April Wu

China Market Strategy

November 3, 2015

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Retail News Roundup – Nov 3

The top 5 retail news clips in Asia this week.

Newspaper

1 – Marks & Spencer goes online but via e-tailers Myntra, Flipkart

British fashion and lifestyle brand has been trying to make a foray into the online segment for some time now in the India market. >>

2 – Vingroup announces plan to buy supermarket chain

Vingroup has announced it will buy a 100 per cent stake in supermarket chain Maximark of HCM City-based An Phong Joint Investment Joint Stock Company. >>

3 – Bonia banks on Vietnam, Indonesia

Fashion retailer Bonia is ramping up its presence in Vietnam, Indonesia and Cambodia as it looks to fresh sources of income as sales slide in its home market of Malaysia. >>

4 – FedEx prepares for eCommerce boom

FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11. >>

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April Wu

China Market Strategy

October 28, 2015

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Banking News This Week – Oct 28

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Vietnam on track to replace China as new manufacturing hub: experts

With increasing foreign direct investment (FDI) flows into its manufacturing sector, Vietnam stands a great chance of leaping ahead and replace China as the new production center. >>

2 – Malaysia’s AmBank Group increases digital banking spend

Malaysia’s AmBank Group is remodelling its retail banking services with a digital boost, in a move that could give confidence to banks across the Association of Southeast Asian Nations (Asean) region. >>

3 – Six trends shaking up transaction banking

It was an opportune time. Despite immediate conditions, Asia will be the centre for business growth, trade and investment flows for banks and corporates for decades to come. >>

4 – New report explores the mobile banking services in Africa: the emergence of mobile savings, credit and insurance

The mobile money market has been evolving quickly and the African region is witnessing the emergence of mobile banking services including savings, credit and insurance. >>

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April Wu

China Market Strategy

October 27, 2015

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Retail News Roundup – Oct 27

The top 5 retail news clips in Asia this week.

Newspaper

1 – Alibaba group unveils omni-channel retailing plans for 2015 11.11 Global Shopping Festival

More than 1,000 retail brands, with 180,000 stores in 330 cities across China, will participate in this year’s 11.11 Global Shopping Festival. In Beijing alone, more than 8,000 stores will join the 11.11 festival. >>

2 – Hip & Bone China plans 50 stores

Fast-rising Canadian street sportswear fashion label Hip & Bone has formed a joint venture with MRH SpaRotica Groupe to roll out 50 stores in China over the next five years. >>

3 – Yum China to split from parent

US fast food giant Yum! Brands is to spin off its troubled Chinese operation into a separate business. The new company will be called Yum China. >>

4 – Smoothie King Vietnam expansion plan

South Korea’s Shinsegae Group is to buy the Korean network of 105 Smoothie King stores and launch the brand into Vietnam. >>

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April Wu

China Market Strategy

October 21, 2015

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Banking News This Week – Oct 21

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Foreign banks prepare for opportunity to open subsidiaries in India

A recent change in regulations allows foreigners to create Indian subsidiaries, freeing them from restrictions on acquisitions and branches. >>

2 – Vietnam: Citi to set up unit to design mobile banking solution

Citigroup Inc’s consumer banking unit said it would set up a unit, Citi FinTech, for designing a “radically simple, connected mobile banking solution.” >>

3 – Mobile banking services in Africa: the emergence of mobile savings, credit and insurance

Mobile money services has a huge potential for revenue generation for telcos, owing to relatively low penetration of banking services (around 29% of the population) and mobile phones (which is nearly 80% of the population). >>

4 – Singapore: Banks exploring plan for money transfers using mobile numbers

A bold new plan to enable money transfers using only mobile phone numbers is being explored as the banking industry looks at ways to improve payment technologies. >>

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April Wu

China Market Strategy

October 20, 2015

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Retail News Roundup – Oct 20

The top 5 retail news clips in Asia this week.

Newspaper

1 – FamilyMart, Uny agree all-stock merger

FamilyMart Co. has agreed to buy Uny Group Holdings Co., the operator of the Circle K and Sunkus chains, creating the nation’s second-largest convenience store operator. >>

2 – Mini-marts boom as Vietnam’s shoppers shift spending patterns

Vietnam is seeing a mini-boom in mini-marts, with local and foreign players beefing up their presence as shoppers eye easy buys while a robust economy increases spending power. >>

3 – Ikea celebrates first anniversary in Indonesia, eyes expansion

Furniture giant Ikea marked its first full year of operations in Indonesia this week by welcoming its 2.8 millionth customer to its store in Alam Sutera, on the western outskirts of Jakarta. >>

4 – Li-Ning growth strengthens

Hong Kong-listed Chinese sportswear brand Li-Ning has released the vaguest operational update of the year – but nevertheless, it’s clear the brand is still growing. >>

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