Indonesia Latest News - Inside Retail Singapore
Southeast Asian-focused e-commerce platform Zilingo is likely to venture into offline retail this year.
Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years.
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million.
Japanese electronics retailer Nojima Corp has launched a conditional takeover bid for Courts Asia.
Courts Asia is to close one of its Indonesian megastores.
Nearly two-thirds of consumers in Asia will no longer shop with a retailer after just one poor customer experience.
DFS Group has kicked off its annual gifting campaign at T Galleria by DFS in Okinawa.
“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International.
Struggling department store operator Parkson Retail Asia has hinted it may close further stores as it posted yet another loss.
VeganBurg Indonesia stores in Jakarta and Bali will mark the first steps in a Southeast Asian rollout after Singapore success.
Restaurant operator Jumbo Seafood has opened its first franchise in Mainland China, in the city of Fuzhou.
Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso.