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Search Result for “declined”

Showing 1 - 10 of 104

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GENERAL

TikTok Shop reports 500% GMV growth

Business, Suchit Leesa-nguansuk, Published on 20/08/2024

» Despite the sluggish economy, TikTok Shop has posted more than 500% growth in gross merchandise value (GMV) in live commerce over the past eight months, according to the platform.

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GENERAL

Temu disrupts Thai online retailers

Suchit Leesa-nguansuk, Published on 30/07/2024

» The flood of cheap Chinese products into Thailand is expected to grow even larger following the entry of the Chinese online retailer Temu to the local e-commerce market on Monday.

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GENERAL

Asia-Pacific marketers' hike in ad spend bests other regions

Business, Suchit Leesa-nguansuk, Published on 18/05/2024

» Despite global economic challenges, Asia-Pacific marketers plan to increase product promotion, mainly on social media, while reducing their brand-building budget, according to the 2024 Nielsen Global Annual Marketer Survey.

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GENERAL

Garmin targets double-digit growth

Business, Suchit Leesa-nguansuk, Published on 08/05/2024

» Garmin, the leading GPS smartwatch manufacturer, has allocated a hefty marketing budget to shift the target market from athletes to wellness enthusiasts, aiming to achieve double-digit growth in Thailand.

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GENERAL

Smartphone market to see 3% uptick

Business, Suchit Leesa-nguansuk, Published on 14/03/2024

» Thailand's smartphone market is projected to grow 3% in 2024, driven by replacement purchases and advanced technology features, according to a global research firm.

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TECH

AI the new focus at Commart IT event

Business, Suchit Leesa-nguansuk, Published on 08/03/2024

» The arrival of artificial intelligence (AI)-empowered computers should trigger demand among early adopters at the latest Commart Comtech IT event, stimulating consumer spending after a slowdown in the first two months, says the event organiser and IT product retailers.

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GENERAL

Lazada chief set for exit

Business, Suchit Leesa-nguansuk, Published on 20/01/2024

» Lazada Thailand is planning to replace its chief, according to a source close to the e-marketplace operator who requested anonymity.

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GENERAL

Losses tally B6.76bn in past 70 days

Business, Suchit Leesa-nguansuk, Published on 16/01/2024

» Cybercrime caused damage tallying 6.76 billion baht over the past 70 days, according to the Cyber Crime Investigation Bureau.

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GENERAL

E-commerce competition set to heat up

Business, Suchit Leesa-nguansuk, Published on 06/01/2024

» The round of layoffs taking place at Alibaba-owned Lazada in Southeast Asia signals tougher competition in Thailand's e-commerce sector as players jockey for profit growth to increase investor confidence and prepare for new rivals.

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GENERAL

Report unveils prospects for digital economy

Business, Suchit Leesa-nguansuk, Published on 23/11/2023

» A focus on high-value users, the environmental, social and governance (ESG) theme, digital inclusion and data infrastructure regulations will bring a sustainable digital economy to Thailand, according to Google.