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Search Result for “Online businesses”

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BUSINESS

We may have already passed 'peak petrol'

Asia focus, Suwatchai Songwanich, Published on 05/04/2021

» Last year saw an 11% drop in global petrol consumption, marking the beginning of a historical shift after more than a century of continuous growth in demand. The International Energy Agency (IEA) is now predicting that we will probably never see pre-Covid levels of petrol use again.

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BUSINESS

Online dating starts to take off in China

Asia focus, Suwatchai Songwanich, Published on 03/02/2020

» Revenue from the online dating industry in China is forecast to reach US$230 million this year as young people continue to shift away from traditional matchmaking patterns. Nearly half of the country's 200 million unmarried people are expected to use online dating platforms by 2022 as young and independent singles are successfully using apps to find a romantic match.

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BUSINESS

Food delivery needs to get greener

Asia focus, Suwatchai Songwanich, Published on 06/01/2020

» China is home to the world's largest online food delivery market, estimated to be worth US$37 billion in 2019, with rapid growth at 35% year-on-year in the third quarter alone. An online poll by National Business Daily found almost 23% of respondents ordered takeaway food every day, with nearly 52% saying they ordered it one to five times a week.

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BUSINESS

The new face of shopping: Live streaming

Asia focus, Suwatchai Songwanich, Published on 09/12/2019

» Live streaming is taking China by storm, becoming one of the key e-commerce platforms during the Singles Day sales that broke records once again last month.

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BUSINESS

'Netflix of China' makes its mark

Asia focus, Suwatchai Songwanich, Published on 23/09/2019

» Entertainment is big business in China. iQiyi, China's largest video streaming service, is breaking new ground in this area. The company has been dubbed "the Netflix of China" for adapting the model of the popular US-based streaming service to suit the Chinese market.

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BUSINESS

Offline experience still king for retail

Asia focus, Suwatchai Songwanich, Published on 09/09/2019

» Offline retail is making a comeback in China with the rise of brand concept stores. Reimagining bricks and mortar, every part of a concept store tells a story or creates an experience. While e-commerce continues to grow, the store experience is becoming more important than ever as a way to build an emotional connection with consumers.