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Shopee: New normal in world of retailing here to stay
KUALA LUMPUR: Over 32 million Malaysians are affected by the movement control order (MCO) introduced on March 18 to control the spread of Covid-19.
London stocks retreat as recovery hopes dim
BENGALURU: London-listed stocks headed lower on Thursday as a plunge in Japanese exports dulled optimism around a speedy recovery from a coronavirus-induced economic slump, with investors also sifting through another mixed bag of quarterly earnings reports.
At-home shoppers drive record online sales
WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
Online artisan bazaar gets funded
LOCAL lifestyle social commerce platform Poptron has received US$1mil (RM4.04mil) in funding from a Nasdaq-listed company, which will prep it for regional expansion in the first quarter of this year.
Surging shipping rates pose new headwind for global economy
SHOCKS to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
Tesco leads calls for online sales tax in the UK
Retailers also seek to ease tax burden with permanent rate cut