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Foodpanda, owned by Delivery Hero, is in negotiations to sell its food delivery business in selected Southeast Asia markets (including Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmart and Laos). Grab, a ride-hailing, taxi, food delivery and grocery app in Southeast Asia, is a potential buyer according to a report by a German media company. We explore three reasons why Foodpanda want to exit this region.

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AEON will open 20 more shopping centres in Vietnam to pursue its growth in the market. Focus of expansion AEON has already invested more than US$1.18bn in Vietnam with shopping centres in Hanoi, Ho Chi Minh City and Hai Phong. The additional investment will be in 20 shopping centres with a focus on supermarket and entertainment. The group is also importing Vietnamese products into its store...
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...

Presentations

07/11/2023
In this presentation we look at the regional and country forecasts for grocery retailing to 2028.
16/10/2023
In this report we review Alibaba's grocery retail outlook and strategic priorities for the next five years. We use this to provide considerations and implications for suppliers.
20/07/2023
An in-depth review of the retailer's current and future performance, including an update on its strategic priorities and what this means for suppliers.

Key Presentation

Vietnam Country Presentation

A guide to Vietnam's grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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5-year forecasts to 2028

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