Japanese Cosmetics Company Launches First Store in Ho Chi Minh City
Japanese cosmetics and drugs retailer Matsumoto Kiyoshi recently opened its first store in downtown Ho Chi Minh City, covering 274 square meters and featuring over 6,000 items of functional foods and beauty products. There are several products available exclusively at...
Microsoft, Google and Other American Giants Investing in Indonesia’s E-commerce
Microsoft has entered into a strategic partnership with Bukalapak, one of Indonesia’s leading e-commerce platforms, while Google and Temasek have agreed to invest USD 350 million in Tokopedia, one of the 6 startup unicorns in Indonesia. Both moves are seen to tap into...
Astral Asia Bhd to Venture into FMCG E-Commerce
Malaysia-based Astral Asia Bhd (AAB) is planning to diversify its core businesses to include e-commerce, focussing on fast-moving consumer goods (FMCG). The new e-commerce business is expected to launch in December 2020, supported by an estimated total initial...