Jumia Food, the online food delivery marketplace under Jumia Group, just signed a new mobile payment agreement with international HR reward scheme provider, Sodexo Group, to cater for the Kenyan market...
8 Jun 2017
MUMBAI, INDIA: Anglo-Dutch food giant Unilever said it has paid US$3.2bn for an additional 14.8% in its Indian subsidiary as part of its strategy of expanding in emerging markets.
8 Jul 2013
NEW DELHI, INDIA: If there's one thing that unites Indians, it's a religion called cricket. Also 'Pepsi & Cricket' was expected. But...
9 Apr 2013
NEW DELHI, INDIA: India has asked its central bank to examine allegations that US retail giant Wal-Mart has illegally invested in Indian supermarkets since 2010, the Press Trust of India reported Thursday.
22 Oct 2012
NEW DELHI, INDIA: US giant Wal-Mart said on Friday it aims to open its first store in India within the next 12-18 months after the government opened the vast consumer market to foreign chains.
26 Sep 2012
MUMBAI: Global cosmetic firms are turning to emerging markets in the hunt for sales, but they face a challenge tailoring their beauty products to suit new customers in India, China and elsewhere.
19 Sep 2012
NEW DELHI, INDIA: US fast food giant McDonald's, famed for its beef-based Big Mac burgers, on Tuesday said it will open its first ever vegetarian-only restaurant in the world in India next year.
5 Sep 2012
NEW DELHI, INDIA / SAN FRANCISCO, US: e-commerce giant Amazon on Wednesday launched its Kindle Store in India, claiming to have the largest selection of any e-bookstore in the country.
23 Aug 2012
NEW YORK, US: Purchases of environmentally protective products have grown significantly in two of the world's leading markets - China and Brazil; but the widespread perception that these products are too expensive may be blocking deeper adoption.
21 Aug 2012
NEW DELHI, INDIA: Indian traders and farmers said on Tuesday they would stage a nationwide protest next month against any government move to open up the nation's retail sector to competition from foreign supermarkets.
25 Jul 2012
NEW YORK, US: Global consumer confidence increased one index point last quarter to 89, while Europe led confidence declines in 24 of the region's 27 measured markets, according to fourth quarter 2011 global consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy.
8 Feb 2012
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011
NUREMBURG, GERMANY: British consumers are facing the double whammy of still feeling the effects of recession even as rising costs fuel inflationary worries. They are not alone in the world, though, according to GfK Roper Consulting's 2011 Mood of the World Report, which is based on a global survey of more than 32 000 consumers ages 15 and older in 25 countries.
25 Aug 2011
HYDERABAD, INDIA: The reign of hypermarkets is under threat from a variety of sources and retailers urgently need to adapt and innovate to protect margins, finds Verdict's global arm Datamonitor Retail.
19 Apr 2011
LONDON, UK: Brands have to walk the tightrope of cultural relevance and new age aspiration to succeed in the Indian market.
17 Mar 2011
BURLINGAME, US: mig33, one of the world's largest mobile-first communities, has announced that its members purchased more than 40 million virtual gifts in 2010, with sales more than doubling in several countries during the year's final six months.
2 Mar 2011
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010
NEW DELHI, INDIA: India's government appears to be moving closer to opening up the nation's vast retail sector to foreign investors, the head of the world's number one retailer Wal-Mart said on Monday.
27 Oct 2010
A new global survey from KPMG has found that despite major concerns over privacy and data security, people around the world are rapidly adopting the mobile internet as an easy and convenient method of carrying out everyday transactions including banking and shopping.
30 Jul 2010