Malaysia - News & Analysis

21 October 2020
MyNews Holdings Bhd, which operates about 570 MyNews outlets, plans to open CU convenience stores from South Korea. Early 2021 launch The licensing agreement with CU’s owner, BGF Retail Co Ltd, is for 10 years with an additional 10-year renewal term. The group will open 30 to 50 CU stores in Klang Valley next year to monitor their performance. MyNews will be spending US$7.2m to US$9.6m in c...
13 October 2020
Tesco Malaysia has enabled e-wallet payments across all food courts. It is operating 56 food courts out of 62 stores nationwaide. COVID-19 accelerated adoption of ecommerce in Malaysia Tesco Malaysia cited a Mastercard Impact Studies published in June this year showing that Malaysia's e-wallet penetration of 40 per cent is highest in Southeast Asia. E-wallet is also the preferred payment op...
01 October 2020
Foodcourts by GrabFood is a new feature on Grab Malaysia’s platform. Mix and Match with one delivery fee Shoppers can order food from multiple stalls in a single food court and pay only one delivery fee. This reduces the delivery fee for consumers while supporting local eateries. The service is available in food courts across Klang Valley, Penang, Johor Bahru, Kuching, Kota Kinabalu, Melaka...
25 August 2020
Grab and Unilever will collaborate to protect Grab drivers and riders, connect small business retailers to online channel and dispatch products to retailers using GrabExpress drivers. GrabProtect through Unilever products Unilever will be equipping vehicles in Indonesia, Malaysia, and the Philippines with Lifebuoy hand sanitisers and Cif disinfectant sprays, at no cost to driver-partners or...
12 August 2020
For the first time, ASEAN Day will include the launch of the inaugural ASEAN Online Sale Day on 8 August. An initiative for retailers to showcase their products The new initiative is supported by many retailers across the Southeast Asian markets. It is a way to encourage retailers to embrace digitalisation to reach more consumers and access new markets. Source:...
30 July 2020
Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales including 100% of associates and joint venture increased 6% to US$14,547m, but subsidiary sales fell 9% to US$5,240m. Overall performance mixed Sales by the Group’s subsidiaries fell mainly due to the annualised impact of the stores closures in 2019 under the Group’s space optimisation plan in Southe...
21 July 2020
Don Don Donki plans to open its first store in Malaysia in 2021. Strategic location in the heart of the capital The street-fronting store will be at Lot 10 shopping mall, outside Bukit Bintang train station. It will occupy three floors, providing a wide range of Japanese products including food and souvenirs. The location is near a cluster of hotels and shopping malls along Bukit Bintang, a...
13 July 2020
AEON has provided new ways for shoppers to buy their groceries during the lockdown period due to COVID-19 in Malaysia. Its latest initative is to launch a new supermarket online service on 14 July 2020. New online grocery shopping platform AEON is launching its own online grocery platform at https://fresh.myaeon.com.my . The service provides delivery within 30 minutes of its fulfilment cen...
29 June 2020
Alibaba Group has named Chun Li as Group Chief Executive Officer of Lazada, effective from 1 st July 2020. An experienced leader Li joined Alibaba as chief technology officer for the company’s B2B division in 2014 and moved to Lazada in 2017. He has since served as both group president and CEO of Lazada Indonesia. Li held leadership positions at Paypal and eBay prior to joining Alibaba. “...
23 June 2020
Grab Holdings, a Singapore-based ride-hailing company, is expanding its delivery services from convenience stores and supermarkets across 50 cities in the region. Expansion accelerated in the pandemic The company has teamed up with 3,000 stores as it accelerates delivery of groceries, toilet paper, packaged snacks and beverages to the community during the COVID-19 pandemic. Grab provided th...