Oriental Payment Group Holdings Limited (8613.HK) announces the successful integration of the previously acquired bCODE IP into a newly developed platform—bCloud for Retail enhancing its subsidiary bDigital Holdings' market presence. The integration marks a significant advancement in deploying foundational technologies for digital services in physical retail, leveraging bCloud for Retail as a pivotal platform.
India s physical retail market is set to see a robust supply of nearly 41 million sq ft of retail developments between 2024 and 2028 across the top 7 cities. Delhi-NCR will have the majority share, followed by Chennai, Bengaluru, and Hyderabad. Large foreign institutional investors hold around 24% of the new supply. The operational retail developments currently stand at 91 million sq ft and are expected to increase by 45% to reach 132 million sq ft by 2028. Mall developers are focusing on building larger-sized malls to offer a better shopping experience.
COMPANY NEWS: Manhattan Associates Inc. (NASDAQ: MANH) predicts four key technology trends that will impact the Australian retail market in 2024. As r.