The Indonesian government is preparing to hold a meeting to oppose the entry of Chinese e-commerce giant Temu.
Retail news
Indian retailers are calling for the suspension of Amazon and Flipkart and the introduction of a luxury tax on high-end products sold on these e-commerce platforms.
dLocal, a cross-border payment platform, has strengthened its partnership with ShopeePay, a leading mobile wallet in Asia to improve payment solutions.
IKEA and its sister company Ingka Centres are to accelerate their expansion in Asia with the opening of Livat Shanghai in China and Lykli Noida in India.
Reliance Retail Ventures Limited and Delta Galil Industries have unveiled a 50/50 joint venture to create an apparel innovation platform in India.
MINISO marked the grand opening of its largest global flagship store at Central Park Mall in Jakarta, Indonesia, achieving a new global single-day sales record of RMB 1.18 million (over USD 166,000).
FedEx upgraded its FDMi e-commerce solution, enabling customers in Saudi Arabia to receive delivery notifications via WhatsApp.
US senators voiced concerns that Kroger, one of the country's top supermarket chains, may be using electronic shelf tags for dynamic pricing.
Yoshitsu has begun solidifying its presence in Southeast Asia by setting up a network of franchise stores in Thailand and Malaysia.
Indonesian telecommunications company Indosat Ooredoo Hutchison has introduced an AI-powered digital solution designed for enterprises in the retail sector.