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The popular Singapore-based Jumbo Group has recently announced its intention to broaden the reach of its Ng Ah Sio Bak Kut Teh brand in China, commencing with a focus on Shanghai. Joint Venture for International Expansion Jumbo Group’s wholly-owned…
Swedish furniture giant, Ikea, is intensifying its expansion strategy in China by launching a more compact store model in the eastern part of Beijing. This move is part of the company’s shift from its traditional large-scale stores towards smaller and more…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
CJ Olive Young, a leading beauty retailer in South Korea, has embarked on a significant global partnership with Sephora, an entity of LVMH, to broaden the international presence of Korean beauty brands. Their strategy primarily revolves around leveraging…
Insurer Singlife’s comprehensive shared service center, PROPEL, has announced a change in leadership one year after its inception. Yirong Wee has assumed the role of chief executive officer (CEO), succeeding Steven Ong, who will spearhead a new business…
Coles, the prominent Australian supermarket chain, reported an increase in sales for the first quarter, primarily fueled by the robust performance of its supermarket division. Sales Increase in the First Quarter Coles experienced a 3.9% rise in sales for the…
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