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Foodpanda, owned by Delivery Hero, is in negotiations to sell its food delivery business in selected Southeast Asia markets (including Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmart and Laos). Grab, a ride-hailing, taxi, food delivery and grocery app in Southeast Asia, is a potential buyer according to a report by a German media company. We explore three reasons why Foodpanda want to exit this region.

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Puregold released their H1 results, and both banners, Puregold stores and S&R WHs, have reported positive growth in revenue and store network. Key figures 17 new stores were added to the Puregold and S&R WHs store networks during H1, amounting to 543 stores in total. 8 of the new stores are DiviMart, which Puregold acquired 14 DiviMart in H1 2023 and planned to convert progressively into...
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe REWE is the latest German retailer to partner with European crowd-shipping market leader Shopopop Aldi Sud’s ‘best from the region’ private label concept is growing, with it seeking to benefit from the popular German asparagus season Drugstore retailer Rossmann expands its ...
The Philippines’ second largest retailer Puregold Price Club Inc (PGOLD) reported its FY 2022 consolidated net income of Php 9.3bn, an increase of 13.5% compared to last fiscal year. Strong performance throughout pandemic Recently, Puregold was named as the Philippine’s Most Chosen Retailer according to Kantar, a leading global data analytics provider. Puregold has sustained a growth path thr...

Presentations

15/08/2023
See health trends and tactics brought to life with 50 case studies from retailers and brands from around the world.
09/06/2023
Alibaba’s Southeast Asian ecommerce subsidiary, Lazada, launched LazzieChat, a first-of-its-kind AI chatbot that can communicate with shoppers and provide customised product recommendations.
23/03/2023
Puregold’s recently updated store in Metro Manila.
10/03/2023
SM Retail’s recently updated store in Metro Manila

Key Presentation

Philippines Country Presentation

A guide to the Philippines grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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