alibaba 1111 global shopping festival kicks off with impressive figures

Alibaba 11.11 global shopping festival kicks off with impressive figures

The 2020 11.11 Global Shopping Festival is now taking place with two shopping windows, from November 1 to 3 and THE DAY on November 11, doubling support to merchants and opportunities for consumers to shop.
retail banking give boost to local market

Retail, banking give boost to local market

Vietnamese shares inched up on Monday morning as retailers and banks’ stocks progressed amid caution over the US presidential election.
fpt retail reports yet another quarter of losses

FPT Retail reports yet another quarter of losses

FPT Retail has reported another quarter of losses due to weak mobile sales and the mounting costs of expanding its Long Chau pharmacy chain.
alibaba 1111 global shopping festival is on horizon

Alibaba 11.11 global shopping festival is on horizon

Alibaba Group will organise its 11.11 Global Shopping Festival with innovatitve technologies and features to satisfy evolving cosumer demand. Southeast Asian consumers, including those from Vietnam, can enjoy the festival through the Lazada platform.
masan marching towards building a leading consumer retail platform

Masan marching towards building a leading consumer-retail platform

Masan Group, one of the largest private conglomerates in Vietnam, has just released its management accounts for the third quarter as well as the first nine months of the 2020 financial year, with upbeat business results across diverse segments.
alibaba group unveils plans for 1111 global shopping festival

Alibaba Group unveils plans for 11.11 Global Shopping Festival

Alibaba Group Holding Ltd. (NYSE: BABA; HKEX: 9988) has kicked off its 11.11 Global Shopping Festival with new innovations and features to meet rapidly changing consumer trends.
tetra pak and mm mega market team up to collect used beverage cartons at supermarkets

Tetra Pak and MM Mega Market team up to collect used beverage cartons at supermarkets

Sweden-based food processing and packaging solutions company, Tetra Pak has cooperated with MM Mega Market Vietnam Co., Ltd. to launch public drop-off stations for used beverage cartons at seven MM Mega Markets in Ho Chi Minh City and Hanoi in 2020.
japanese looking miniso officially listed on nyse

Japanese-looking Miniso officially listed on NYSE

The boss of China-based household item retailer Miniso has become a new billionaire within a few days of taking the company on the US stock exchange.
retail property expected to recover significantly in first quarter of 2021

Retail property expected to recover significantly in first quarter of 2021

Despite the slow recovery of retail property in the last quarters of the year, remarkable recovery is expected from 2021.
flying through turbulence for retail industry in vietnam amid pandemic

Flying through turbulence for retail industry in Vietnam amid pandemic

Vietnam has witnessed bright spots in socioeconomic development in the third quarter, including in the retail industry. The third quarter of 2020, total estimated retail sales of consumer goods and services reached VND1.3 quadrillion ($56.5 billion).
mark your calendars prime day is here in time for the holidays on october 13 and 14

Mark your calendars! Prime day is here in time for the holidays on October 13 and 14

To support small businesses during COVID-19 and beyond, Amazon is investing an additional $100 million in special Prime Day and holiday promotional programmes, and through October 12 will offer a $10 credit to use on Prime Day to members who spend $10 on items sold by select small businesses.
bmw fined 18 mn in us over inflated sales data

BMW fined $18 mn in US over inflated sales data

US securities regulators charged BMW with inflating its retail sales volumes to investors, fining the luxury car company $18 million in a settlement announced Thursday.
parent company of cho tot wraps up 80 million investment

Parent company of Cho Tot wraps up $80 million investment

Carousell, one of the world’s largest and fastest-growing classifieds and the parent company of Cho Tot, has announced receiving an $80 million investment from a consortium led by Naver and featuring Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities.
iprice received investment from igdev

iPrice received investment from IGDEV

With the COVID-19 pandemic unabated in Southeast Asia, Malaysia-based online shopping aggregator iPrice has just received an investment from IG Digital Equity Venture (IGDEV) of an undisclosed value.
rs components deepens presence in apac

RS Components deepens presence in APAC

RS Components, a global omni-channel solutions partner for industrial customers and suppliers, has strengthened its presence in the Asia-Pacific through the launch of bespoke e-commerce platforms for Indonesia and Vietnam, with local sales support backed by dedicated sourcing, customer service, and technical teams.