Dingdong (Cayman) Limited (“Dingdong” or the “Company”), the fresh grocery e-commerce company in China with advanced supply chain capabilities, announced its unaudited financial results for the quarte…
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Finnair shifts focus away from Asia after Russian airspace closure
Finland’s national carrier Finnair, aims to change its focus away from Asia travel and lower the size of its operations, subject to Russian airspace closure.…
Hong Kong Export Index rebounds across all markets and sectors
The Hong Kong Trade Development Council (HKTDC) Export Index grew 6.2 points to 30.9 in the second quarter of 2022, first rise in the past 12 months, indicating that local exporters have begun to rega…
Fortnum & Mason to launch Tmall Global store
British upmarket department store Fortnum & Mason is announcing the partnership with ecommerce accelerator Pattern to expand its online business to China. Pattern will act as Fortnum & Mason…
Australia’s minimum wage to increase by more than 5 percent
Australia will increase its national minimum wage by more than 5 percent early next month, a decision made by the Fair Work Commission on Wednesday and blasted by the country’s national retail body.…
Meta unveils plans for the metaverse in Hong Kong
Meta announced a series of new initiatives to support the development of the metaverse in Hong Kong. Working with a wide range of partners including local café chains, creators, educators, arts and cu…
What does it mean for Moutai to enter the Chinese ice cream market?
Recently, a new entrant to the Chinese ice cream industry caused a stir on social media, the Chinese luxury Baijiu brand Maotai. It opened two ice cream stores within ten days and sold pre-packaged ic…
Let’s get physical: Why Hyperphysical stores are this year’s biggest retail trend in Asia
Meta announced a series of new initiatives to support the development of the metaverse in Hong Kong. Working with a wide range of partners including local café chains, creators, educators, arts and cu…
FedEx Express strengthens connectivity between Asia-Europe
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, today announced a new route between Asia and Europe. The route will provide impr…
Nike ends running app in China
Less than a decade ago, running along Suzhou Creek and appreciating the spectacular vista of the Bund was one of the most attractive things to do in Shanghai. Nike’s sponsored running parties would en…