Inside Retail Asia
Singapore’s sovereign wealth fund GIC is partnering with Indian property developer DLF to construct India’s largest shopping mall.
Aeon Vietnam will invest US$280 million for its third property in the capital city, Hanoi.
Saha Group is opening a new wave of Lawson Thailand convenience stores in subway stations and airports.
China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore.
American franchise Yogurtland has entered an agreement to expand throughout Indonesia via the formation of Yogurtland Indonesia Global Mandiri.
Indonesian e-commerce platform Tokopedia has acquired local wedding-service marketplace Bridestory.
Vietnamese e-commerce platform Tiki is raising another US$100 million from a Northstar Group-led funding round.
SaSa has launched a flagship store on online shopping platform HKTVmall.
A Japanese collective including Yamato Transport and Rakuten will partner with the Japanese government in a road test of autonomous delivery robots.
Taiwanese bakery Wu Pao Chun has opened first Singapore outlet.
The Tse Sui Luen store network grew by 56 during the year, to reach 473.
Same-store sales by watch retailer City Chain improved last year – but parent Stelux Holdings still recorded a loss of US$4.4 million.