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Insights
11-Feb-19 Shiseido has decided to build a new production site, Shiseido Kyushu Fukuoka Factory, in Kurume City, Fukuoka, Japan. The new factory will mainly manufacture skincare products for Japan and overseas markets and will cost approximately JPY45 bn (USD407 mn). [image: Shiseido]
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Insights
01-Feb-19 Indonesian ride-hailing company Go-Jek has now raised more than USD1 bn with the close of its Series F funding round. Investors included tech giants Google and Tencent as well as Chinese e-commerce player JD.com and Japan's Mitsubishi Corp. [image: afif c. kusuma / iStock Editorial / Getty Image]
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Insights
25-Jan-19 ESL Gaming has announced a partnership for the inaugural season of the ESL Indonesia Championship. Indofood, a subsidiary of Salim Group, has partnered with ESL as a title sponsor to present ESL’s first entry into the Indonesian market. [image: Esports Insider]
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Insights
22-Jan-19 Cross-border e-commerce platform NetEase Kaola will open 15 brick-and-mortar stores during 2019 in a bid to keep up with the Chinese new retail boom. The latest store sells over 3,000 SKUs including cosmetics, maternal and child, luxury, electronics and sportswear. [image: NetEase Kaola]
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Insights
14-Jan-19 Despite the economic slowdown, Chinese tourists did not reduce their foreign travel in 2018, making 140 mn trips abroad, up 13% from 129 mn in 2017. At the same time, domestic tourism within China also increased steadily at 11%. [image: Tourism Review]
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