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2024-12-17 02:21:03

Chinese brands face mixed fortunes in Southeast Asia’s complex markets
Success in Southeast Asia demands a delicate balance of e-commerce expansion, deep localization, and overcoming supply chain hurdles. When the tide of speculative capital subsides and predictions of explosive growth fail to materialize, some players inevitably clear out, while new ones, sensing opportunity, move in. The brightest story of Chinese brands venturing into Southeast...

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2024-11-18 16:09:53

JD.com’s Q3: Strong profits and growth fail to buoy investor confidence
Improved margins and a rebound in sales lifted JD.com’s Q3 profits, but market skepticism lingered over future growth. JD.com’s Q3 2024 earnings report, released November 14 after the Hong Kong stock market closed, painted a picture of steady financial growth and operational resilience. The e-commerce giant reported operating revenue of RMB 260.4 billion (USD 36.5 billion), a 5.1%...

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2024-12-02 11:37:31

Thailand’s Central Food Retail partners with Google Cloud to launch AI shopping assistant
Thailand supermarket chain Central Food Retail Company Limited has partnered with Google Cloud to launch an artificial intelligence (AI) shopping assistant. Google Cloud said in a statement on Monday that the company has joined forces with Central Retail Digital and Google Cloud to develop and launch ‘Tops Chef Bot,’ a shopping assistant powered by generative AI (gen AI) to create...

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