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Insights
16-May-19 Japanese department store Takashimaya is looking to expand overseas, with a focus on Southeast Asia. Its CEO hinted at opening stores in Indonesia, Malaysia and the Philippines. Takashimaya opened a store in the IconSiam development in Bangkok late 2018. [image: Takashimaya]
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14-May-19 Alibaba Group is now the most valuable retail brand outside the US and is more valuable than McDonald’s, Home Depot, Nike and Louis Vuitton, says the BrandZ Top 75 Most Valuable Global Retail Brands report. [image: América Retail]
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Insights
13-May-19 Lazada has extended its edge as the most popular e-commerce platform in Southeast Asia despite a decline in visits in the first quarter of 2019. The Alibaba-backed company scored the highest monthly users in Malaysia, Philippines, Thailand and Singapore. [image: SCMP]
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11-Apr-19 JD.com’s 7Fresh and Yonghui Superstores are set to co-invest RMB5 bn (USD750 mn) in Thailand to establish sourcing and distribution of tropical fruits, including RMB1.5 bn of durians, mangosteens, longans, and coconuts from Thai agricultural brands.
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14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]
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