31 August – Packworks, a local startup that provides a business-to-business (B2B) open platform to sari-sari stores, has been recognized as one of the companies to watch out for in the Asia-Pacific region in Forbes Asia’s 100 to Watch List of 2023. (more…)
23 February 2023, Manila, Philippines – Filipino consumers at the local level were still plagued by high prices, as the year-on-year inflation rate for food items (excluding beverages) sold in sari-sari stores (neighborhood stores) reached 15.62% in January, according to the latest research released by Packworks in collaboration with Fourthwall, a sociocultural research firm. The figures obtained from Packworks’ Sari IQ business intelligence tool show Sari-sari store’s inflation rate is 4.4% greater than the official food inflation rate of 11.2% reported by the Philippine Statistics Authority (PSA) in January 2023. (more…)
Sawsawan culture prevails over Filipinos’ love of fruit salad and sugary food (more…)
18 October 2022, Philippines – Packworks bagged the top spot in the Philippine leg of the Startup World Cup (SWC) during the regional Wildfire pitch competition at the IGNITE 2022 FUSION’S hybrid conference. As the winner, the retail tech startup gained the right to represent the country and vie for the $1 million grand prize in the 2023 SWC Grand Finale organized by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm. (more…)
23 September 2022 — When it comes to bath time, Filipinos take it seriously. Apparently, bathing is a daily ritual sacred to many Filipinos–and it shows in their shopping habits. A research conducted by Packworks Sari IQ showed that Filipinos spend more on hygiene and self-care essentials in the event of disasters or emergencies. (more…)
