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Category: General

Retail News Asia is committed to providing both local and global retailers with the latest General Retail news throughout the Asian market. This on a daily base.

  • Ookonn landing with special luggage at DFS

    Ookonn landing with special luggage at DFS

    Luxury travel retailer DFS Group is collaborating with Hong Kong luggage brand Ookonn to launch a dedicated pop-up store at T Galleria by DFS, Canton Road.

    The pop-up, to open next week, will showcase Ookonn’s signature patented round rolling luggage. It will also offer personalisation services, such as patterns that can be applied across an item’s body and handles as well as luggage covers. There are also monograms.

    It is the first on-ground store for the e-commerce company.

    “T Galleria by DFS provides a perfect setting to showcase our vision and values,” says co-founder/CEO/creative director Anson Shum.

    To mark the occasion, Ookonn has designed an exclusive luggage edition for DFS with a whimsical red and blue pattern.

    DFS will host a customer event on October 6 to introduce the pop-up and the DFS-exclusive print. There will also be demonstrations by Ookonn’s artist from Paris. An interactive artist will take over the store windows to entice people to explore the pop-up on the fashion floor. Stylist/former Voguefashion editor Grace Lam will join guests as they consult a tarot-card reader about their next travel destination.

  • Asia key to expansion, says Walgreens Boots Alliance

    Asia key to expansion, says Walgreens Boots Alliance

    Walgreens Boots Alliance (WBA), which owns Boots health-and-beauty chain, plans to continue expanding its business in Asia because of the growing middle class.

    As Boot Thailand celebrates 20 years, WBA co-COO Ornella Barra says Asia, particularly China, South Korea and Thailand, are integral to the company’s expansion plans, with the Asia-Pacific region forecast to account for more than one-third of the global economy by 2021.

    Growth rates in the region continue to outpace the mature economies of the west, driven in part by the rising middle class.

    Moreover, led by regional and domestic players, the market is still fragmented, says Barra, noting that strong beauty brands have huge opportunities for growth in many Asian markets, especially those that can build on brand awareness built in established markets.

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  • Startups challenge telecoms status quo as 5G rises

    Startups challenge telecoms status quo as 5G rises

    The rise of 5G is promising to shake up the status quo in the mobile equipment industry by presenting opportunities for startups to grab market share away from the incumbent vendors, according to ABI Research.

    In a new report, the research firm identified 15 startups exhibiting strong potential to play a role in operators’ 5G transformation through innovative products and services.

    Operators are facing the need to address key network performance and traffic management issues ahead of the standardization and launch of 5G in 2019-2020, the report states.

    Technology trends including SDN and NFV for mobile networks, the evolution of the mobile edge and self-organizing network solutions will also lay the groundwork for 5G. Other enabling technologies include the use of big data analytics to enhance network performance.

    Startups such as Athonet, CellWize, CellMining, AirHop Communications, Core Network Dynamics, Blue Danube and Vasona Networks are developing innovative solutions in these areas and are poised to challenge the long-established telecoms industry status quo.

    “Traditionally operators have deployed a handful of infrastructure vendors in their networks, especially in the core network…The end-to-end digital transformation toward virtualized and software defined networks is creating the opportunity for operators to open their highly proprietary networks and vendor ecosystem to include innovative startups,” ABI Research senior analyst Prayerna Raina said.

    “The telco start-ups we have profiled are challenging the incumbents in every way. From the flexibility of the solution to value-added services and a strong R&D focus, these companies are not just innovative, but also reflect an understanding of telco operators’ operational models as well as revenue and network performance challenges.”

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  • AirAsia moves closer to setting up JV carrier in China

    AirAsia moves closer to setting up JV carrier in China

    Airasia is moving closer to setting up a joint-venture (JV) budget airline in China, having entered into a non-binding term sheet with China Everbright Group and two other companies on Friday last week.

    In an announcement to Bursa Malaysia on Monday, the low-cost carrier said the term sheet, whose signatories included Singapore-based  Plato Capital and Oxley Capital Ltd, intended to confirm the parties’ interest in forming the JV and contained supplementary information to an earlier memorandum of understanding (MoU).

    On May 14, AirAsia signed an MoU with Everbright – a conglomerate under the direct supervision of state-owned Assets Supervision and Administration Commission of China’s State Council – and Henan Government Working Group.

    Their target JV airline, to be known as AirAsia (China) in China, will be established either through an acquisition or by obtaining a new airline licence.

    Under the 12-month MoU, it is intended that AirAsia (China) will submit an application for an operating permit in China to Civil Aviation Administration of China (CAAC).

    In addition to the airline, the JV will also look into developing infrastructure.

    The JV will invest in developing for pilots, engineers and crew training as well as a maintenance, repair and overhaul provider (MRO).

    The parties have also expressed interest to incorporate AirAsia (China) in Zhengzhou which is intended to be AirAsia (China)’s operating base and headquarters.

    The term sheet signed on Friday, Sept 25, is valid for no longer than 12 months for the parties to discuss and negotiate definitive agreements for the proposed JV.

    Plato is an investment holding company listed on the Singapore Exchange Securities Trading Ltd, while Oxley is an innovative private investment firm and multi-family office specialising in real estate, agriculture/alternative energy, natural resources sectors and investments across the Asia-Pacific region.
    –

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  • Aldi UK plans 70 new stores

    Aldi UK plans 70 new stores

    Aldi UK plans to open 70 new stores next year as it eyes 1000 by 2020.

    The German discount grocer says its sales increased by 13.5 per cent to £8.74 billion last year as it grew market share and continued to expand its store network.

    Gross profit, however, fell 7 per cent to £324.5 million due to investment in its distribution operations.

    Aldi UK currently has 726 stores.

    “Our growth is accelerating, thanks to the hundreds of thousands of new customers switching their shop to Aldi,” said Matthew Barnes, Aldi UK and Ireland CEO.

    “This is happening right across the UK and is all down to a simple, straightforward commitment – products comparable to the leading brands and supermarket premium ranges at the lowest prices in Britain.

    “We’re doing everything we can to insulate customers from those cost increases, making sure our prices are the lowest in the UK, every day of the year.

    “At the same time, we’ve been improving the quality of our range and introducing the new products our customers have asked for. The result is a carefully selected range of exclusive own-label brands and award-winning products.”

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  • Hong Kong: more than just retail

    Hong Kong: more than just retail

    There has been no shortage of ink spilt in recent years about the negative impact of China’s anti-corruption crusade on Hong Kong’s retail sector.

    Visitor arrivals from the PRC represented 76 per cent of all tourists in 2016, when those numbers fell 6.7 per cent. Taken with aggressive campaigns to lure mainland tourists elsewhere — Japan, Singapore, South Korea — and a strong Hong Kong dollar, life has become harder for the SAR’s retailers and landlords.

    Or has it?

    Despite currency fluctuations and fleeing Chinese travellers, overnight visitors to Hong Kong spent an average of approximately HK$6600 a head during their stays, funnelling nearly $300 billion in related capital into the economy that year according to the Hong Kong Tourism Board — and that was down from 2015. Though Mainland Chinese arrivals declined, short-haul markets (Taiwan, South Korea, Japan, the Philippines, Singapore and Thailand) registered an increase of 3.4 per cent, long-haul market arrivals (the US, Australia) rose by 2.3 per cent, and MICE and cruise passenger visits increased by 10 per cent and 50 per cent respectively.

    People are still coming to Hong Kong –  and they’re still shopping.

    Put very simply, Hong Kong’s one-two punch of consumer-friendly retailing and a great deal to offer visitors seeking to complement their shopping are the primary reasons the retailing scene remains vibrant. An open door business policy and historical connections make international brands a must-stop for regional expatriates and curious regional visitors alike. Stop outside a Marks & Spencer Food Hall on any given afternoon if you need proof.

    The new Italian outlet mall, Florentia Village, at Kwai Chung and the imminent Citygate expansion add to choices for bargain hunters, alongside guidebook hotspots like Ladies’ Street. An added bonus: all of this is free of sales tax. In some form, 12 per cent is added to goods in the Philippines, Koreans and Australians can pay as much as 10 per cent in levies, the Japanese 8 per cent and Thais 7 per cent according to tax advisory Deloitte. Twelve cents may not be a lot on a dollar, but it makes an enormous difference on a genuine Prada handbag.

    A travel ban that actually benefits Hong Kong…

    While it’s true the recent diplomatic spat between China and South Korea over defence deployment has proven a boon to Hong Kong shopping (Chinese travel to Korea fell 40 per cent in the year to April 2017 on the back of Beijing directives to halt travel packages to the Hermit Kingdom) it is in all likelihood a temporary glitch.

    Ultimately it is the city’s extras that keep Hong Kong a shopping option. When not browsing boutiques, stellar food and beverage breaks are available at every turn, and leisure parks, cultural outlets, nature and excursions can all be found in an easily navigable, compact space.

    If there’s a silver lining to the city’s retail property woes it’s the newly available space for international restaurant groups to move into. Finding room on the dining scene so far this year are Japan’s Michelin-starred ramen eatery Tsuta, fresh-local burger shack Honbo, Royal favourite Thai Brassiere by Blue Elephant, Moi Moi by Vietnamese Sydney celebrity chef Luke Nguyen, Lilya Moroccan Lounge and Bar and venerable American dessert cafe The Cheesecake Factory are just a few. Anyone travelling with children (cruise operators are quick to point out the burgeoning family demographic) will be glad to have the amusements at Hong Kong Disneyland and perennially popular Ocean Park — with real animals — an MTR ride away.

    Art & culture

    Admittedly not everyone travels to Hong Kong with family or has a soft spot for amusement parks, and for those shoppers the SAR’s reputation as a cultural wasteland is quickly disappearing. The two-year old PMQ regeneration has put local, artisanal and independent design a shoppers’ fingertips, and the forthcoming West Kowloon Cultural District has just opened its first gallery: M+. Soon to be a few minutes’ walk from the PMQ is the Central Police Station redevelopment on Hollywood Road, Tai Kwun. The 16 buildings will comprise art galleries, boutiques, dining, and leisure spaces with an eye towards highlighting local heritage. Tai Kwun and the WKCD are set to be destinations in of themselves.

    Need some hiking and more?

    Finally, tourists are drawn to Hong Kong from around the world for its renowned urban hiking, traversing over 250km on just the Hong Kong, Lantau, Wilson and MacLehose routes. In no other city in the world can you be on a lush, seemingly remote trail one minute, and ensconced in the glamorous shopping of the Landmark an hour later.

    Also an hour away: Macau, which beckons as a Disneyland for adults, where luxury spas and more Michelin-starred dining awaits. It’s no surprise shopping in Hong Kong is as healthy as ever.

  • Save on KLIA Ekspres fares when you fly with AirAsia

    Save on KLIA Ekspres fares when you fly with AirAsia

    Express Rail Link Sdn Bhd (ERL) has partnered AirAsia to offer a special KLIA Ekspres train fare of RM48 for one-way and RM88 for a return trip for the airlines’ passengers. The deal was introduced on September 21.

    Passengers can now also book their tickets for Kuala Lumpur’s fastest airport transfer via AirAsia’s website, making it a one-stop ticketing solution, said ERL in a statement here, today.

    “With the inclusion of KLIA Ekspres, AirAsia’s passengers can easily manage and plan their travel arrangements through one site,” ERL Senior Vice President, Marketing & Sales Management, Yeow Wei-Wen said.

    The journey between KL Sentral and KLIA2 takes only 33 minutes. Special KLIA Ekspres child fares (two to 12 years old) at RM22 one-way and RM40 for a return trip is also being offered through the site.

    AirAsia Bhd’s Head of Commercial, Spencer Lee said with this new partnership, AirAsia BIG members will earn 100 BIG points for the purchase of every KLIA Ekspres one-way adult ticket and 200 BIG points for a return adult ticket.

    This AirAsia BIG Points offer is only available until October 20, 2017. Passengers can purchase the exclusive KLIA Ekspres fares through airasia.com under the Manage My Booking page.

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  • ShopTV beams to a new audience

    ShopTV beams to a new audience

    Home Shopping Network one of the largest direct-response TV shopping companies in the country today, formally announced the launch of its ShopTV app powered by TackThis!, the do-it-yourself e-Commerce platform of Voyager Innovations, with a fully-integrated payment gateway provided by PayMaya Philippines.

    Launching the ShopTV mobile app as early as 2015, Home Shopping Network (HSN), a pioneer in direct response TV shopping, reported a 47% increase in sales via its new shopfront mobile app powered by Voyager Innovations.

    “ShopTV has always dived head first into digitization; one of the first of the large established enterprises to foray into the digital space by bringing ShopTV onto a full-featured digital commerce platform as early as 2014,” said Marc Concio, Managing Director for Digital Commerce at Voyager Innovations.

    ShopTV also became the first in their industry to launch a mobile app with both iOS and Android versions. With the new mobile strategy, it now effectively covers all offline and online channels.

    “With its new shopfront app, HSN is extending that compelling ShopTV experience to the new, digital-savvy and influential generation of shoppers, led by the Millennials, who more and more make up the world’s consumers and the workforce,” said Gerry Castro, Chief Executive Officer at HSN.

    “ShopTV of course knows the incredible power of TV ads combined with direct response, you know, ‘call now.’  Today, having an online store and a mobile app really enhances that kicker effect on ROI.”

    On-Air, Online, On-the-Go

    ShopTV was set-up in 2003 and first went on-air, 12-hours a day in November 2005, going 24/7 by August 2006.

    At the turn of the decade, even as the digital tsunami overran industries notably traditional media, commercial and retail industries, HSN turned to Voyager’s TackThis! platform to quickly bring the ShopTV experience online via a website fully imbued with e-commerce functionalities.

    With complete repose in the capabilities of Voyager’s digital commerce startup, HSN worked with TackThis! to facilitate HSN’s entire digital commerce journey – managing effortless online store creation, hassle-free store and inventory management, all the way to fulfillment, payment and customer service. Store marketing was accomplished via placement on Takatack, the country’s biggest online discovery platform.

    “As fast as technology was disrupting industries we had to pivot quickly and transform ourselves into a digital enterprise. But HSN’s transformation continues. Today, with the ShopTV mobile app, we have pushed the envelope again, and we are being validated once more, with the app driving sales very significantly. ” said Castro

    “Plus there is plentiful evidence that online and physical retail channels are overlapping. Folks who purchased online have also had an in-store experience, and vice versa; in-store shoppers have interacted with the retailer online in the same, say, three-month period. Our ShopTV Showroom in Solar Century Tower draws many everyday after they have shopped online, and they use our mobile app to keep abreast on the latest product releases,” added Castro.

    114 x a day

    114. That’s the number of times Millennials check their smartphones daily, according to some studies. Already online social media is the primary source of news for Millennials and viewing on mobile devices, at two hours daily, is also already overtaking TV viewing.

    “Millennials aged 20-40 are now the dominant demographic. There’s evidence 91% use their smartphones while completing another task, such as watching TV or even actually shopping in a physical mall.  As consumers become more reliant on their mobile devices, they also expect instant gratification, getting exactly what they need in the moment they need it. It’s called the “mobile moment,” and retailers will want to exploit this, by having a shopfront app at the cornerstone of their e-commerce strategy,” said Voyager’s Concio.

    “In the US, mobile commerce is increasingly a larger portion of total e-commerce–30% in 2016 and projected to be almost half of all e-commerce by 2020. In the Philippines, we will leapfrog e-commerce altogether with most Filipinos first accessing the Internet and transacting online via mobile,” Concio added.

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  • New store plus pop-up for Changi Airport

    New store plus pop-up for Changi Airport

    A new retail concept and a food pop-up were introduced at Singapore Changi Airport last month, which registered 5.27 million passenger movements, up 7 per cent from August last year.

    Mobile network company StarHub opened its first 24-hour outlet, with an airport lounge concept, in the public area of Terminal 3’s Basement 2. It offers a range of services including broadband, and mobile and cable TV services. It also offers business enterprise services such as corporate fibre broadband installation for airport tenants and partners.

    Meanwhile, a Mid-Autumn Festival Mini Food Hall in the transit area of Terminal 2 is offering mooncakes by 155 South Bridge, Peach Garden, Starbucks and Tai Chong Kok until October 5.

    Changi Airport caters for more than 100 airlines, connecting Singapore to about 380 cities in 90 countries and territories. With more than 7000 weekly scheduled flights, an aircraft takes off or lands at Changi roughly once every 90 seconds.

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  • AirAsia airline can’t explain extra $60 charge for children

    AirAsia airline can’t explain extra $60 charge for children

    AirAsia has been caught out charging Darwin children an extra $60, for a government charge they’re not required to pay.

    All passengers leaving Australia are required to pay a Passenger Movement Charge of $60, however children under the age of 12 are exempt.

    Despite having a separate section to book children’s seats, the breakdown of fares, taxes and fees on the airline’s website is the same for both an adult and a child.

    On Jetstar’s website, the breakdown shows children are charged $60 less than adults.

    AirAsia could not explain the extra charge yesterday.

    A spokesperson for the airline said it was “currently investigating the matter in question”.

    They would not say where the extra money was going.

    AirAsia does not include the Passenger Movement Charge for children on flights out of Sydney.

    It’s understood Darwin is serviced by AirAsia Indonesia, while Sydney is serviced by AirAsia X.

    Stuart Park resident Thomas Sawyer said he came across the discrepancy when he was booking flights to Bali for a family holiday.

    “I travel frequently so I’m used to paying the charge, but then I went to buy my son’s ticket and realised it cost the same as mine,” he said.

    “Families are not normally frequent travellers and they could easily buy these tickets without realising they’re paying for a charge they don’t have to pay.”

    Mr Sawyer said he tried to contact AirAsia, only to be told to send them the details of his tickets.

    “They appear to be taking the attitude of those who follow it up will get a refund, those who don’t, they get to keep the money,” he said.

    “That’s entirely deceitful. If I said I was going to sell you something, and had to charge you a government tax, then you later discovered there was no tax, that would be called fraud.”

    An Australian Competition and Consumer Commission spokesman said the overcharging could be illegal. “If a business includes a reference to a tax or fee that is not imposed, then this could raise concerns under the Australian Consumer Law,” the spokesman said.

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  • With new operating system, Apple revamps its money-making App Store

    With new operating system, Apple revamps its money-making App Store

    The App Store brought in $21.5 billion in revenue in the past nine months. Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps.

    The system, called iOS 11, is being released on Tuesday ahead of its two newest phone handsets, the iPhone 8 and iPhone X, set to start shipping to customers on Friday and Nov. 3, respectively.

    The most visible changes will come to App Store. The App Store is the backbone of Apple’s services segment, which brought in $21.5 billion in revenue in the past nine months, a 19 percent increase over the previous year and a bright spot as overall sales grew only 5 percent.

    The store has been redesigned to give app developers more space for images and text to describe their software. Developers have long grumbled that their software is hard to find in Apple’s store unless users type in the precise name of the app or follow a link to it.

    “The redesign make it much cleaner and speaks to the pain point of the store: You had so many apps that if you didn’t know exactly what you were looking for, it was really hard to find anything,” said Carolina Milanesi, an analyst with Creative Strategies.

    The new store also gives prominent display to games. Games are expected to make up 75 percent of all revenue for Apple’s App Store, according to App Annie, which collects and analyzes market data on mobile apps.

    Most of that revenue comes in the form of so-called in-app purchases, where gamers make purchases of tokens, gems and other digital items to unlock new parts of the game. “It’s really the gift that keep on giving from the developer perspective,” Milanesi said.

    But perhaps the biggest change in iOS 11 will the debut of augmented reality apps, or AR, in which digital images float over the real word. Apple has made much of those a capabilities , but an ostensibly minor feature may help AR apps spread: Screen recording.

    In testing, Adam Debreczeni, maker of an app that lets users see a three-dimensional map of a fitness activity like a bicycle ride or run they’ve gone on, was surprised at how enthusiastically users took to sharing screen recordings of AR apps like his.

    “I think that’s going to help AR games go viral and get better distribution,” he said.

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  • Heads of Ikea and Tesco to headline Shoptalk Europe

    Heads of Ikea and Tesco to headline Shoptalk Europe

    International retail leaders will be gathering in Denmark next month for Shoptalk Europe.

    They will be discussing such topics as e-commerce trends, supply-chain challenges and augmented reality.

    A range of retail leaders will be guest speakers including Alibaba GM for Europe Terry von Bibra, Amazon Prime head Mariangela Marseglia, Dollar Shave Club CEO/founder Michael Dubin, Estee Lauder executive chairman William Lauder, Farfetch chief strategy officer Stephanie Phair, Harrods MD Michael Ward, Ikea Switzerland CEO Simona Scarpaleggia, Tesco online MD Adrian Lettes and Westfield co-CEO Steven Lowy.

    At Copenhagen’s Bella Center from October 8 to 11, Shoptalk Europe offers more than 100 events including presentations, keynotes, roundtable discussions and networking opportunities. It has a line-up of 200 speakers and is expected to attract more than 2000 delegates.

    “By changing the conversation and building a new community focused on innovation, Shoptalk Europe presents a unique, large-scale opportunity for the retail and e-commerce ecosystem to learn, collaborate and drive the future of commerce in Europe,” says Shoptalk Europe founder/chairman Anil Aggarwal.

    The event is a spin-off from Shoptalk USA, which will next be held at the Venetian in Las Vegas from March 18 to 21.

    Tickets for Shoptalk Europe are available online.

  • AirAsia to start offering Manila–Ho Chi Minh City flights in November

    AirAsia to start offering Manila–Ho Chi Minh City flights in November

    Budget carrier AirAsia Philippines on Tuesday announced it will begin offering direct flights from Manila to Ho Chi Minh City, Vietnam in November.

    “We are thrilled to announce that we will start servicing direct flights from Manila to Ho Chi Minh in November as part of our commitment to continue bringing the Philippines closer to neighboring cities within the Asean region,” AirAsia Philippines CEO Dexter Comendador said in a statement.

    AirAsia is offering an introductory promo fare of P990 for the Manila-Ho Chi Minh route. The promo is available for booking from September 19 to October 18 on AirAsia’s website and mobile app.

    The promo fares are available for travel period from November 17, 2017 to November 21, 2018.

    AirAsia will fly three times a week from Manila to Ho Chi Minh, every Tuesday, Friday, and Sunday.

  • Cebu Pacific to launch Davao-Tagbilaran flights in October

    Cebu Pacific to launch Davao-Tagbilaran flights in October

    Leading low-cost carrier Cebu Pacific continues to expand its network as it is set to launch its new route that will directly link Davao City with Tagbilaran, Bohol starting October 21. The flight will be operated by Cebu Pacific’s wholly-owned subsidiary, Cebgo, and will be flying between Davao and Tagbilaran four-times-a-week, Tuesdays, Thursday, Saturdays, and Sundays.

    The flight will be operated using one of the subsidiary’s ATR 72 aircraft. “As part of our efforts to improve the overall customer experience for everyJuan, we have been taking to heart the suggestions and feedback from our guests. We’ve looked at the feasibility of the Davao-Tagbilaran route and are optimistic that this new air link will not only answer the clamor from the local communities, but stimulate trade and tourism in both destinations,” said Alexander Lao, President and chief executive officer of Cebgo. “It’s (Davao-Tagbilaran flight) going to give us and Bohol more opportunities not only for tourism but business as well. Hopefully, also aside from locals, foreign guests will use this opportunity to come visit us in Davao,” said Davao City Tourism Operations Office head Generose Tecson, in a text message to SunStar Davao.

    For his part, Department of Tourism (DOT)-Davao Regional Director Roberto Alabado III said, “DOT welcomes the new route since this will provide more access for tourists as Bohol is one of the sought after destinations in the Philippines. The new route will allow foreign tourists to go to Davao as their next destination.” “Their Chocolate Hills experience will be complemented by the Mt. Apo and Mt. Hamiguitan experience while their tarsier encounter will be enhanced by the Philippine Eagle encounter,” he added. Davao serves as the Cebu Pacific hub in Mindanao, linking the city directly to Bacolod, Cagayan de Oro, Cebu, Dumaguete, Iloilo, Manila, Tacloban, and Zamboanga; as well as to Singapore.

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  • “Startup” Zone a hotbed for inventors to showcase innovations

    “Startup” Zone a hotbed for inventors to showcase innovations

    Electronics pioneers in Hong Kong’s flourishing startup ecosystem will be the focus of a dedicated zone at next month’s Hong Kong Electronics Fair (Autumn Edition).

    Organiser HKTDC has launched the Startup Zone providing around 100 startups from around the world an opportunity to showcase their innovative products in categories such as smart home, wearable electronics, 3D printing, IoT devices and e-health and fitness.

    A series of events including pitching, mentoring, sharing sessions and product launches over the four-day event will connect startups with prospective partners, investors and customers from all over the world.

    Anyone can attend the Startup Zone, and – if you register through this link – you can save $100 as a reader of Inside Retail Hong Kong.

    At an earlier edition of the Hong Kong Electronics Fair, the zone received high praise from participants.

    “We brought together over 20 angel investors here to listen to presentations by various startups at pitching session,” explained Dr Samson Tam, chairman of the Hong Kong Business Angel Network. “The session drew some strong responses. The Startup zone is getting more exciting with a lot of activities coming into play to gain exposure.”

    Steven Kayalicos, director of The Product Group from Australia, said he was impressed by the zone’s broad offer of new technologies, ideas and products.

    “It is likely that I’ll co-operate with two to three startups that I met at the pitching event,” he said.

    The HKTDC Hong Kong Electronics Fair (Autumn Edition) 2017 will be held from October 13-16 at the Hong Kong Convention and Exhibition Centre.

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