COVID-19 latest news from around the world

Despite challenging trading conditions, Hong Kong-based Convenience Retail Asia (CRA) has posted a robust set of annual results, with Group revenue increasing by 5.9% to HKD5,632m (US$724.8m). Revenue and profits up despite tough trading conditions Overall increase in revenue was mainly attributed to a 6.1% growth in comparable-store sales for the convenience store business (turnover increa...

To help brands minimize impact of coronavirus, Alibaba’s B2B marketplace Tmall is rolling out a series of measures. A support package designed to minimize the impact Tmall has implemented a series of measures to minimize impact of coronavirus to help brands selling on its marketplace. The package includes the following: Reduced fees:  merchant operation expenses, logistics costs and ...

Alibaba has unveiled measures to help small and medium-sized enterprises in China affected by the coronavirus outbreak. 20 measures across six major areas Reduced or waived platform fees Low-interest and interest-free loans Subsidised delivery personnel and increased logistics efficiency Creation of flexible job openings Tools for accelerating digitization Remote work mana...

Singapore raised its Disease Outbreak Response System Condition (DORSCON) level to Orange status on Friday (7 th Feb) as the coronavirus spread within the community. Following the announcement, shoppers rushed to stock up on essentials, resulting in empty shelves and long queues at grocery stores across the island. FairPrice ramps up distribution of essentials Demand for daily essentials l...

We take a look at how JD.com is using its capabilities in logistics, supply chain and technology to help combat the epidemic and provide a trusted and reliable shopping experience at the same time. Ensuring food supplies to meet online demands Same as Alibaba and Walmart , JD.com also saw large increase of food sales during the ongoing epidemic when compared to the same period last yea...

With people significantly reduce the time spent outdoors, online grocery sales are soaring in China. Retailers saw explosion of online orders With Chinese nationals being advised to stay at home during Chinese New Year holiday amid the ongoing coronavirus epidemic, demand for fresh food and household items has soared. Walmart’s delivery business, JD Daojia, reported a five-fold increase ...

Unilever and JD Logistics have signed a Memorandum of Understanding (MoU) to pursue sustainable solutions in the supply chain. Building on existing relationship The MoU, which creates a framework to identify opportunities for innovative and sustainable growth, builds on Unilever’s existing relationship with Chinese e-commerce retailer JD.com, as both organisations have sealed a deal, back i...