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...
Danish Retailer Opens Physical Stores in Indonesia and the Philippines
Flying Tiger Copenhagen, a Denmark-based retailer, is expanding its Southeast Asian development by launching its first physical stores in Indonesia and the Philippines. The company has recently inked a franchise deal with SSI Group to open its first shop in the...