A recent survey conducted by NielsenIQ reports that 60 percent of Saudi Arabian consumers are buying a wider range of brands than they used to before Covid-19. These findings were published in the Bra…
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The closure of Vans’ APAC stores detrimental to VF Corp’s Q1 sales
VF Corporation reported revenue growth of 3 percent for the first quarter. Whilst the company observed a decline in its Vans business, it was offset by double-digit growth from The North Face brand. A…
5G mobile subscriptions in SEA and Oceania to hit 570 million by 2027
Telecommunications company Ericsson revealed that 5G subscriptions in Southeast Asia (SEA) and Oceania are expected to reach 570 million by the end of 2027 as more network deployments take place over …
Does your platform provider know your customers the way you do?
As your only source of revenue, it is essential that your customers feel understood, seen and heard. As a result, you need a partner who understands them perfectly. The ‘Loyalty Marketing & Rewar…
South Korea employment rate hits 22-year high in May
In May, the number of individuals employed in South Korea climbed by more than 900,000 from the previous year. This is the highest monthly gain observed in 22 years. According to state data released, …
Dingdong (Cayman) Limited announces 2022 Q1 financial results
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…
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…
Japanese merchandise e-commerce to grow 6.6 percent in 2022
The latest report from Fuji Keizai on the state of the Japanese e-commerce market suggests that non-store physical merchandise sales will grow by 6.6 percent to JPY 15.4 trillion (USD 114.7 billion) i…
Report reveals online migration among Asian consumers
Carousell Media Group (CMG) and the Interactive Advertising Bureau Southeast Asia and India (IAB SEA+India) have released a new report showing a digital disruption spurred on by the migration of users…
86 percent of Malaysian businesses ready to live with Covid-19
Ernst & Young Global Limited released “Ernst & Young (EY) Business Pulse Survey: Living with Covid-19 and Winning Together “on the 23rd March, revealing that 86 percent of over 5…