Meesho’s Turnaround: From First Profit to Anticipated IPO
Indian e-commerce startup Meesho has reported its first profit and is considering a stock market listing in the next 12-18 months.
Shu Uemura: Stickers Digitize Your Makeup!
L’Oréal-owed Shu Uemura has released NFC chip-embedded stickers that can be placed on the face and scanned with an NFC smartphone to create digital content.
Grown Alchemist Arrives in China
Australia’s Grown Alchemist is bringing its skincare products to China through a partnership with Sephora China.
Hong Kong International Airport launches metaverse
Together with JCDecaux Transport, Hong Kong International Airport has announced the launch of its first metaverse. The campaign kicked off on July 6 and runs through August 31, 2023 offering brands an immersive virtual world through which they can engage international visitors and local travellers.
Tencent to open WeChat Pay to international tourists
Tencent is set to open up WeChat Pay to foreign visitors to China this month. Tourists will be able to link any card issued by Visa to the popular payment app and use it to pay for goods in mainland China, according to a report published by Reuters.
Daniel Zhang to step down as Alibaba CEO in management shake-up
Alibaba is set to replace CEO Daniel Zhang with Eddie Yongming Wu, according to a report published by the Financial Times. The leadership change will take place in September.
Shinsegae takes on Coupang with retail tie-ups
Shinsegae has partnered with a series of major retailers in order to compete with e-commerce giant Coupang, according to a report published by Inside Retail Asia.
Dior sparks strong reaction from K-pop fans over social media post
A series of images posted by Dior on its Instagram account has sparked controversy from BlackPink fans over the order the pictures were uploaded in, according to a report published by Korea Boo.
Sulwhasoo partners with Lazada to host first regional Lazmall Super Brand Day
AmorePacific-owned Sulwhasoo has partnered with Lazada to hold its first regional LazMall Super Brand Day.
AmorePacific to sell beauty via KakaoTalk
AmorePacific has teamed up with KakaoTalk to sell its products via the mobile messenger app, according to an article published by the Korea Times.
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