile devices and 48% feel anxious without them. In addition, Nielsen found that 73% of Singaporeans enjoyed the freedom of being connected…
Following a lacklustre trading year, Indonesian retailers are starting to find their sales figures turning around. Electronics, automotive parts and clothes have all seen an uptick in demand, reports The Jakarta Post. Ramayana Lestari Sentosa, which runs…
China’s Baidu Wallet has launched its mobile payment service in Thailand, on the eve of the traditional Thai new-year celebration Songkran. Part of the Baidu search-engine group, the digital payment service is now connected to more than 400 merchants in four…
China has the highest adoption rate in the world for technology-enabled payment systems, the media reported on Thursday. In a survey of 13,000 respondents in 26 countries, 86% of Chinese respondents said they paid for online purchases during the past six…
In Asia retail, the humble corner store is an essential ally to fast-moving consumer goods in the battle for market share and customer loyalty, according to a new report from global performance management company, Nielsen. The whitepaper, Maximising…
E-commerce presents enormous opportunity for retailers. Hong Kong’s 2014 sales value of Internet retailing, excluding tax, was HK$1.5 billion (Hong Kong Trade Development Council), and it is estimated to increase to HK$2.1 billion in 2019. As Singles’ Day,…
