Retail
What's in? SHOPLINE unveils 4 trends in HK's e-commerce market
The platform said online shopping is steadily growing as its merchants reached over 3.35 million customers in 2022.
Jumppoint, the underserved market’s portal for deliveries
Algorithm helps the Hong Kong-based startup predict demand per area to ensure efficient drops at low cost.
Consumers crave human connection amidst era of automation
Businesses should balance automation with personal care, says Euromonitor International.
Retail sales value in January grew 7% YoY
The total value is at $36.2b driven by the return of tourists.
Retail sales grows 31.3% in February 2023
But provisional online retail sales dropped 4.1% to $2.6b.
CK Hutchison posts 10% profit growth in 2022
Its profit attributable to ordinary shareholders stood at HK$36.6b.
How Hong Kong can remain a shopping destination for GBA travellers
Survey reveals 10%-15% of GBA travellers will spend less in HK in the next 3 years.
Retail sales value jumps 7% YoY in January
The total value stood at $36.2b.
Border reopening boosts retail sentiment: CBRE
Asking rents in tourist hotspots have increased since January.
Around 3 in 10 Hongkongers prefer shopping online
Over half of the consumers in Indonesia and Thailand would rather buy online.
Retail sales value increases 1.1% YoY in December
The total value stood at $33.7b.
Top 3 cross-border destinations retailers eye for expansion
Hong Kong and Singapore are tied for second place.
SMEs remain in ‘expansionary’ territory in Q4 2022
This is for the eighth consecutive quarter, OCBC noted.
Managing conversations to increase conversions
Enterprises that used chat management platform, imBee, saw a 25% increase in sales.
Cathay opens experiential retail space in Cityplaza shopping mall
Customers can scan products through QR code and use flexible modes of payment.
Retail sales value edges up by 3.9% YoY in October
The total value stood at $31.9b.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong