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Grab Acquires Foodpanda Taiwan for US$600M in First Asia Expansion
Grab expands beyond Southeast Asia with its $600M acquisition of Foodpanda Taiwan, entering a high-income market with 10% delivery penetration and strong growth potential.
Timely updates on marketing, media, and communications developments in Asia.
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Grab expands beyond Southeast Asia with its $600M acquisition of Foodpanda Taiwan, entering a high-income market with 10% delivery penetration and strong growth potential.
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Australia's richest list entry threshold hits US$750M as Asia-Pacific ultra-wealthy population surges. Luxury brands must recalibrate strategies as wealth concentration reshapes target markets.
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Heritage brands are leveraging customization to deepen customer loyalty. Sanrio and Converse's joint collection uses personalization and character collectability to drive repeat engagement across age groups.
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Resource companies face a new communications reality as organized Indigenous groups outmaneuver traditional PR tactics. The Murujuga campaign shows why CMOs must rethink stakeholder engagement in Asia-Pacific.
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Female executives are redefining the Middle East's creative economy as Dubai targets 5% GDP contribution from creative industries. A New York Festivals panel explores how women are shaping regional brand-building strategy.
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Meta guarantees $1K–$3K monthly payments to established creators who post on Facebook. The program signals intensifying competition for creator talent across platforms.
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Nestlé's KitKat launches official F1 partnership with 350kg chocolate car at Silverstone, expanding activation across 60 countries with localized Asia strategies.
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CFOs across Asia Pacific face blind spots on events spending with no governance framework. HeadBox whitepaper reveals five structural barriers blocking budget control as the region's corporate events market grows 5.8% annually.
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Nespresso appoints Dua Lipa as global ambassador to modernize its brand legacy while targeting 18% growth in Asia-Pacific premium coffee markets. The Vertuo World campaign launches April 14.
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AI is collapsing execution costs and forcing APAC agencies to abandon traditional retainer models. Chinese brands now use 12.7 agencies simultaneously, signaling the end of bundled full-service relationships.
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When Kyle & Jackie O exited Sydney radio, their 12.7% audience scattered rather than transferred. APAC brand leaders must rethink succession planning and audience retention strategies.
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New York Festivals launches first dedicated Creative Strategy jury, appointing VML's Ellie Bamford to chair. The category honors advertising that combines insight-driven strategy with measurable business results.