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...Instacart, a grocery delivery start-up, carried out an IPO in part to create liquidity for employees who had been granted RSUs....
...The market for US IPOs has been challenged over the past year but has recently shown signs of activity, with high-profile listings by German sandal maker Birkenstock, chip designer Arm and grocery delivery...
Rating agency voices concern as Beijing transitions from property-led growth model
...Proponents in the UK range from brokers to grocery delivery....
...Of about 20 people queueing at a grocery stall, not one intended to vote for Fox — even habitual supporters of the party such as retired couple Ron and Chris Stratton. “Not this time....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...But voters, hit by soaring grocery prices and housing costs, have been more circumspect....
Given existing options to gain listed exposure like MicroStrategy, the real problem is finding a use for the crypto assets
...Morgan Stanley estimates that across the US, about 11 per cent of grocery shopping takes place online. That compares to about a third of non grocery sales....
...Hongkongers are increasingly flocking to mainland China on weekend getaway trips, attracted by cheaper groceries and American-style wholesale warehouses....
High Court upholds PDT’s claims across three parts of former steelworks site
...Instacart, the largest US grocery delivery app, cut 7 per cent of its staff this week in an effort to become more efficient....
...William Woods at Bernstein said: “Tesco delivered a good set of results as sticky food inflation in the UK and volume recovery supports top line growth.”...
...“William is crazy,” joked one employee. “His fans are too.”...
Move comes after chief executive’s record pay package was voided by a Delaware judge
...The grocery and retail delivery sector, which Uber has sought to push further into, accounted for a fifth of annual growth in the delivery segment, the company said....
...“The biggest part of [the impairment charge] is from the US,” said William Woods, analyst at Bernstein. “The business there continues to be pretty weak.”...
3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions
...Walmart’s massive grocery business generated nearly 57 per cent of total US revenues last year....
...As HL Mencken, Upton Sinclair or William Jennings Bryan was said to have roughly quipped, it is difficult to get someone to understand something when their salary depends on their obliviousness....
ByteDance’s social media company to invest $1.5bn for controlling stake in GoTo unit
...The ByteDance-owned company has agreed to invest $1.5bn in Tokopedia, the ecommerce unit of Indonesia’s GoTo, in return for a controlling stake of 75.01 per cent, writes the Financial Times’ William Langley...
...Huen currently has a sold-out show at Matt Carey-Williams in London (until May 25)....
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