Retail

YouTrip registered an 84% year-on year increase in online overseas purchases by Singaporean users from July 2020 to June 2021. This builds on the previous spike in overseas spending recorded by the company in the first half of 2020, reflecting a greater appetite for...

Bank DBS Indonesia has collaborated with CARInih, a technology-based company that prioritises a collaborative ecosystem, to support the digital transformation of Indonesian small, micro, and medium enterprises (SMEs) online and offline. CARInih provides an application that features Bank DBS Indonesia’s corporate digital banking services,...

Retailers in Singapore are grappling with shortage of manpower, with 9 in 10 retail employees either 'somewhat agreeing' (48%) or 'strongly agreeing' (45%) that there is a manpower shortage. Hence, retailers need to address the concerns of the workforce, with 2 in 5 (44%) retail employees...

More than two-third (71%) of consumers think technology and digitalization are key to enabling them to live a more sustainable lifestyle, while over a third (33%) desire apps to provide clearer information on how to live sustainably across various aspects of life, according to an independent research...

Visa has launched Where You Shop Matters, an initiative that encourages consumers to support their local businesses, while helping SMEs to go digital following the onset of COVID-19. The initiative is part of Visa’s broader small business strategy and follows commitments the company has made to support 10 million...

hoolah, Asia’s omnichannel Buy Now Pay Later (BNPL) ecosystem, has announced its partnership with BridgerPay, a payments intelligence platform, to provide merchants across Singapore, Malaysia, and Hong Kong the opportunity to offer their customers to pay later in a way that is flexible, convenient, and transparent.

The pandemic has changed the nature of retail and it has been difficult for companies to keep up with the pace of change in the wake of increased technology applications that are taking over our lives in so many different ways, literally. While...

As the development of on-demand retail is entering into a new phase where its coverage is expanding from scenarios of daily necessities buying to purchasing items such as freshly-released mobile phones and cosmetics, the importance of fulfilment is becoming eminent, increasingly. New opportunities emerging...

Founded in 2013, Cru World Wines represents the vision of its co-founders Simon Farr and Jeremy Howard, who share the desire to harness new technology to improve the experience of fine wine collectors. Since then, they have grown into a leading full-service marketplace for acquiring, trading, and...

The pandemic has made online florist sales boom in 2020, even as the social distancing measures in place have caused overall sales in physical stores to drastically plummet. "Shortly after the pandemic came in full force, we projected that our sales would slump to...