Aeon grew 4.6% in its overall business with FY ending February 2023, as its operating revenue reaches JPY9,117bn (US$68bn). It saw strong growth in its international business, with double digit growth in most markets through the lifting of pandemic restrictions, providing a strong platform for future growth expansion. Domestic dominates in revenue, overseas notable in profits Aeon achieved ...

7-Eleven’s parent company recorded strong growth in FY2022, buoyed by the return of footfall and travel after the pandemic, and benefiting from its Speedway acquisition in the US. Growth driven mainly by overseas operations Seven & i’s total group sales revenue grew by 25.3% to reach JPY17,842.6bn in FY2022. The large bulk of growth came from its overseas convenience store operations, which...

Alibaba Group has announced its new organisational structure aimed at supporting each of the group’s business make faster business decisions and achieve independent financing through market funding, thereby unlocking greater potential for shareholders. Business will be broken into six core business groups Taobao Tmall Commerce Group will include ecommerce platforms such as marketplaces...