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A customer in Jakarta sees a sofa on a marketplace at lunchtime, saves it, compares finishes on the brand’s website that evening, visits a showroom on the weekend to sit on it, then buys it online the following week from her phone on the commute home. Five…
The e-commerce sector in Southeast Asia is witnessing significant growth, with its Gross Merchandise Value (GMV) projected to reach around US$350 billion by 2030 and escalate to US$630 billion by 2035. For businesses aiming to tap into this growth, achieving…
Miniso Group, a prominent retailer based in China, reported a significant growth in sales in its first quarter, owing to strong performances across all business areas. The company’s revenue saw a year-on-year increase of 28.5%, totalling up to US$824.6…
Moncler Group, the parent company of Moncler and Stone Island, has announced a robust first quarter. The company’s earnings were primarily driven by sales in Asia. First Quarter Sales Surge The group registered a substantial $1.03 billion in sales during the…
In the first quarter of 2026, Vietnam’s pepper exports rose by 31.7% to a value of US$430 million, despite challenges related to global supply and logistics. The export volume increased by 39.2% to 66,350 tonnes, according to the Vietnam Pepper and Spice…
Danone, the global leader in food and beverages, recently made public its purchase of UK-based nutrition drink company, Huel, for a staggering $1.65 billion. Huel: Convenience in Every Sip Huel, established in the year 2015, has staked its reputation on…
Several months after the reveal of the updated S-Class, Mercedes-Benz has now launched the 2026 Maybach S-Class. The flagship luxury limousine comes with a series of subtle design revisions, enhanced features, and technology upgrades. It will also boast a…
The initiative’s main objective is to guarantee a reliable power supply by enlarging a 132kV-grade underwater power grid between the Malaysian peninsula and Langkawi Island, a well-known tourist hotspot. LS Cable & System prevailed over several international…
The Asia Pacific continues to be a global hotspot for mobile innovation, acting as a catalyst for change in telco strategies due to the growing data consumption rate in the region. According to the Ericsson Mobility Report, global mobile network data traffic…
Vietnam’s first liquefied natural gas (LNG) power cluster, constructed at a cost of US$1.4 billion, is set to commence commercial operations on January 1. The Nhon Trach 3 and 4 LNG-fired plants are located in the southern province of Dong Nai and were…
Rosatom, Russia’s state-owned nuclear company, has proposed offering its cutting-edge technology to assist in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant. In a recent phone call, Rosatom’s CEO, Alexey Likhachev, assured Vietnamese Prime…
PepsiCo has recently unveiled a global alliance with the Mercedes-AMG Petronas Formula One Team that will commence in 2026. This marks a first for the company, as three of its brands, Gatorade, Sting, and Doritos, will collectively collaborate with a Formula…
Asia’s broadband and mobile landscapes are quickly transforming, spurred on by economic goals, digital sovereignty, and leadership in industries powered by artificial intelligence (AI). Significant investments are being poured into denser radio networks, more…
Possible discussions are currently underway in Indonesia regarding a potential merger or acquisition involving Grab, a ride-hailing and food delivery company, and its competitor GoTo, according to a statement made by the presidential spokesperson on Friday.…
As the world of retail continues to evolve, Asia stands at the forefront of innovation, particularly in the realm of fashion. A recent report underscores this rapid transformation, revealing that the region’s online fashion market is projected to reach a…
South Korea is gearing up for a significant boost in its nuclear power generation, with projections indicating an increase to 222.7 terawatt-hours by 2035. This growth reflects a compound annual growth rate (CAGR) of 2.4% from 2024 to 2035, according to…
