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Five key themes from 2019’s RISE conference

Five key themes from 2019’s RISE conference With RISE having concluded on July 11, it is now possible to take stock of the learnings that have emerged from Asia’s largest tech conference. Here we summarise five key themes that emerged across the four days of this year’s event in Hong Kong: Emerging markets are fertileContinue reading “Five key themes from 2019’s RISE conference”

How can retailers unleash the power of artificial intelligence

How can retailers unleash the power of artificial intelligence Artificial intelligence has been a buzzword in the retail industry for some time now. But rather than just talk about it, retailers are now at a stage where they are putting words into action and starting on their first AI projects. Over the last year, anContinue reading “How can retailers unleash the power of artificial intelligence”

How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines?

How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines? The ecommerce sector in the Philippines is booming. Growth has been running well into double digits for several years now and analysts are forecasting online sales to surge to US$9.7bn by 2025 – up from just US$0.5bn in 2015. Yet, there isContinue reading “How Can Retailers Capitalise on the Explosive Growth of Ecommerce in the Philippines?”

Are Hong Kong retailers ready for a cashless society?

How can retailers unleash the power of artificial intelligence Tofugear, in partnership with payments platform Wirecard, has taken a deep dive into the digital payments landscape in Hong Kong, which has been encapsulated in The Digital Payments Landscape in Hong Kong 2019 report. For this research study, we surveyed 1,000 Hong Kongers to find out more aboutContinue reading “Are Hong Kong retailers ready for a cashless society?”

Powering Retail Image Recognition Innovation with True AI

Powering Retail Image Recognition Innovation with True AI Last week, Tofugear’s CEO was on stage at the Microsoft Future Now Conference 2019 in Manila to showcase our company’s latest innovation with AI and share his vision for how AI will shape the retail industry, both in the Philippines and in Asia overall. In the past,Continue reading “Powering Retail Image Recognition Innovation with True AI”

How China’s New Ecommerce Law Is Impacting Retail

How China’s New Ecommerce Law Is Impacting Retail China has enacted a new ecommerce law from January this year, which is having a ripple effect on retailers, independent sellers and consumers. Perhaps not so surprising given that ecommerce accounts for close to a quarter of all retail sales In China. The new law has beenContinue reading “How China’s New Ecommerce Law Is Impacting Retail”

Physical Retailers Should Embrace Cross-Channel Shopping Behaviour

Physical Retailers Should Embrace Cross-Channel Shopping Behaviour Shopping habits in Asia have changed over the last decade, with many consumers’ shopping journeys likely to incorporate multiple channels such as mobile, online or stores. But what are the drivers behind this cross-channel behaviour and how can store-based retailers ensure that they do not lose out toContinue reading “Physical Retailers Should Embrace Cross-Channel Shopping Behaviour”

Recap of Retail Asia Expo 2018

Online marketplaces – the future of retail? Retail Asia Expo 2018 is officially over and it has been another successful edition for the Tofugear team. Here we summarise some of our highlights from the three-day event. The Tofugear Booth Our booth attracted a steady stream of visitors and it was our pleasure to demonstrate howContinue reading “Recap of Retail Asia Expo 2018”

Online marketplaces – the future of retail?

Online marketplaces – the future of retail? Tofugear recently conducted a survey among 150 retailers in Asia and found that 70% of retailers that have ecommerce operations also utilise online marketplaces. This finding is perhaps not so surprising given the wide range of options available to retailers in Asia from leading Chinese platforms such asContinue reading “Online marketplaces – the future of retail?”

Four things to look out for at RAE2018

Online marketplaces – the future of retail? The Tofugear Booth (powered by Microsoft) This year we have a bigger and better booth and we’re partnering with our buddies at Microsoft. Located within Hall 3FG, you can find us at G23 where we’ll showcase a unique demo of the Store of the Future and the opportunities it couldContinue reading “Four things to look out for at RAE2018”