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Insights
20-Mar-18 Korea’s card issuers plan to expand into global markets to address declining revenues at home. Lotte Card is entering the Vietnamese market, while KB Kookmin Card is seeking to push in the US. [image: Business Korea]
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19-Mar-18 Alibaba will inject USD2 bn into its subsidiary Lazada Group, the Singapore-based online retailer, and will send one of its key executives to replace Lazada's founder CEO, part of moves to cement its leading position in Southeast Asia. [image: Reuters / Nikkei Asian Review]
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19-Mar-18 Aeon, Japan's biggest retailer with 430 locations, will partner with Alibaba-backed technology company DeepBlue Technology to develop unmanned convenience stores in China, where a handprint lets users access the kiosk-like store and pay for purchases. [image: Nikkei Asian Review]
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Insights
13-Mar-18 AuMake, a company that specializes in connecting Australian suppliers with Chinese consumers, has launched Australia’s first dedicated retail hub for ‘daigou shoppers' - people outside China who purchase luxury goods for a customer in mainland China. [image: Shutterstock / Retail In Asia]
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Insights
12-Mar-18 Global payment gateway PayPal launched its Indian domestic payments service in Nov-17, and according to MD Anupam Pahuja, "cash continues to be among the biggest competitors... but India is going big on digital and cashless payments." [image: Paul Noronha / The Hindu Business Line]
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