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270 stories in this topic
Swedish furniture giant, Ikea, has announced that it will be shutting down seven of its outlets in China, effective from February 2. The decision was revealed in a statement issued by the company on Wednesday. The targeted locations for the shutdown include a…
The health and beauty retail giant, Mannings, has declared that it will shutter all its physical stores in Mainland China and cease its online activities. The company frames this move as a strategic repositioning, representing a culmination of nearly 22 years…
Starting from 2026, Malaysia has decided to raise the age restriction for social media registration to 16 years old. This decision was announced at a recent cyber scam awareness seminar, led by Minister of Communications, Datuk Fahmi Fadzil. The Malaysian…
Beginning January next year, Thailand will impose taxes on all foreign goods sold through online platforms, thereby ending the current exemption on low-value imports priced under 1500 baht (US$46.30). Creating a Fair Market According to Panthong Loikulnan,…
Thailand is set to impose taxes on all foreign goods sold through online platforms starting from January of next year. This move marks an end to the existing exemptions granted to low-value imports that are priced under 1500 baht (US$46.30). Creating a Fair…
In the first three quarters of the year, consumers in Vietnam have shown a growing preference for e-commerce, spending approximately VND34 trillion (US$1.3 billion) per month on popular platforms such as Shopee, TikTok Shop, Lazada, and Tiki. According to…
Donald Trump’s media company, Trump Media & Technology Group, is set to introduce a new dimension to online engagement through a partnership with Crypto.com. The alliance aims to merge social media, fintech, and prediction trading, a move that could…
Amazon’s cloud service, Amazon Web Services (AWS), resumed regular operations on Monday afternoon after an internet outage disrupted thousands of sites worldwide, affecting popular applications like Snapchat and Reddit. AWS, which provides application hosting…
Amazon’s cloud computing division AWS resumed regular operations on Monday after an extensive internet outage that disrupted thousands of websites globally, including popular apps such as Snapchat and Reddit. However, Amazon acknowledged that certain AWS…
Berlin-based platform Highsnobiety is set to halt its e-commerce operations by the end of the current year in a strategic pivot towards its foundational publishing and cultural agency operations. Restructuring and Refocusing As part of a larger restructuring…
Books-A-Million, a prominent US bookstore retailer, is set to collaborate with Pop Mart to make their beloved characters accessible to fans nationwide. The partnership is scheduled to commence in September. It will be launched throughout all retail locations…
Vietnamese consumers are dramatically elevating their expectations for online shopping, demanding not just value but also accountability and reliability from e-commerce platforms. As the market begins to burst at the seams, eclipsing a remarkable $25 billion,…
Japanese apparel company, United Arrows, is set to launch its first global online store in September. This milestone will allow the brand to increase its international presence, providing a tailored shopping experience for its global clientele. Until now,…
As the retail landscape in Asia continues to evolve, the concept of omnichannel shopping is rapidly gaining traction, reshaping how consumers engage with brands. A recent study highlights the innovative strategies retailers are employing to create a seamless…
Prices on the Chinese e-commerce platform, Temu, have dramatically surged in Pakistan, with increases reaching up to 300% in some cases. This substantial escalation has been reported by customers over the past week, marking a significant shift in the online…
Chayanyuese, a renowned Chinese tea brand, has announced its expansion into the North American market via various e-commerce platforms. The Changsha-based tea company has launched an exclusive online store on Shopify while simultaneously opening official…
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