South Korea’s Retail Giant Lotte to Expand Its Presence in Vietnamese Market
In September 2023, Lotte announced the official opening of Lotte Mall West Lake Hanoi, a mega shopping mall that serves customers desiring to experience Korean products ranking from as K-food and K-culture. Located across a remarkable 354,000 square meters, Lotte Mall...
Giant Malaysia Commits USD 105 million for 50 New Hypermarkets
Giant Malaysia, also known as GCH Retail (Malaysia) Sdn Bhd, has unveiled plans to invest MYR 400 million (USD 105 million) to launch 50 hypermarkets across Malaysia within the next five years. This move aims to reinforce Giant’s market share in the Malaysian...
Tech-enabled Coffee Chains Eyeing Singapore as Prized Battleground for Supremacy
Asian technology-driven coffee chains are seeking to expand their presence in Singapore. Luckin Coffee, a Beijing-based brand that heavily incorporated technology, went public in New York in 2019, achieving a valuation of USD 4.2 billion within just two years of...