Asia

Online Grocery Sales Set To Grow 198% In Asia By 2023: IGD

Online grocery sales in Asia’s top 12 markets will grow by 198%, to $295 billion (€261.2 billion), by 2023, from $99 billion (€87.7 billion...

AB InBev Seeks $9.8bn For Asia Stake In World's Largest 2019 IPO

Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion (€8.7 billion) by listing its Asia-Pacific business in Hong Ko...

African Swine Fever Hits Industrial Farms In Vietnam, 2.8m Pigs Culled

Vietnam has culled nearly 10% of its pig herd to contain an African swine fever outbreak that has started hitting large-scale industrial farms, the go...

Carrefour Will Be Keen To Retain 'Laboratory' Aspect Of Chinese Venture: Analysis

While discounter Aldi has just made its first foray into the Chinese market, Carrefour has become the latest big name retailer to announce a retreat from t...

Pernod Confident On Asia, Jacob's Creek Selling Well In China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, sounded confident over its growth prospects in Asia including for wines s...

Ricola Posts Net Sales Growth Of 4.4% In FY 2018

Swiss cough-drops and breath mints manufacturer Ricola has posted a 4.4% growth in net sales to CHF 339.3 million (€301.5 million) in its financial ye...

Spar International Posts Global Sales Of €35.8bn In FY 2018

Spar International has posted global retail sales of €35.8 billion – up 5.4% on a constant-currency basis – in its 2018 financia...

AB InBev Files For Hong Kong IPO Of Asia Business To Raise $5bn

The world's biggest brewer, Anheuser-Busch InBev, filed plans on Friday to spin off its Asian business via a Hong Kong initial public offering, in a deal w...