Thailand’s E-Commerce to Reach USD 120 Billion in 2021

Thailand’s E-Commerce to Reach USD 120 Billion in 2021

According to the Electronic Transactions Development Agency (ETDA), in 2020, e-commerce in Thailand was ranked as the 26th largest market globally, with revenues of USD8 billion. In 2021 it is predicted that the sector will become a USD 120 billion industry with a...
Turkish FMCG Firm to Build Regional Hub in Vietnam

Turkish FMCG Firm to Build Regional Hub in Vietnam

Hayat, a Turkish FMCG firm, has officially launched its flagship diaper brand Molfix in Vietnam. The company announced earlier in 2021 that it plans to invest USD 250 million to increase the capacity of its factories in the Southeast Asian country to produce and...
Uniqlo Invests in Both Offline and Online Channels in Singapore

Uniqlo Invests in Both Offline and Online Channels in Singapore

In its twelfth year of operation, with 26 stores in Singapore and approximately 1,400 employees, Uniqlo now plans to open more brick-and-mortar stores in the country. Despite the importance of e-commerce, the company considers the offline channel to be a “very...
E-commerce Firms in Indonesia Competing in the Groceries Segment

E-commerce Firms in Indonesia Competing in the Groceries Segment

The Institute of Grocery Distribution estimates that Indonesia has one of the biggest grocery markets in Asia, with a value expected to reach around USD 170 billion in 2022, up from USD 140 billion in 2019. The country is also projected to become the fourth-biggest...