News
Thai shopping apps end discount wars and raise fees on sellers
12+ hour, 37+ min ago (327+ words) Delivery speed replaces price cuts as platforms push four-hour shipping. Thailand's e-commerce sector has shifted from a "growth at all costs" phase to a monetisation phase, with platforms prioritising profitability over expansion by raising commissions, cutting subsidies and expanding revenue…...
Thailand marketplaces raise commissions, cut subsidies to boost profit
12+ hour, 37+ min ago (353+ words) Online retail moves beyond discount competition as platforms expand monetisation tools. Thailand's e-commerce sector has shifted from a "growth at all costs" phase to a monetisation phase, with platforms prioritising profitability over expansion by raising commissions, cutting subsidies and expanding…...
L'Or'al boosts India push with Innovist acquisition
6+ day, 5+ hour ago (110+ words) Founders will remain involved as minority shareholders and continue operations. L'Or'al has signed an agreement to acquire a majority stake in Indian personal care company Innovist, expanding its presence in India's fast-growing beauty market. Innovist, founded in 2019 by Rohit Chawla,…...
DHL upcycles retired uniforms into fashion accessories with Hong Kong designer
1+ week, 4+ hour ago (293+ words) Retired courier gear is reworked into accessories with Redress and Absurd Laboratory. DHL Express has teamed up with Hong Kong designer Eric Wong and environmental NGO Redress to turn retired courier uniforms into a limited-edition fashion accessory collection, according to…...
Retailers lose AI value as batch data delays real-time decisions
1+ week, 2+ day ago (324+ words) Inventory mismatches failed redemptions and fulfilment delays during peak sales trace back to disconnected retail data. Retailers are struggling to turn AI investments into revenue because fragmented and delayed data still prevents them from acting on customer, inventory and fulfilment…...
Super Garden targets APAC expansion with shelf-stable freeze dried ice cream
1+ week, 2+ day ago (259+ words) Dairy regulations pose the main hurdle as the Lithuanian firm builds on early sales in Japan and Korea. Lithuanian food maker Super Garden is targeting wider Asia-Pacific distribution for its freeze-dried ice cream, but dairy regulations could complicate market entry....
Nawhal's Sauces brings 50 Belgian sauce flavours to APAC retail
1+ week, 2+ day ago (274+ words) Nawhal's Sauces enters APAC with 11 packaging formats from single-serve sticks to 950ml bottles for retail and restaurants. A Belgian sauce company with a 20-year European track record is making its first move into Asia, where novelty will only take it so…...
Kim Chuan eyes Philippines, Vietnam, and Japan for bakery fat sales
1+ week, 2+ day ago (293+ words) The bakery fat and flavoured butter maker says finding the right exhibition channel remains its biggest barrier to APAC entry. Kim Chuan Oils & Fats is testing trade shows across Asia-Pacific as it looks for buyers that can carry its bakery…...
GS Retail builds private label and delivery to win younger shoppers
1+ week, 2+ day ago (302+ words) App data from sweet potato deliveries is now driving year-round product launches and customer acquisition in South Korea. For South Korean convenience retailer GS Retail, cracking the younger shopper comes down to a question most retailers are not yet asking:…...
Foodpanda adds Sheng Siong for on-demand grocery delivery
1+ week, 2+ day ago (109+ words) Grocery order frequency on its platform has risen 7% since 2023." Foodpanda has onboarded supermarket chain Sheng Siong onto its platform for on-demand grocery delivery in Singapore. From 22 June, consumers can order over 12, 000 grocery and household products from 43 Sheng Siong outlets islandwide....