Here’s what you should know today.

1. Thailand’s millennials are shopping online more frequently

About 40% of online shoppers in Thailand were millennials, and this age group was the most frequent shoppers as 44% responded they shop online two to three times per month.

The survey found inaccurate and slow delivery is the greatest frustration for Thai online shoppers aged between 35-54 years. Another frustration is not being able to return goods easily, with 45% of respondents saying they would like a same-day delivery option.

Read more about the survey results here.

 

2. Why Vietnam is firmly on the radar of foreign investors

Foreign investors are taking note: They ploughed an estimated $15.8 billion into the country in 2016, a new record. And Vietnam’s policy changes are encouraging them to do so. The country relaxed foreign ownership rules for real estate in 2015.

Vietnam posted GDP growth of 6.2% last year, a figure which is forecast to rise to 6.7 percent this year amid the growing affluence and higher consumption levels of the country’s middle class who are developing a taste for foreign brands from Starbucks to Louis Vuitton.

With a fast growing middle class, ecommerce  is also poised for growth this year. To know more about Vietnam’s ecommerce landscape, check out eIQ’s compilation of the top 5 Vietnamese apps here.

Read the rest of the story here.

 

3. Insurance and wellness marketplace CXA raises $25 million from Eduardo Saverin’s B Capital Group

CXA will use the funds to take CXA beyond Singapore and Hong Kong to markets like China, India, Japan, South Korea, Taiwan, Indonesia, Malaysia, the Philippines, and Thailand.

CXA now caters to 500 corporate clients. It’s reached $10 million in annual revenue. The company’s regional expansion includes distribution deals with banks and insurers, who will white-label its platform to cross-sell individual insurance products.

Read the rest of the story here.

 

4. Community Chatter: another American retailer in trouble

Source: WSJ Logistics Report

The cost of insuring the retailer’s bonds hit new highs and its stock price continues to tumble falling 5% Monday to close at $6.52, an all-time low, signaling fresh concerns about the retailer’s future.

Read about Sears’ future here.

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