April Wu

China Market Strategy

December 15, 2015

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Retail News Roundup – Dec 15

The top 5 retail news clips in Asia this week.

1 – Yum! Brands unveils Yum! China strategy

Yum! Brands says the planned spinoff of its Yum! China operation into two separate independently-traded companies will boost returns and increased asset value for shareholders of both. >>

2 – Vietnam a rising Asian retail market

Viet Nam is on the way to becoming one of the most developed retail markets in Asia. >>

3 – Gap to open 10 new stores in China

US-based Gap Inc will open 10 new stores within the next two months in China as the country becomes the most significant growth market for the group. >>

4 – Bangkok:St. Marc Cafe debuts in CentralWorld

St. Marc Cafe, a Japanese bakery restaurant and coffee shop brand, has opened in Thailand. >>

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April Wu

China Market Strategy

December 9, 2015

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Banking News This Week – Dec 9

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

1 – China Bank to open 11 branches in December

Philippines — China Banking Corporation is set to open 11 more branches in major business districts in Metro Manila next month, in a bid to expand its presence and reach more clients. >>

2 – WeChat launches its peer-to-peer mobile wallet in South Africa, no bank account required

Chinese Internet giant Tencent this week rolled out WeChat Wallet, an ewallet that lives within the main WeChat mobile messenger app, in South Africa. >>

3 – South Africa: Banks failing to exploit online, mobile

According to the study the majority of banks (87%) perform less than 10% of sales via digital, and for one in five banks, this figure falls to less than 1% of sales. >>

4 -Banks still some way from leading mobile revolution

As part of efforts to be at the frontline of the mobile revolution, banks are launching new apps to promote the use of mobile banking among customers. However, they still have some way to go, with consumers looking for more and better features. >>

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April Wu

China Market Strategy

December 8, 2015

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Retail News Roundup – Dec 8

The top 5 retail news clips in Asia this week.

1 – Millennials: China’s strongest online shopping power for cross-border purchases

The number of China-based consumers shopping US brands online over the holiday season has jumped 7 times over last year, representing a record-breaking year, according to Alipay, China’s leading third-party payment platform. >>

2 – Amazon teams up with Baidu in latest crack at China

Amazon has partnered with Chinese internet giant Baidu which will provide search features, apps and online video on the U.S. e-commerce site’s tablets in China. >>

3 – Coccinelle focuses on Asian expansion

Italian accessories brand Coccinelle says Asia Pacific remains its priority as it expands its retail network internationally. >>

4 – Ikea to ramp up SEA expansion

Swedish furniture and homewares retailer Ikea wants to ramp up its Southeast Asian store rollout. The next two markets in its sights are the Philippines and Vietnam. >>

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April Wu

China Market Strategy

December 1, 2015

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Retail News Roundup – Dec 1

The top 5 retail news clips in Asia this week.

1 – Forget e-commerce, m-commerce is where India’s potential lies

With the availability of cheap mobile data plans increasing, analysts believe this will help boost internet usage via mobile handsets — and consequently online shopping. >>

2 – eCommerce is gravitating towards social media

With the eCommerce scene exploding within the region and consumers being constantly online browsing the internet and connected on social media, it comes as no surprise that social media will play an even more integral role in shaping the face of the retail industry. >>

3 – Daiso, Robinsons Retail to strengthen PH partnership

There are now 44 Daiso Japan stores in the Philippines and over 2,400 stores in 30 countries around the world. >>

4 – Jollibee scouring China, US for acquisitions

Philippines-based Jollibee Foods is actively searching for at least two more established fast food or QSR restaurant chains to boost its brand portfolio. >>

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April Wu

China Market Strategy

November 25, 2015

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Banking News This Week – Nov 25

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

1 – Banking sector must accelerate reform efforts, say experts

In 2015, due to the explosion of information technology as well as the strong growth of electronic services all over the world, banking services on the platform of mobile devices are developing rapidly in Viet Nam. >>

2 – Peppermint Innovation to build m-Pesa for the Philippines, list on ASX

Peppermint Innovation Ltd, an Australian mobile banking technology platform, is in the business of providing vital access to banking services for millions of people not currently linked to traditional banks. >>

3 – Baidu teams with Citic Bank to join China’s online banking wave

Baidu Inc., the Chinese Internet search company, is teaming up with China Citic Bank Corp. to join the wave of online lenders altering a financial industry traditionally dominated by the big state banks. >>

4 – Lot of contacts in your mobile phone may get you loans

They have no bank account, no credit score, no financial identity. So a quarter of humanity hasn’t been able to borrow money. Until now. >>

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