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Financial

Financial Archives

Pirata Group accelerates expansion plan in Hong Kong

The expansion plan will see the launch of The Sixteenth, a self-contained dining destination in Quarry Bay featuring fou...

Twitter begins testing shopping feature on brand profile pages

The San Francisco-based company is following in the footsteps of larger rival Facebook, which opened a "Shops" feature l...

Singapore’s GIC joins Fortress bid for UK supermarket Morrisons

Britain's fourth-largest supermarket has agreed to a takeover led by SoftBank-owned Fortress Investment Group.

H&M to open first store in Cambodia next year

The expansion plan follows the launch of H&M on e-commerce platform Zalora across Indonesia, the Philippines, Malaysia a...

Sweden’s Klarna buys influencer marketing platform

Klarna said Stockholm-based APPRL, which helps content creators and retailers cooperate, was the latest addition to its ...

Starbucks confirms sale of stake in South Korean business

The deals are expected to be completed during the next 90 days.

Here’s how Best & Less plans to stand out in the crowded discount sector

CEO Rodney Orrock explains how the company's reputation for quality clothing at affordable prices and strong focus on th...

Muji to speed up Chinese store rollouts to 50 a year

Besides China, Muji is also planning to expand its presence in other Asian countries such as Thailand and South Korea.

Kakao’s aggressive expansion worries many

Kakao’s strategy is to enter the taxi and banking industries, as well as other sectors lacking mobile services.

Emerging Chinese coffee chain M Stand raises US$77.3 million

The fund raised will be used for recruitment, development of its supply chains and its digital operations.