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Markets

India’s Snapdeal to shelve US$152 million IPO amid tech stocks rout

India’s Snapdeal to shelve US$152 million IPO amid tech stocks rout

SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty of a meltdown in tech stocks that has soured invest...
Retail is the top sector for CX excellence in Hong Kong, KPMG survey finds
Myntra launches fashion label Kenneth Cole in India
Cathay Pacific launches its first retail space, in downtown Hong Kong
Levi’s largest Southeast Asia store lands in Singapore

Markets Archives

Popeyes South Korea to reopen two years after departure

Popeyes entered South Korea in 1994 and its number of branches once swelled to over 200, but it terminated operations in...

I-Primo launches its first Southeast Asia flagship store in Singapore

The store provides more than 200 ring designs and other jewellery such as necklaces, earrings, and bracelets.

Chinese tea chain Nayuki takes stake in Lelecha for $75 million

The acquisition deal will make Nayuki the majority shareholder of Lelecha Cayman with an 85 per cent stake.

Australia’s The Coffee Club to enter India

Joint venture intends to open 100 coffee shops across the country during the next five years.

Prada hires former Luxottica chief Andrea Guerra as new CEO

Earlier this year he stepped down as head of the hotels division at luxury goods giant LVMH.