The Coke ON app is compatible with about 420,000 Coca-Cola vending machines in Japan. (Photo by Yuki Nakao)
3 April 2024
Coupang seeks to extend its reach to more South Korean shoppers. (Coupang)
Retail

South Korea's Coupang plans $2bn expansion of next-day delivery

E-commerce leader's robot-powered Rocket Delivery to reach 88% of the country

28 March 2024
Temu has expanded rapidly in Japan by balancing low prices with product quality. (Photo by Masaharu Ban)
Finance

Temu to make Japan's PayPay payment service available on platform

Rapidly growing Chinese site will offer a Japanese payment option for first time

27 March 2024
Alibaba currently holds a 64% stake in Cainiao.
IPO

Alibaba cancels planned IPO of logistics unit Cainiao

E-commerce group has proposed buying all outstanding shares

27 March 2024
A worker arranges seafood at an Aeon supermarket. The group is Japan's largest employer of part-time workers.
Retail

Japan's Aeon to even out pay between part- and full-time workers

Retail group plans to expand framework for equal wages to more units

21 March 2024
Temu, PDD's overseas platform launched in 2022, has quickly attracted American customers.
Retail

Temu parent PDD's shares rise after revenue beats estimates

Low-cost e-commerce giant targets agriculture and national brands in 2024

21 March 2024
Indonesian superapp provider GoTo's stock price has slumped since the company went public in 2022. (Photo by GoTo)
Companies

Indonesia's GoTo posts $5.8bn loss in 2023 on TikTok write-down

Superapp and ride-sharing company expects EBITDA breakeven this year

19 March 2024
A Freshippo outlet in China's Henan province.
Caixin

Alibaba shakes up grocery arm Freshippo leadership, signaling potential sale

China's instant-delivery grocery market has been marked by fierce competition

19 March 2024
Uniqlo promoted its used-clothing project when it unveiled new products for the spring-summer season in Tokyo on Feb. 7. (Photo by Yutaka Miyaguchi)
Retail

Mended and washed: Uniqlo expands sales of used clothes

Casualwear chain to collect own products, eyeing a recycling-based business

17 March 2024
Online fast-fashion retailer Shein hopes to improve its image by setting up pop-up stores and a permanent presence in Paris.
Retail

Online retailer Shein targeted by fast-fashion bill in France

Lawmakers agree to slap up to $11 penalty per item, in move seen as protectionist

15 March 2024
Alibaba will set up a local purchasing department to help boost exports for small South Korean businesses. (Photo by Tomoko Wakasugi)
Companies

Alibaba to take on Coupang with $1.1bn investment in South Korea

Chinese e-commerce giant to build logistics network for speedy deliveries

15 March 2024
New QR code payment services would let international travelers make purchases abroad using their own payment methods.
Retail

Japan, ASEAN to launch joint QR code payment services in FY2025

International travelers expected to benefit from initiative

14 March 2024
P&G has a large share of the Japanese market for daily goods like detergent and diapers. (Photo by Atsushi Ooka)
Transportation

P&G Japan to cut delivery trucks 30% using AI demand forecast

Link with retailers and wholesalers seen boosting logistics efficiency

14 March 2024
Hangzhou-based bottled water and soft drinks company Nongfu Spring was founded by Zhong Shanshan, China's wealthiest person.
Retail

China bottled water giant Nongfu Spring under fire from nationalists

Company's shares plunge amid 'pro-Japan' criticism

11 March 2024
SM Group operates dozens of malls across the Philippines, including SM Mall of Asia in metro Manila.
Retail

Philippine retail empire SM expands reach outside major cities

Group targets fast-growing middle class ahead of incoming foreign competition

10 March 2024
The Grand Outlet in Karawang draws customers from Jakarta and nearby Bandung. (Photo by Tomoyoshi Oshikiri)
Retail

Indonesia outlet malls draw middle-class fans of Adidas, Coach

Mitsubishi Estate, other foreign developers seize growing demand for brand names

9 March 2024
Not being able to receive merchandise even though it has arrived at port is a common problem faced by retailers in the Philippines. (Photo by Hirofumi Yamamoto)
Trade

Philippine retailers frustrated as customs backups delay imports

Waits for products stuck in ports can last upward of a year

8 March 2024
A Don Don Donki store in Singapore. The Japanese discount chain Don Quijote operates under multiple names overseas. (Photo by Ryo Asayama)
Retail

Japan's Don Quijote parent plans wave of U.S., Asian discount stores

Huge new location in Guam part of retailer's overseas expansion

8 March 2024
A woman walks past a McDonald's in Jakarta on Feb. 29: The fast food chain's growth has slackened amid a boycott of Western brands amid the Israel-Gaza conflict. (Photo by Nana Shibata) 
Business trends

Indonesia, Malaysia consumer boycotts hit McDonald's, Starbucks and others

Muslims protest Western brands over perceived pro-Israel stance on Gaza

7 March 2024
JD.com has expanded discounts to lure price-conscious Chinese shoppers.
China tech

JD.com shares surge 16% on $3bn buyback plan, Q4 revenue beat

Chinese e-commerce group vows to boost price competitiveness but stay 'disciplined'

7 March 2024
City Express added 31 locations last year, bringing the chain to 125 stores nationwide. (Photo by Nikkei)
Retail

Myanmar's City Mart ramps up expansion of convenience stores

Retail group goes on the offensive with minimarts to capture young customers

6 March 2024
FamilyMart ranked 10th in China among convenience store chains at the end of 2022, with 2,666 stores. (Photo by Naoki Matsuda)
Retail

FamilyMart to revamp joint venture in China, ends divorce fight

Japan convenience store chains rethink strategies in changing market

5 March 2024
Nitori has opened stores in several Asian markets, including this location in Thailand. (Photo by Kosuke Inoue)
Retail

Japan furniture seller Nitori to open first Philippines store in Manila

Retailer aims for 50 shops in country by 2032 amid Asia-focused overseas push

5 March 2024
Coupang has built up its own distribution network, allowing speedy deliveries. (Photo by Kotaro Hosokawa)
Retail

South Korea's Coupang eyes luxury goods after earning first profit

E-commerce company to tap earnings at home to expand reach

29 February 2024
The merger will occur over several years in a series of transactions. (Source photos by Nikkei)
Retail

Japan drugstore chains join with Aeon to form world's fifth largest

Welcia and Tsuruha unite to expand in Asia and capture demand from aging population

29 February 2024