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India’s Nykaa expects festival season to boost demand
The upcoming festival season, which extends till the end of the year, would further boost consumer demand for beauty.
Alibaba revenue growth flatlines for first time as China’s lockdowns bite
Alibaba Group has reported flat quarterly revenue growth for the first time in its history, showing how China's Covid lo...
Analysis: Amazon has a Prime edge over Walmart – richer customers
A divergence in the business models of US e-commerce rivals Walmart and Amazon are driving contrasting movements in thei...
Thai businesses cash in on cannabis, from milk tea to toothpaste
Last month, Thailand decriminalised the entire plant. Dropping cannabis from its narcotics list has led to an explosion ...
Zomato quarterly loss nearly halves as orders surge
Zomato's revenue from operations, which mostly comes from its mainstay food delivery and related fees it charges restaur...
Apple forecasts faster sales growth, despite glum economy
The Silicon Valley giant's shares rose 3.5% after hours following the release of the results.
Puma raises revenue outlook, handling China woes better than Adidas
"It's not easy for everyone," Puma Chief Executive Bjorn Gulden said, adding his company "cannot expect growth in China ...
KFC operator in Thailand explores sale of business
Restaurants Development recorded its highest ever quarterly sales in the first three months of 2022.
India’s Zomato shares tumble to record low
Zomato made a stellar debut on July 23 last year in the Mumbai market, but its shares have lost more than 60 per cent of...
Mexico concerned by Chinese retailer Shein’s use of a Mayan design
The Culture Ministry said some details of Shein's "Fan-Trim Top with Floral Print" were similar to a traditional huipil ...
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