Hints and tips:
...On an investor call in October, Coca-Cola chief executive James Quincey pointed out that Gen Z consumers, born between roughly 1997 and 2012, spend seven to nine hours a day on a screen but “very little...
...“I have N.E.R.D tees that immediately take me back to the summer of 2005: good, carefree times in my life,” he says....
...The test is required for foreign companies like E-Mart, a chain of markets and minimarts....
...“Both Lotte and E-Mart were eager to take over eBay’s operations but E-Mart offered about Won500bn more,” added the industry official....
...Having a fast-ageing population, reluctant to embrace e-payments, has not helped. But change is afoot....
...Allbirds, founded in 2015, raised $100m in a Series E funding round in September last year, valuing it at $1bn....
...The latter division has already witnessed a clampdown on its supersized money market fund, Yu’E Bao, in 2017....
...Clearly there is,” said Peter Alexander, managing director at Z-Ben, a Shanghai-based consultancy, of Ant’s arrangement with the fund managers....
...“Managers including Penghua, E Fund, China Universal and a host of others have raised billions in a matter of hours for new equity launches, heavily supported by the move out of money market funds....
...Assets held in Yu’e Bao reached a peak of about $250bn in 2018, illustrating the power of Ant’s technology to drive investor inflows....
...Walmart International said it was buying Cornershop, for $225m, swallowing one of the most disruptive e-commerce rivals and boosting its tech portfolio in the Latin America region where e-commerce is still...
...Based on the success of its first location in Vietnam, E-Mart is expected to open 10 or more locations in the country....
...“These products’ biggest customers are millennials and Gen Z. Younger folks adopt tech products much faster,” she said....
...platform’s reputation as a value retailer: We believe Whole Foods’ strong store brand, relatively well-established private label line (365 Everyday Value) and smaller store format than other grocers (e.g...
...Korean discount chain E-mart is reportedly pulling out of China altogether after two decades of losses....
...Additionally, Korean retail conglomerate Shinsegae opened an online grocery in China for its supermarket subsidiary E-mart through a partnership with Tmall International....
...Jay-Z bought the company in January of this year, then re-introduced it to the world with his press conference in March....
...It has already signed up Discovery Communications, A+E Networks, Vivendi’s Universal Music and Warner Music Group....
...Chris Powers, an analyst at Z-Ben Advisors, the Shanghai-based consultancy, said: “We have had several clients ask us about [teaming up with Chinese internet groups]....
...Coupang faces competition from Daum Kakao, maker of South Korea’s overwhelmingly popular KakaoTalk chat app, which is making a push into online shopping, as are supermarket chains such as E-Mart....
...JD.com, an electronic e-commerce company....
...Both E-Mart and Lotte have “had difficulty adapting their merchandise and promotions to Chinese tastes”....
...China’s Harvest recently confirmed plans to set up a London arm, while E Fund Management told FTfm in July that it is considering opening offices in New York and London....
...Yu’e Bao has certainly changed how people see the asset management industry.”...
...(WSJ) “The National Labor Relations Board said it is prepared to file complaints alleging Wal-Mart violated workers’ rights to protest—unless Wal-Mart and the parties settle matters first.”...
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