April Wu

China Market Strategy

May 17, 2016

  • Share by Email
  • Tweet This
  • Share on Google+
  • Share on Facebook
  • Share on LinkedIn
  • Tweet This

Retail News Roundup – May 17

The top 5 retail news clips in Asia this week.

1 – Asia’s ‘alpha women’ drive spending

Becoming a parent drives Indian and Chinese women to work harder and earn more, according to a study which says Asian women should not be seen as docile home makers but as “an economic powerhouse”. >>

2 – China’s mobile shoppers make more “impulse” buys on Wechat

As mobile commerce continues to grow in China, Chinese consumers are increasingly using WeChat to make “impulse” purchases, according to McKinsey’s recently released iConsumer China 2016 survey.>>

3 – Thai debut for new generation Line app

Hong Kong’s on-demand delivery app Lalamove is partnering with mobile platform Line to expand its delivery services in Bangkok. >>

4 – Asian athleisure market expanding into kids

The burgeoning athleisure fashion trend is especially popular among Koreans these days. Now, according to reports out of Seoul, the Asian athleisure market is expanding into children’s apparel. >>

5 -Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing

Apple has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. >>

 

 

Comments

  • Chupacabra

    The Journal reported that the private label push will center on categories with higher profit margins, such as baby products, the report said. The new products will be offered only to shoppers who have signed up for Amazon s Prime membership, which offers free shipping and other perks for a fee of $99 a year, the Journal reported.