Wine Retailer Boosts Retail Purchases Through High-Tech Sensory Upgrades
The Covid-19 pandemic has provided the digitization catalyst for many businesses. Covid-19 precautions have led to fewer wine tasting opportunities, which has led wine giant Penfolds to employ high-tech “phygital” interactive sensory tools to engage...
New Law Eases Requirements for Foreign Retail Investors in the Philippines
A bill that amends the Retail Trade Liberalization Act (RTLA) of 2000 was signed by President Rodrigo Duterte into law. Known as RA 11595, the new law will lower the amount of investment required of foreign-owned retail trade enterprises, effective January 21, 2022....
Indonesia’s Coffee Chain Reaches Unicorn Status with USD 96 Million Funding
Kopi Kenangan, an Indonesia-based coffee chain, has obtained USD 96 million Series C funding from Tybourne Capital Management, followed by Horizon Ventures, Kunlun, B Capital Group, and the latest new investor Falcon Edge Capital. The funding made the company achieve...