Chris Hubbard

@chriswhubbard Market Strategy

Retail News Roundup – September 16

The top 5 retail news clips in Asia this week.

Newspaper

1 - Chart: Alibaba’s massive dominance of China’s mobile payment market

China’s mobile commerce market is rapidly growing thanks to the fact that Chinese consumers are more open to mobile shopping than those from anywhere else in the world. At the head of the mobile e-commerce game right now is e-commerce behemoth Alibaba’s payment system Alipay, which commanded nearly 80 percent of China’s mobile payment provider market in the second quarter of this year>>

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Chris Hubbard

@chriswhubbard Market Strategy

Retail News Roundup – September 9

The top 5 retail news clips in Asia this week.

Newspaper

1 - Walmart to take over Carrefour stores in Delhi, Jaipur, Agra

US retail chain Walmart will replace three of the wholesale stores set up by French group Carrefour in India with its own, sources said. Carrefour had in July announced it was exiting the India market. It has only a small team left in the country, to conclude the commercial and regulatory transactions. All senior officials, including the then India managing director, Jean-Noel Bironneau, have returned to France. >>

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Chris Hubbard

@chriswhubbard Market Strategy

Retail News Roundup – September 2

The top 5 retail news clips in Asia this week.

Newspaper

1 - Courts Asia to build 10 to 12 megastores in Indonesia over next 5 years

PT Courts Retail Indonesia, a subsidiary of Singaporean retailer Courts Asia Ltd., is looking to build 10 to 12 megastores in Indonesia over the next five years“We have set a schedule to build 10 to 12 megastores over the next five years, but only three or four of them will be established as “big-boxes”. The remaining stores will be in malls,” Courts Indonesia CEO Roy Santoso said on Friday. >>

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