Retail

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.

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.

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.

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.

Hong Kong retail sales up 0.2% in September

Retail sales stood at $28.1b, the Census and Statistics Department reported.

Complications and iconic designs: Patek Philippe’s eight debuts showcase its fields of excellence

The manufacturer has extended its collection of complications with new chronographs.