MyNews Introducing Fresh Food at its Convenience Stores

MyNews Holdings Berhad, the parent company for local convenience store MyNews, has recently launched its own food processing center (FPC) to produce fresh food to be placed in about 200 outlets located in Klang Valley. Divided into two sections, the FPC is capable of...

Megaworld to Spend PHP 10 Billion to Build 8 Malls Outside Metro Manila

Leading real estate developer, Megaworld is planning to open eight new Megaworld Lifestyle Malls outside of Metro Manila, in key regional centers across the country in the next three years. The company is offering around 200,000 square meters of fresh retail inventory...

Singapore-Headquartered Retail Analytics Firm Raises USD 100 Million

Singapore-headquartered Trax, a provider of computer vision and analytics solutions for retail, announced the successful closure of a USD 100 million Series D investment round on 23 July 2019. The transaction was led by Chinese private equity firm, HOPU Investments. ...

Line to Launch Online Grocery Service in Thailand

Japan-based chat app operator Line has announced that the company will launch an online grocery service in Thailand by the end of 2019. The service, called Line Man Grocery, will enable customers to have food and other items delivered home. In addition, the company is...