The latest addition to the recent deluge of investment in premium yoga centers is Space Yoga's massive new Tienmu (
Yoga has long been part of exercise programs offered by health centers worldwide, and establishments such as Chiu Su Jen Yoga Center (邱素真瑜伽天地) have been in business for 20 years. But the last year has seen an explosion in yoga teaching in Taiwan, with the opening in October last year of True Yoga, the launch of a flagship store by Chiu Su Jen Yoga Center, and the establishment of Space Yoga, all in Taipei's upmarket east district.
According to Matthew Allison, the founder of Space Yoga, Space has already had 10,000 members in the year since it opened in Anho Road. Allison said that Space distinguishes itself from the other centers in focusing exclusively on yoga, and rejecting any branching out into pilates, taichi or dance styles.
PHOTO: LO PEI-DER, TAIPEI TIMES
In creating the new center, Allison said he wanted to make a relaxed space in which people could come to get away from the noise and crowding of Taipei, and where they could seek both physical and mental repose. He emphasized that yoga at Space was a lifestyle choice rather than just exercise, a fact also underlined by the center's merchandizing its yoga mats, rugs and other items.
Allison said that the yoga market was growing rapidly in Taiwan, and that while Space would restrict itself to being true to the various forms of traditional yoga, the spread of yoga through other centers was certainly beneficial to the market as a whole.
Increasingly, the yoga market is distinguishing itself from the physical fitness market. Alexander Health Club (亞力山大), one of Taiwan's best known fitness and beauty brands, has begun to promote yoga, setting up its New York, New York branch as a dedicated yoga center offing a wide range of yoga and related exercise classes.
True Yoga itself is a branching off from the traditional fitness market through its founder Jeffrey Shih (
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
RSS