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Insights
09-Aug-18 Crocs has announced it is closing the last of its manufacturing sites, which is in Italy, having already closed its Mexico site in Q2. But the footwear company asserted that it was not going out of business. [image: Michael Brochstein / SOPA Images / LightRocket / Getty Images]
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09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]
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20-Jul-18 Starbucks is partnering with Alibaba with a 'New Retail' strategy, in an effort to rediscover growth for its business in China as it battles ambitious new rivals, including billion-dollar startup Luckin Coffee. [image: TechCrunch]
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Insights
29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]
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Insights
28-Jun-18 Pakistan’s absence of online payment solutions and weak consumer protection results in per-capita Internet retail spending at USD0.60, one of the lowest in the region, compared with USD871 in Korea for example. [image: Pakwired]
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