APAC Retail: Crime, Costco China, Vietnam E-commerce and K-Food

Retail crime is becoming serious enough to affect whether stores can continue operating in parts of Australia. At the same time, Costco is expanding its reach in China through JD.com, Vietnam’s e-commerce market is being shaped by Shopee and TikTok Shop, and functional foods are moving into the mainstream across Southeast Asia.   In this Five Things Friday APAC edition, Alex Rezvan, Ryf Quail and ⁠Ngai Yuen Low ⁠Managing Director, AEON360 discuss the retail signals shaping Australia, China, Vietnam, Malaysia and the wider Asia-Pacific region.   They examine the cost of organised retail crime, the growth of paid membership retail, the role of live commerce, the importance of grocery in e-commerce adoption, the rise of functional food and the localisation of Korean food for Southeast Asian consumers.