Its first store in South Korea which opened in December 2014 in Gwangmyeong, just southwest of Seoul, logged 345 billion won (US$303 million) in sales in the 2016 fiscal year.This is the largest turno…
Its first store in South Korea which opened in December 2014 in Gwangmyeong, just southwest of Seoul, logged 345 billion won (US$303 million) in sales in the 2016 fiscal year.This is the largest turno…
South Korean retail conglomerate Shinsegae Group that announced a complete pullout of its discount Emart stores from China instead has beefed up online activities in the world’s most populated and big…
Japanese cosmetics maker Shiseido has partnered with Microsoft Japan to develop an app using software to create the illusion that a person is wearing makeup and thus improve their appearance on comput…
As more and more consumers who focus on cost-effective products are increasing, middle-priced brands that are less competitive in price are pulled out from department store, and some high-priced brand…
Mattel Inc (MAT.O) expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LE…
Alibaba Cloud, the cloud computing arm of Alibaba Group, announced today that it plans to establish a new data center in Jakarta, Indonesia. It’s scheduled to open before the end of Q1 next year.…
OPPO, the No. 1 smartphone vendor in China in 2016, plans to sell 100 million phones globally as it taps its models’ strong photography features and the company’s offline retail channels.…
Huawei will become the top personal computer maker in the world in three to five years, leapfrogging the likes of Apple, Lenovo and HP, a top executive at the firm told CNBC on Wednesday, just days af…
Purchases made through mobile devices like smartphones accounted for record-high levels of all products traded online in April, government data showed. Mobile transactions through smartphones and tabl…
The world’s largest e-commerce platform operator said fiscal 2018 sales may increase by up to 49 per cent, 10 percentage points higher than estimates.…