Taiwan Latest News - Inside Retail Singapore

Alibaba launches 2019 11.11 Global Shopping Festival

Alibaba Group has launched its 2019 11.11 Global Shopping Festival, taking the annual event into its second decade.

BreadTalk Group to buy foodcourt rival

Listed Singapore food-and-beverage company BreadTalk Group is to buy foodcourt operator Food Junction Management (FJM).

Gong Cha secures private-equity investment to boost global expansion

International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha.

Hotpot-restaurant chain Haidilao opens 130 restaurants in six months

Hotpot-restaurant chain Haidilao opened 130 new restaurants in the first half of this year, boosting sales by 59.3 per cent to US$1.66 billion.

Carousell marks seventh anniversary with a new logo

Singapore-based online advertising platform Carousell has marked its seventh anniversary with the launch of a new visual identity.

Shopee signs Cristiano Ronaldo

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

Dairy Farm sales lift through acquisitions, restructuring

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

BreadTalk Group earnings halve as expansion costs bite

Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales.

Honestbee back in business with new CEO and backers

Struggling grocery delivery company and grocer Honestbee has a new CEO who has promised to revive the business with the support of investors.

H&M collaborates with Chinese designer Angel Chen

H&M has teamed with Angel Chen in a capsule collection – the fast-fashion label’s first partnership with a Chinese designer.

Same-store sales fall for Chow Tai Fook

Jeweller Chow Tai Fook says same-store sales in its Hong Kong home market and Macau fell by 11 per cent in the June quarter.

Honestbee Taiwan suspends services

Singaporean grocery-delivery service Honestbee is “temporarily closing” its Taiwan operations as it focuses on its core Southeast Asian markets