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Insights
03-Feb-18 The Chinese mainland market for mobile payment transactions, which reached USD5.5 tn in 2016, is poised for further expansion as many consumers and businesses go cashless in more than 600,000 villages across China. [image: EPA]
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Insights
02-Feb-18 Walmart has teamed up with Rakuten for a new delivery service to be rolled out across Japan in the second half of 2018. Dubbed ‘Rakuten Seiyu Netsuper’, the new service allows orders to be placed on Rakuten’s online marketplace. [image: Retail In Asia / Shutterstock]
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Insights
02-Feb-18 The Seven & i Holdings, parent company of 7-Eleven, reported a store count of 20,033 in Japan, up by 54 from the end of Dec-17. By comparison, Japan has about 24,000 post offices. [image: Nikkei Asian Review]
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Insights
01-Feb-18 "New retail" is Alibaba's latest buzzword. It refers to combining online and physical retail into a seamless, data-driven consumer experience, and is starting to give rise to new businesses such as cashierless convenience stores and automated pickup centers. [image: AP / Nikkei Asian Review]
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Insights
31-Jan-18 E-commerce in Singapore comprises 5% of total retail. However, the number is lower in other ASEAN countries: 3% in Indonesia, nearly 2% in Malaysia and Thailand, and 1% in Vietnam and the Philippines. [image: Credit Suisse / Singapore Business Review]
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