China: Temu’s parent PDD Holdings reported an outstanding Q3 PDD Holdings, home to the rising cross-border online discount platform, has reported a year-on-year increase of over 90% in revenue, amounting to $9.44 billion in Q3. Temu has come under the spotlight of many online retailers since the platform rose to the top of app stores in the US in just a few weeks and has now gained a presence ...

With network expansion not a priority for 7-Eleven in the saturated Japanese market, it is adopting new strategies in the area of AI technology and product offerings to drive sales in its stores. Generative AI to drive product innovation 7-Eleven Japan has built its own cloud-based IT system with generative AI from OpenAI, Stability AI and Google to collect data from customer sales, product...

Seven interesting formats of 7-Eleven around the world 7-Eleven is the world’s largest convenience retail banner in terms of revenue and stores, with a global presence across more than 20 markets. Catering to local needs While 7-Eleven is well known for its food-to-go and beverage range, its global presence means it and its global franchisees may sometimes flex its format to meet local n...