Retail news from Asiafruit – Page 17
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Dada Group and Pagoda team up
China’s leading local on-demand retail and delivery platform to deliver fresh fruit to consumers across China within one hour
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Amazon objects to sale of Future Retail
A court has put a hold on Reliance Retail’s purchase of Future Group’s retail arm after an application from Amazon
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Alibaba increases stake in Sun Art
E-commerce giant invests a further US$3.6bn in hypermarket and supermarket operator Sun Art Retail Group
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LuLu’s South-East Asian push
Retailer opens new stores in Indonesia and promotes ASEAN fresh produce exports in Saudi Arabia
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INI Farms launches e-commerce platform
Indian fresh produce company enters e-commerce race with new website, free shipping and same day delivery
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FairPrice tackles waste problem
Singapore-based retailer is trying find the right balance as it attempts to reduce packaging and food waste
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Bankruptcy for SunMoon’s parent company
Shanghai Yiguo E-Commerce, parent company of SunMoon, has been placed under voluntary bankruptcy reorganisation
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China snaps up Malaysian durian
Around US$15m worth of durian was sold in one hour during a China-Malaysia online festival
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Research shows benefits of post-harvest solution
SmartFresh quality system from AgroFresh proven to extend market life of plums and pluots by six to nine days
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Investment flows in for Reliance
Investors have poured more than US$4bn worth of investment into Reliance Retail following its expansion
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Pinduoduo partners with China Post
E-tailer and state-owned postal service partner to develop agricultural production and promotion
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WellFruit opens signature store
Chinese retailer opens flagship store in Shanghai, attracting thousands of customers
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Potential deal could transform Indian retail
Unconfirmed reports indicate Reliance Industries has offered a 40 per cent stake in its retail arm to Amazon
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Don Don Donki sets sights on Taiwan
Reports suggest Japanese discount retailer will trade new 24/7 retail store in Taipei, the first in the country
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Korean vegetable prices soar
Poor weather has contributed to skyrocketing vegetable prices in the leadup to Korean holiday Chuseok
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DHL launch durian express initiative
New service allows Malaysian durian growers to export fruit to Hong Kong and Singapore in under 24-hours
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Woolworths backs organic growers
Retail giant awards Organic Growth Fund grants to four family-owned Australian farms
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On the agenda at Asiafruit Congress ON
Asia’s premier fresh produce conference livestreams on 17 November with a high-powered programme to prime the business for new market opportunities and challenges post-Covid
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Aibono raises US$2m for expansion
Indian farm aggregator supported by Rebright Partners, Mitsui Sumitomo Insurance, and Lesing Artha in latest funding round
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Pinduoduo focuses on produce
Chinese e-commerce platform wants to promote the digitalisation of the country’s agriculture and boost the sales of fresh produce