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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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Insights
31-Jan-18 Chinese national statistics show the rise of mobile payments in China slowed in 2017, with the proportion of Internet users that pay with their phones rising from 50% to 65%, and most new users coming from rural areas. [image: TechNode]
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Insights
29-Jan-18 Cash is still king in Japan, and that means the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. [image: Bloomberg]
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