綠色BN
2016-05-17

Retail News Roundup – May 17

The top 5 retail news clips in Asia this week.
Newspaper
1 – Asia’s ‘alpha women’ drive spending
Becoming a parent drives Indian and Chinese women to work harder and earn more, according to a study which says Asian women should not be seen as docile home makers but as “an economic powerhouse”. >>

2 – China’s mobile shoppers make more “impulse” buys on Wechat
As mobile commerce continues to grow in China, Chinese consumers are increasingly using WeChat to make “impulse” purchases, according to McKinsey’s recently released iConsumer China 2016 survey. >>

3 – Thai debut for new generation Line app
Hong Kong’s on-demand delivery app Lalamove is partnering with mobile platform Line to expand its delivery services in Bangkok. >>

4 – Asian athleisure market expanding into kids
The burgeoning athleisure fashion trend is especially popular among Koreans these days. Now, according to reports out of Seoul, the Asian athleisure market is expanding into children’s apparel. >>

5 -Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing
Apple has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. >>


  By April Wu 
  China Market Strategy

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