8 January 2020

Consumer & Gaming

  • Starbucks is tapping into the growing demand for vegan alternatives to dairy. Photo: Bloomberg

    Starbucks launches oat milk drink to court vegans

    Jan 8, 2020 9:36am
    Starbucks Corp. has added an oat milk beverage to its menu as the coffee chain taps into the growing demand for vegan alternatives to dairy, Reuters reports. The new beverage is available at 1,300 locations in...
  • Sony aims to start test rides during the next financial year to check the performance of its auto-related technologies. Photo: Bloomberg

    Sony to test self-driving cars to boost sensing, safety tech

    Jan 7, 2020 5:10pm
    Sony Corp plans to start testing self-driving cars as early as this year in a bid to beef up the company’s sensing and safety technologies, Reuters reports. The Japanese electronics giant revealed the plan as it...
  • Restaurant owners, food delivery riders and lawmakers in South Korea have urged the nation's antitrust regulator to thoroughly review the Delivery Hero-Woowa Brothers deal. Photo: Bloomberg

    S Korea restaurant owners voice concern over Delivery Hero deal

    Jan 6, 2020 1:47pm
    Restaurant owners in South Korea have expressed concern over food delivery giant Delivery Hero’s proposed US$4 billion acquisition of rival player Woowa Brothers, saying the move could undermine competition and lead to higher fees. Restaurant owners...
  • Kweichow Moutai is forecasting a mere 10 percent sales growth for 2020 amid China’s slowing economic growth and the clampdown on speculative demand. Photo: CNSA

    Liquor king Kweichow Moutai says goodbye to era of easy money

    - Jan 3, 2020 5:08pm
    Kweichow Moutai (600519.CN), China’s top liquor brand, saw its share price tumble 4.5 percent on the first trading day of the new year, despite a strong overall market, after the company said its revenue and earnings...
  • JD Logistics is said to be preparing for an IPO as it seeks funds for expansion of its infrastructure facilities, among other plans. Photo: Bloomberg’s logistics unit eyes potential US$8-10 bln IPO: report

    Dec 24, 2019 10:24am
    JD Logistics, a unit of Chinese e-commerce giant, has held early talks with banks about a potential overseas IPO that could raise US$8-10 billion, Reuters reports, citing people with knowledge of the matter. JD Logistics...
  • Tesco says it has launched an investigation after allegations that a Chinese supplier of Christmas cards may have used prison labor. Photo: Reuters

    Tesco suspends Chinese supplier after prisoner labor report

    Dec 23, 2019 8:42am
    British supermarket chain Tesco suspended a Chinese supplier of Christmas cards after a press report said a customer found a message written inside a card saying it had been packed by foreign prisoners who were victims...
  • Arsenal’s Mesut Ozil criticized China’s crackdown on its minority Uighurs and the silence of Muslims in response. Photo: Reuters

    Ozil removed from computer game in China over Uighur comments

    Dec 19, 2019 7:53am
    Arsenal’s Mesut Ozil has been removed from Konami’s eFootball Pro Evolution Soccer (PES) 2020 computer game in China over his comments about the country’s treatment of its Uighur Muslims, Reuters reports. NetEase, which publishes the PES...
  • The damage caused by the current  unrest to the tourism industry is no worse than the impact of the SARS outbreak in 2003. Photo: Bloomberg

    The bigger problem in the tourism industry

    - Dec 18, 2019 3:41pm
    The months-long unrest in Hong Kong has had a very serious impact on the tourism sector. Surely, not too many people would like to visit a place wracked by violent protests. But how bad would be...
  • is striving to hit accelerated delivery deadlines this holiday season. Photo: Bloomberg

    Amazon blocks sellers from using FedEx for some Prime shipments

    Dec 17, 2019 10:05am Inc. is temporarily blocking third-party sellers from using FedEx Corp.’s ground delivery network to handle Prime shipments as it strives to hit accelerated delivery deadlines this holiday season, Reuters reports. This is likely to affect...
  • South Korea is said to be the world’s No. 4 market for online food orders. Photo: Bloomberg

    Germany’s Delivery Hero to buy Korea’s Woowa in US$4 bln deal

    Dec 13, 2019 3:34pm
    Germany’s Delivery Hero has agreed to buy Woowa Brothers, which operates South Korea’s largest food delivery app, in a?US$4 billion deal. Announcing the deal on Friday, Woowa said the sale was “a survival strategy” in an...
  • MUJI has lost out in a trademark infringement case in China, prompting concerns among foreign firms operating in the country. Photo: Bloomberg

    Trademark lawsuits in China and the mixed outcomes

    - Dec 13, 2019 11:39am
    Japanese retailer MUJI recently lost a drawn-out trademark battle with a local company in China. MUJI, founded in 1980, entered China market in 2005. It opened its first store in Shanghai, and later found out that...
  • AB InBev's sale of its Australian unit to Japan's Asahi is facing some uncertainty as Australia's antitrust regulator has raised some concerns. Photo: Reuters

    Australia regulator raises concerns over AB InBev-Asahi deal

    Dec 12, 2019 12:07pm
    Australia’s antitrust regulator has raised concerns over Anheuser-Busch InBev’s US$11.3 billion deal to sell its Australian operations to Japan’s Asahi group Holdings. The Australian Competition and Consumer Commission (ACCC), in a preliminary view, said the deal...
  • Many local fans of Nakamura Tokichi will miss its signature matcha and egg rolls – and the experience of dining in an authentic Kyoto teahouse. Photo: Wpcpey/Wikimedia Commons

    Sayonara to Nakamura Tokichi

    - Dec 12, 2019 11:17am
    When Japanese green tea purveyor Nakamura Tokichi landed in Hong Kong in 2015, the local property market was down following the Occupy protest movement a few months back.? It was an auspicious start as it meant...
  • Restaurants are most affected in times of economic slowdown or social unrest. Photo: CNSA

    Why restaurants are among the hardest hit during downturn

    - Dec 11, 2019 8:00am
    Hong Kong is going through a recession, which should not be a deep one as we have not experienced any bubble bursting. Severe recessions in the past were all due to huge leveraging and then deleveraging;...
  • Harbour City is known for its extravagant  Christmas decorations. But the giant shopping mall may make this year an exception. Photo: Bloomberg

    No Christmas decorations at Harbour City

    - Dec 9, 2019 12:37pm
    It is said that one good example of the “one country, two systems” principle is?Christmas, which is a major event and public holiday in Hong Kong but is not even celebrated by most people in mainland...
  • Johnson & Johnson said recent tests of samples from the same bottle of Johnson's Baby Powder tested by FDA labs found no asbestos. Photo: AFP

    J&J says new tests show no asbestos in baby powder

    Dec 4, 2019 9:31am
    Johnson & Johnson said recent tests showed that Johnson’s Baby Powder was free of asbestos, after US Food and Drug Administration investigations reported trace amounts of the material in the product earlier this year, Reuters reports....
  • Champagne is among the French products that US President Donald Trump has threatened with tariffs of up to 100 percent. Photo: Reuters

    France fights back over US tariff threat

    Dec 4, 2019 7:28am
    France and the European Union said they are ready to retaliate if US President Donald Trump acted on a threat to impose duties of up to 100 percent on imports of champagne, handbags and other French...
  • Amazon workers perform their jobs inside a fulfillment center in Robbinsville, New Jersey, on Monday. The company and its rivals have all beefed up services to fulfill online orders more quickly. Photo: Reuters

    US Cyber Monday sales poised to top US$9.4 billion

    Dec 3, 2019 9:34am
    Cyber Monday sales were on course to bring in a record US$9.4 billion, according to early estimates, building on a bumper Black Friday weekend for US retailers driven by earlier-than-usual promotions and free shipping, Reuters reports....
  • Shoppers are seen in Macy's Herald Square during early opening for the Black Friday sales in Manhattan, New York City. Photo: Reuters

    Black Friday shoppers splurge over US$7 billion online

    Dec 2, 2019 7:27am
    US shoppers made more purchases online on Black Friday than in the mall, hurting traffic and sales at brick-and-mortar stores, Reuters reports. For the first time in several years, however, store traffic on Thanksgiving evening grew,...
  • Many e-commerce websites see a major spike in traffic during the holiday shopping season. Photo: AFP

    Some e-commerce website tips for the holiday season

    - Nov 29, 2019 10:39am
    Hong Kong has seen one of Japan’s biggest fast-fashion brands open an online store, even though it has an extensive traditional retail network across high-traffic areas in the city. This reflects the huge potential in the...