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Insights
09-Jun-19 China’s e-commerce giant Alibaba and Russia’s RDIF sovereign wealth fund will each invest USD100 million in a Russian joint venture, and Alibaba will contribute AliExpress Russia into the joint venture. This consists of Alibaba's Russia-based domestic and cross-border operations. [image: Retail News Asia]
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03-Jun-19 Chinese cross-border e-commerce is growing and Chinese consumers are becoming more aware of international brands, especially for healthcare, baby products, food supplements and skincare. Kaola, Mia.com and Little Red Book are three top booming platforms. [image: cifnews]
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16-May-19 Japanese department store Takashimaya is looking to expand overseas, with a focus on Southeast Asia. Its CEO hinted at opening stores in Indonesia, Malaysia and the Philippines. Takashimaya opened a store in the IconSiam development in Bangkok late 2018. [image: Takashimaya]
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14-May-19 Alibaba Group is now the most valuable retail brand outside the US and is more valuable than McDonald’s, Home Depot, Nike and Louis Vuitton, says the BrandZ Top 75 Most Valuable Global Retail Brands report. [image: América Retail]
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13-May-19 Lazada has extended its edge as the most popular e-commerce platform in Southeast Asia despite a decline in visits in the first quarter of 2019. The Alibaba-backed company scored the highest monthly users in Malaysia, Philippines, Thailand and Singapore. [image: SCMP]
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