Author: Mei Ling Tan

  • ISPs can help usher in single digital economy in ASEAN

    ISPs can help usher in single digital economy in ASEAN

    The Huawei Southern Pacific ISP Summit 2018 saw over 150 analysts and key industry players converge to discuss how the ISP industry can speed up digital transformation and promote a single digital economy in ASEAN.

    Randy Roberts, Research Director at IDC, shared in his keynote speech, entitled “Regional ASEAN ICT Development – Towards a Single Unified Digital Economy”, that businesses in Asia Pacific have made progress in advancing digital maturity.

    Most businesses are still in the “Digital Explorer” stage, where digitally enabled customer experiences and products are inconsistent and poorly integrated. However, signs of a potential rise in the number of enterprises embarking on digital transformation signal an opportunity for key players in the region.

    Collectively, ASEAN is the sixth largest economy in the world. Its rapidly growing digital economy generates about $150 billion in revenue annually. According to a recent study, the region has the potential to generate an additional $1 trillion in combined GDP by 2025 with a robust digital agenda. In ASEAN, the amount of cross-border bandwidth that is used has grown 45 times larger from 2005 to 2016. It is projected to increase by an additional nine times by 2021 as flows of information, searches, communication, video, transactions, and intra-company traffic continue to surge.

    The digital integration of ASEAN will promote rapid growth of the digital economy, including safe and smart city solutions, to stimulate economic development and inform social intelligence. As ASEAN sets the stage for a single digital economy to harness its full economic potential, it is crucial for key players within the ICT sector to collaborate and contribute to the robust infrastructure necessary to accelerate ASEAN’s growth.

    “Technological innovation and an open ecosystem are critical to the success of digital initiatives,” commented Daniel Zhou, president for South Pacific at Huawei’s Enterprise Business Group.

    “As ASEAN sets the foundation for a unified digital economy, close collaboration between key industry players are key to ensure a solid foundation for a thriving digital economy. Huawei is committed to improving the region and working with our partners for a better connected future.”

  • Digi adds Sage solutions to Digi Business Hub

    Digi adds Sage solutions to Digi Business Hub

    Malaysia’s Digi Telecommunications has teamed up with cloud management business solutions provider Sage to add a number of new services to the operator’s newly-launched Digi Business Hub.

    Under the agreement, Sage will offer solutions including its Sage Accounting, Sage UBS accounting and billing software and Sage Easy Pay payment software at a 20% discount to Digi customers.

    The Digi Business Hub B2B platform, which soft-launched earlier this month, provides one-stop access to exclusive offers covering a range of point of sale, human resources, marketing, accounting, payroll and office supply services from Digi’s own digital solutions and those of partner companies.

    Solutions include internet leased lines, fixed telephone and mobile roaming services, a guest Wi-Fi system, e-commerce store building solutions and procurement and web hosting solutions.

    The hub also offers access to a range of IoT based services, including a device accepting credit and deibt card payments, a fleet management solution and M2M services.

    The Digi Business Hub is exclusively available for Digi business customers. Digi has revealed plans to add new solutions partners every quarter.

  • DHL aims to link Indian businesses with ASEAN economic community

    DHL aims to link Indian businesses with ASEAN economic community

    Global logistics group Deutsche Post DHL Group is working to link Indian companies with businesses in the ASEAN Economic Community (AEC) to strengthen India’s economic relations with Southeast Asian markets.

    “India is a key market for us. We will help our clients there to work their way into the AEC, which will in turn be a springboard to the Far East markets in line with New Delhi’s ‘Act East’ policy,” said Alfred Goh, President, Global Fast Growing Enterprise and Regional Head, Customer Solutions and Innovation Asia Pacific, DHL.

    In 2000-2017, there was over USD 514.7 billion of ASEAN investment flow into India. In 2015-16, India’s exports to ASEAN were valued at USD 25 billion, with imports at USD 40.6 billion.

    “We want to capitalise on our presence in these high-growth markets with a combined population of 1.8 billion people, and partner businesses on growing cross-border commerce and trade,” he said.

    DHL is already investing millions of dollars in India,  increasing logistics hubs and warehouses, keeping up with projected demand for its services following the successful implementation of the goods and services tax (GST).
    “Having been part of the GST process development from an early stage, we now have a very good understanding of the new single tax regime, which India-bound foreign investors are trying to learn,” he said.

    “DHL is well versed in the business cultures of both India and Southeast Asia. We know the tax incentives, options and business locations in ASEAN,” pointed out Goh. India is industrialising, with an emphasis on export-oriented manufacturing, observed Goh, adding that ASEAN is also seeing development zones for global trade and commerce that would fit with Indian businesses’ regional operations.

    He highlighted India’s continued port and airport development that will support exports, and that future shipment volumes will be transshipped into the regional markets through breakbulk. India’s population of 1.3 billion and ASEAN’s 638 million make the two territories the largest trading zones with bilateral and multi-lateral commitments under various India-ASEAN economic pacts such as the ASEAN-India Free Trade Area (AIFTA), which came into effect in 2010.
    It drove further growth in two-way trade between India and ASEAN – as of 2012, this figure stood at USD 79.86 billion, surpassing its initial USD 70 billion target.
    With India’s “Act East” policy and the Indian and ASEAN governments goals of connecting the South and Southeast Asian markets, the existence of a platform will allow India companies to have easier access to the Southeast Asian zones.

    The newly set-up Global Center of Excellence (GCOE) in Iskandar Malaysia by DHL and Iskandar Investment Berhad will provide supply chain consultancy services, and support businesses to design logistics solutions specific to key industries including automotive, energy, engineering & manufacturing, life sciences & healthcare and technology. This GCOE can connect companies in India with the government and key stakeholders to strengthen the value proposition in operating in countries like Iskandar Malaysia which will drive bilateral trade further, he said, citing examples of India-ASEAN connectivity. (

  • Royal Dragon Vodka secures King Power Thailand listing

    Royal Dragon Vodka secures King Power Thailand listing

    Royal Dragon Vodka TR agent Yam Seng Pte Ltd has secured a new listing for Royal Dragon Vodka with King Power Thailand.

    The Imperial 1 litre and Elite Flavoured Collection are part of the Royal Dragon Vodka assortment available at departure stores in Bangkok Suvarnabhumi International Airport.

    As reported earlier this month, Yam Seng secured a new listing for the brand with Ever Rich Duty Free in Taiwan.

    Yam Seng Pte Ltd Sales and Marketing Director Jesreen Sidhu said: “We’ve been building Royal Dragon Vodka’s presence across different markets for the past three months and our most recent listing with King Power Thailand is an indication of steady growth.

    “Suvarnabhumi Airport is a strategic location for us as it is a key hub for Southeast Asian travel and receives a growing influx of global tourists.”

    Singapore-based Yam Seng Pte Ltd, a company owned by the Tuli family, is the appointed agent for the ultra-premium vodka brand in selected key duty-free markets.

  • Jollibee takes control of US burger chain

    Jollibee takes control of US burger chain

    Homegrown fast-food giant Jollibee Foods has consummated a deal to acquire a controlling stake in US hamburger chain Smashburger, taking a bigger bite of the vast US market and scaling up its global footprint.

    In a disclosure to the Philippine Stock Exchange on Tuesday, Jollibee said the closing conditions, including required government approvals, had been obtained as provided under the March 8 purchase agreement signed by wholly owned subsidiary Bee Good! Inc. (BGI) for the acquisition of an additional 45 percent of SJBF LLC, the parent company of the entities comprising the Smashburger business.

    With the execution of the $100-million deal with Smashburger Master LLC, Jollibee now officially owns 85 percent of Smashburger through BGI, the disclosure said.

    With the transaction, US sales contribution to worldwide sales surged to 15 percent from 5 percent. Consequently, foreign businesses now account for about 30 percent of Jollibee’s system-wide sales, from 20 percent prior to the Smashburger deal.

    In terms of store network, the consolidation of Smashburger into Jollibee increases its worldwide store network by 365 stores or 9.6 percent to 4,162. This also expands Jollibee’s geographical presence from 16 countries to 21, adding Costa Rica, Egypt, El Salvador, United Kingdom (England and Scotland) and Panama to its global footprint.

    Smashburger, which is based in Denver, Colorado, has 365 restaurants worldwide in 39 states in the US and in 10 foreign markets.

    Jollibee—now one of the most valuable restaurant chains in the world in terms of market capitalization—had said that one of its priorities upon takeover would be to change Smashburger’s debt structure to significantly reduce its financing cost and enable the business to make more investments for long-term growth.

  • How DHL Aims to Remake Logistics with AI

    How DHL Aims to Remake Logistics with AI

    What do semi-autonomous truck platoons, chat-bots, and fraud detection cameras have in common? They’re all part of a big plan that DHL unveiled yesterday to remake itself with artificial intelligence.

    DHL is investing millions to take advantage of recent advances in machine learning that could help it optimize its sprawling $60-billion delivery service, which touches nearly every country in the world and involves 500,000 workers.

    According to Ben Gesing, a project manager in DHL’s Innovation and Trend Research division, the Germany company is pursuing a multi-pronged strategy to utilize a variety of emergent AI technologies and techniques to help it cut costs, increase efficiency, and improve service levels across the company.

    “In terms of data creation, processing storage and accessibility, the technology conditions for AI are very favorable,” Gesing tells Datanami. “Broadly speaking we think the future of AI and logistics is filled with potential.”

    Here are some of the AI projects that DHL is currently working on:

    Autonomous Vehicles – DHL is working on autonomous vehicles on three fronts, including the development of intelligent robotic workers in its own warehouses and air freight centers; the use of semi-autonomous trucks in the line-haul business; and “follow-me” robots used for last-mile route delivery in urban settings.

    One of the more interesting uses of AI is the development of truck platoons in Europe, where anywhere from one to four autonomous semi-trucks follow a lead truck with a human driver down the road. By synchronizing acceleration, braking, and steering among the trucks, the platoon can boost freight capacity while minimizing costs, all without handing total control over to the AI program. DHL will be involved with testing a truck platooning in the UK next year with the British Transportation Research Laboratory and truck manufacturer DAF Trucks.

    Chat Bots – DHL is looking into using autonomous customer service representatives by using deep learning-based natural language processing (NLP) technology, such as Amazon‘s Alexa, to automate some of the easier interactions between customers and DHL’s customer service representatives.

    “Automating some of the low-level queries with chat bots can really increase the value of each interaction between customer and [human] agents by letting them focus on more high-level queries,” Gesing says. “That basically increases our throughput by a multiplier, not just a marginal increase.”

    Computer Vision – DHL is exploring the use of deep learning-based computer vision algorithms for at least two use cases, including fraud detection and optimizing the loading of planes and trucks.

    Some people try to defraud DHL by re-using shipping labels, which Gesing says could be automatically detected using cameras hooked up to fraud-detection algorithms. Similarly, computer vision could boost DHL’s capability to detect the size of packages so they can be stacked better.

    “It doesn’t seem that interesting if you’re not in the logistics industry, but understanding how to best use your space and really optimizing the volume and capacity inside an aircraft or a truck” is important, Gesing says. “We’re getting better and better tools and technology to do that using AI-based vision technology.”

    Resilience 360 – DHL plans to infuse this cloud-based risk management tool with AI capabilities that will give its customers an early warning that something is amiss in their supply chains. This product uses sentiment analysis to monitor 8 million sources of data on the Internet, including social media, for anything that could signal a disruption, including unhappy customers and even labor unrest.

    “For a lot of our B2B or automotive or manufacturing customers, they have very vast supplier networks,” Gesing says. “We proactive identify risky parts of the supply chain so our customers can plan downstream more effectively.”

    DHL Global Trade Barometer –DHL feeds this this recently introduced tool with import/export data and data about containerized air and ocean freight, giving it a view into 75 percent of the world’s daily trade. It uses AI techniques to provide a three-month forecast on the direction of global trade.

    “We have data scientists all over the world, internally and partners with external companies, to do different kinds of optimization of our network, things like predicting demand and capacity needed, or predicting delays in airfreight either by trade lane, by airline carrier, or by day of the week or day of the month,” Gesign says. “It gives us a directional assessment of where global trade is headed…to really get out ahead of our current daily operations to plan more effectively.”

    Big Data to AI

    Over the past several years, DHL has invested in exploiting recent innovations in areas like big data, augmented reality, and Internet of Things. In 2013, DHL published a Trend Radar report on big data, and yesterday it published another report called Artificial Intelligence in Logistics with support from its partner IBM, which you can download here.

    AI is viewed as a big component of DHL’s digital transformation strategy, says Gesing, who works in DHL’s corporate innovation lab in Troisdorf, Germany, one of three innovation labs the company runs (the other is in Singapore, while the one in the United States is currently under development). “AI and machine learning are the extension of big data analytics,” Gesing says.

    DHL’s board views AI strategically, but the innovation centers aren’t the only places where work on AI is being done. “We have a very broad digitalization strategy that comes from our corporate board,” Gesing says. “AI is inherently part of that. But really the best teams are the ones making productive use of this are really empowered to go learn and test and use this stuff.”

    DHL isn’t doing a lot of core research into AI, because much of that work has already been done. Instead, it’s utilizing technology that has already been placed into the public domain by companies like Google, Amazon, Microsoft, IBM, and Facebook.

    “Pretty much anyone who’s doing AI is benefiting from all these great open source tools and platform from all the tech giants,” Gesing says.

  • Jollibee offers the best summer fun for kids

    Jollibee offers the best summer fun for kids

    Kids are in for one of the best fun and learning experiences this summer as Jollibee welcomes them to the best summer activity – the Jollibee Kids Club Mini Managers Camp, happening until May 31, 2018.

    Through the six-day camp, kids aged 4-12 years old can learn the important values and key roles of a Jollibee Manager such as hard work, leadership, and responsibility through various fun and engaging learning activities.

    Wearing their Jollibee Mini Managers uniform, complete with nameplates, the kid managers will greet customers as they enter the store, work behind the counter to take orders, and hand out take-out bags via the Drive-Thru window to discover and experience first-hand Jollibee’s values, the Alagang Jollibee service heritage, and learn the store’s best practices. They will also engage in arts and crafts, Yumburger making, ice-cream making, fun games, and dancing, all while interacting with other kids and meeting new friends.

    “We at Jollibee believe that even at a young age, kids need to develop a sense of discipline, hard work, and responsibility in a fun learning environment, to become future leaders and managers. These are the values and lessons we want our Mini Managers to learn and experience as these will be pivotal in their growth, said Charisse Sumulong, Jollibee senior brand manager and head for Channels and Kids Marketing, “That is why the Jollibee Kids Club Mini Managers Camp is the best summer activity for Jolly Kids as it provides a fun and engaging atmosphere for kids to enjoy their vacation.”

    For only P650, parents and guardians can enroll the kids to the Mini Managers Camp at any participating Jollibee store nationwide. Non-JKC members are also welcome to enroll. Participants will get a Mini Managers Camp workshop kit that includes a set of Mini Managers uniform and name plate, activity materials and a camp bag, snacks for the six days of the program.

    The Jollibee Kids Club Mini Managers Camp is already accepting participants to the best summer workshop so, hurry, and sign up your aspiring Mini Managers today! Visit your nearest Jollibee store or follow /Jollibee Philippines on Facebook for more details.

  • AirAsia Offers Big Discounts On Flight Tickets

    AirAsia Offers Big Discounts On Flight Tickets

    AirAsia is offering up to 60 per cent discount on base fares of all international flight tickets under a promotional sale offer. An additional discount of up to 20 per cent is available on picking a seat during the flight booking. Bookings for the AirAsia’s discount offer are open till April 22, 2018, according to the AirAsia India’s website-airasia.com. The travel period of AirAsia India’s offer ends on October 31. However, for premium flatbed flights, the carrier is offering only 20 per cent discount on fares.

    Steps to avail AirAsia’s discount offer, according to its website:

    1. In order to avail the offer, pick preferred flight departure and arrival

    2. Select the dates stated in the promo travel period

    3. Choose the preferred flight

    4. Enjoy flat 60 per cent off base fare or 20 per cent on premium flatbed

    5. Pick a seat and enjoy additional 20 per cent discount (This is not applicable for premium flatbed flights)

    Terms and conditions of AirAsia’s discount offer, according to its website1. Advance booking is required in order to avail this discount offer.

    2. Fares are not available during peak period, mentioned the airline on the official website.

    3. The discounted tickets are available only on selected fare classes.

    4. The promotion is applicable for base fares only and shall not include ‘value pack and ‘premium flex’ bundled category and DJ carrier code flights.

    In another offer, AirAsia India is offering up to 20 per cent discount on base fares of all domestic flight tickets.

  • GTT opens new PoP in Japan

    GTT opens new PoP in Japan

    US-based cloud networking provider GTT Communications has launched a new PoP in Osaka Japan as part of an expansion of its global Tier 1 network.

    The company has also opened four new PoPs in the US – in Charlotte, Kansas City, St. Louis and Reno – and one in Calgary in Canada.

    GTT’s network now includes more than 300 PoPs across six continents. The operator also announced in February that it plans to acquire European fiber network operator Interoute for around €1.9 billion ($2.7 billion), adding an additional 400 PoPs to its network.

    The Interoute network includes over 67,000 km of lit fiber, 25 physical or virtual data centers, 31 colocation centers and connections to 195 additional third party data centers across Europe.

    “GTT will continue to expand our network globally as we deliver on our purpose of connecting people across organizations, around the world and to every application in the cloud,” GTT president and CEO Rick Calder said.

  • Huawei appears to give up on the US market

    Huawei appears to give up on the US market

    Huawei appears to have largely given up on the US market. The company has reportedly laid off a chunk of its top US officials including William Plummer—actions that preceded a vote by the FCC yesterday to withhold federal money from equipment suppliers “that raise national security concerns,” according to the agency.

    Huawei last week laid off five American employees including Plummer, who had served for years as Huawei’s top representative in the US market in Washington and at various industry and media events.

    Further, this this week at a Huawei analyst event in China, the company’s deputy chairman Eric Xu essentially acknowledged that Huawei has been largely blocked from the US market, noting that “with some things, when you let them go, you actually feel more at ease.”

    It’s worth noting, though, that Huawei continues to move forward as the world’s largest supplier of network equipment. During its event this week, the company announced its 5G-oriented SingleRAN Pro solution that supports 2G, 3G, 4G and 5G, and the company also said its first 5G smartphone will be released in the third quarter of next year. Interestingly, though, the company’s management also sought to lighten the focus on 5G: “If you look across our entire portfolio, 5G is just one product,” Huawei’s Eric Xu said. “It’s just a natural evolution of the technology from 2G to 3G to 4G, and now we’re going to have 5G, but you don’t have a fundamental difference between 5G and 4G.”

    Huawei’s apparent final withdrawal from the US market is noteworthy considering the rising momentum against the company. Huawei and ZTE were singled out in a 2012 government report warning that equipment from the two Chinese companies could be used by the Chinese government for espionage. More recently, both AT&T and Verizon reportedly dropped plans to sell smartphones from Huawei, and the FCC embarked on a proposal to tacitly block any network operator—big and small—from using Universal Service Funds to purchase equipment from companies that pose a security threat.

    Indeed, that last issue was brought to a vote today during the FCC’s monthly open meeting, and the five-member commission voted unanimously to move forward with the action. The agency said it will also consider how best to implement the proposal, what types of equipment and services should be covered by the proposed rule, and “how the FCC should identify, and how USF recipients can learn, which suppliers are covered by the proposed rule.”

    Indeed, the FCC’s notice goes slightly beyond its initial scope to include potential additional threats: “The Notice now explores a broader set of options for remedying any threats that we identify,” explained Commissioner Brandan Carr in a statement. “For instance, we now ask about more than just USF-funded equipment. And the Notice now tees up additional remedies from testing regimes (which have been employed by some of our closest allies) to actions related to the removal or prospective deployment of equipment.”

    For example, Commissioner Jessica Rosenworcel pointed to recent reports that foreign powers are using “Stingrays” to eavesdrop on cell phone communications in Washington, DC. “These surveillance tools can transform cell phones into real-time tracking devices by mimicking legitimate cell towers and some may even have the technical capability to record the content of calls,” Rosenworcel said in her own statement. “If these reports are true, someone needs to explain how foreign actors are transmitting over our airwaves without approval from this agency. Someone also needs to explain whether the devices being used have been certified by the FCC. The security of our communications is at stake right here, right now in Washington and this agency owes the public more than silence.”

    The FCC’s vote on the issue generated both cheers and criticism.

    “Many small carriers serve the most costly, remote and hard-to-reach areas, and provide low-income Americans with affordable device options,” said CCA President and CEO Steven Berry in a statement. “Any proposed solution should be cognizant of significant economic hardships on many operators, but also, and perhaps most concerningly, must consider rural and low-income consumers’ choice of viable, affordable devices, in an already very limited market. The government’s actions have injected uncertainty at a time when carriers need stability, and CCA fears this will impact the United States’ efforts to bring wireless broadband services to rural areas and win the global race to 5G.”

    “NTCA continues to evaluate the extent to which proposals and questions in the notice might affect member operations,” noted NTCA CEO Shirley Bloomfield in a statement. “NTCA is hopeful that this process will identify with precision any concerns about security of the nation’s networks and seek to address them thoughtfully and appropriately.”

    “Any effective solution will require close partnership with all parts of the broader technology sector, as well as government agencies that have the necessary deep expertise and experience to evaluate national security risks associated with particular vendors, equipment and services,” said USTelecom President and CEO Jonathan Spalter in a statement. “If the Commission prevents the use of universal service support for purchases of communications equipment from vendors deemed to pose a national security threat, rural carriers will continue to benefit from a competitive marketplace for equipment that includes a number of trusted suppliers.

    And Cinnamon Rogers, TIA’s Senior Vice President of Government Affairs, said in a statement: “TIA takes supply chain security very seriously and supports the Commission’s efforts to address concerns regarding specific vendors. However, we also appreciate the Commission’s recognition that addressing security concerns requires cooperation across the federal government in partnership with industry. We look forward to working with the Commission on these issues.”

  • Amazon shopping app launches with a brand new ‘International Experience’

    Amazon shopping app launches with a brand new ‘International Experience’

    Amazon has launched what it calls “the International Shopping Experience” within its Shopping App, allowing customers to browse and shop more than 45 million eligible items that can be shipped to their country from the US.

    The new service works only on mobile browsers and within the Amazon shopping app for iOS and Android devices.

    It comes in five languages, including Simplified Chinese and English and the ability to shop in 25 currencies.

    Amazon says the International Shopping Experience displays clear pricing, shipping costs, and import duty estimates, with Amazon coordinating with courier services for customs clearance on behalf of the customer so there are no surprises at the time of purchase or delivery.

    Customers will be able to browse and shop for products across categories including electronics, books, clothing, shoes and toys. They can choose from different shipping options and delivery speeds, depending on how quickly they want their package to arrive.

    “We are always innovating on behalf of our customers, and with today’s launch, we are making the shopping experience on mobile devices even better and more convenient for our customers who live outside the US,” said Samir Kumar, VP of Amazon exports and expansion. “Customers have been asking for a way to easily find and shop only for products available to be shipped to them. The International Shopping Experience solves this customer need and makes it simple to browse, shop and ship more than 45 million products to over a hundred countries around the world.”

    Customers who download the Amazon Shopping App from the Apple App Store or Google Play Store will automatically be placed into the International Shopping Experience. Customers who already have the Amazon Shopping App need to go into their settings within the app, choose the ‘Country & Language’ option and select ‘International Shopping’ in the country picker.

    Customers can then set their language and currency of preference to enjoy a customised shopping experience, and can change their location at any time to automatically see products that are eligible to be shipped to their selected delivery location.

  • Meilishuo on the search for IPO in New York

    Meilishuo on the search for IPO in New York

    Online fashion retailer Meilishuo, backed by Tencent Holdings, is seeking an IPO in the US that could value the start-up at about US$4 billion.

    Many tech corporations in China opt for New York for their debut listings as it offers a wide investor base and higher international profile.

    Meilishuo is reported to be talking with investment banks about the move.

    Founded in 2009, the company sells clothes, shoes and handbags. In 2016 it had about 15,000 merchants on its website and a mobile app that had been downloaded 100 million times. That year it merged with rival Mogujie, which was founded in 2011 and had about 130 million registered users. The re-formed company was valued at $3 billion.

  • Suning Holdings to open its first office in Milan

    Suning Holdings to open its first office in Milan

    China’s Suning Holdings will open an office in Milan within the next two months, to be followed by offices in the UK, France and Germany by the end of the year.

    In its latest sourcing plan, the firm has set aside RMB10 billion (US$1.5 billion) to source products on the Continent over the next three years.

    Suning announced the move during Milan Design Week, where it has been exploring deals with overseas designers to help it create products for its new Suning Jiwu (“ultimate creation”) stores. It aims to introduce stylish, high-quality home and fashion products from Europe into China.

    The new format features popular brands, original designs, life essentials and creative interactions. The first store, covering 400sqm, opened in Nanjing last month, with more than 300 set to open throughout China within the next three years, including at least 50 large-scale flagship stores.

    Suning International VP Steven Zhang says Jiwu caters for a “personalised consumption culture”.

    Already the company has partnerships with Italian brands across different industries including Furla, San Benedetto, TechnoGym and Versace Home. Its new sourcing plan in Europe highlights luxury fashion, health, household and FMCG products. Representatives of Chateau D’Ax, Cova, Kartell, Kiko, Versace and YNAP were among the guests at its opening event at Milan Design Week.

    Suning already has an established network covering Hong Kong, Japan and the US. The group expects 30 per cent of its revenue will come from international business by 2020.

  • Huawei store for Hong Kong

    Huawei store for Hong Kong

    Chinese smartphone maker Huawei Technologies will open its first retail store in Hong Kong by the end of July.

    Just a week after unveiling its flagship P20 Series smartphones in Hong Kong, the Shenzhen-based company has revealed its plans for a 2000sqft store in Tsim Sha Tsui.

    Huawei has a market share of around 10 per cent in Hong Kong, behind Apple and Samsung, but says it is working hard to achieve 15 per cent by the end of the year.

    Its latest products at the new store will have prices starting from HK$4980 (US$635), and include the P20 Pro, which has a three-camera system that takes photos with a far higher resolution than the iPhone, reports EJInsight. Huawei senior executive Richard Yu has described it as “the iPhone killer”.

    Huawei aims to boost its public exposure in Hong Kong with its own retail store, rather than relying on third-party channels. Already Apple has five stores in the territory since arriving in 2011, while Samsung has its Galaxy Studio. Beijing-based Xiaomi is set to open its third store in Mong Kok next year.

    With its store, Huawei will be able to showcase its technological advancements, such as its 5G development and its Kirin mobile processor. Its P20 Pro and Mate 10 have hardware specifications that surpass those of Apple.

    Worldwide, Huawei is growing faster than most of its rivals and is in a neck-and-neck race with Apple, says EJInsight. In fact, at one point last year it surpassed Apple in shipping volumes, but then the iPhone X and iPhone 8 series were released.

  • Primark sales rise despite winter

    Primark sales rise despite winter

    Primark sales and profits are on the rise as the UK-headquartered fast-fashion retailer shrugged off a chilly northern winter.

    Parent Associated British Foods (ABF), says Primark achieved a 7 per cent increase in revenue for the first half year and a 4 per cent improvement in profit, despite on the coldest winters on record in Europe.

    However, the growth was all down to a growing European store network, with like-for-like sales down a marginal 1.5 per cent.

    The retailer plans to open new stores at Westfield and Burnley and seven more outside the UK as it continues to grow both its footprint and its market share.