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Showing 76 – 85 of 85

LuLu Group Reveals Plans To Enter China Within A Year

Tuesday, Jul 3, 2018

UAE-based LuLu Group plans to enter China while continuing expansion in the Gulf with an AED2 billion investment. This will be Lulu’s third East Asian market after Indonesia and Malaysia.

ASOS Appoints New Chairman

Tuesday, Jul 3, 2018

Brian McBride will step down as Chairman of Asos in November after six years in the role. He will be succeeded by former ITV Chief Executive Adam Crozier, who will be appointed as Chairman and Non-Executive Director. He has served as a director ...more

Burger King Acquires Megafood, Its Largest Franchisee In Spain

Tuesday, Jul 3, 2018

Burger King Spain has gained scale with the acquisition of Megafood, the largest franchisee in the market. The acquisition is valued at around EUR100 million and makes the Restaurant Brands-owned business the largest QSR operator in Spain. It ...more

Alibaba-Backed Chinese Online Parenting Platform Babytree Files for IPO

Monday, Jul 2, 2018

China’s online parenting services platform Babytree, which announced a strategic investment from Alibaba last month, has filed for an initial public offering (IPO) in Hong Kong.


Ceconomy Sees Telecoms Provider Freenet Become a Key Investor

Monday, Jul 2, 2018

German independent telecoms company Freenet is to acquire 9% of Ceconomy via a rights issue. This will help the consumer electronics retailer to strengthen its balance sheet after a recent Russian deal.

Giant Eagle Debuts Self-Scanning System for Faster Checkout

Monday, Jul 2, 2018

US regional grocer Giant Eagle has launched Scan Pay & Go, a new service that enables customers to use smartphones or a store-provided device to scan groceries as they shop. The programme allows shoppers to keep track of exactly how much they’re ...more

Tesco, Carrefour Enter Long-Term Global Purchasing Partnership

Monday, Jul 2, 2018

Tesco and Carrefour have entered a three-year strategic alliance, a move they claim will lead to greater choice and lower prices.


Auchan, Casino, Metro Join Forces for Next-Generation Buying Alliance

Monday, Jul 2, 2018

Auchan, Casino Group and Metro Group have announcd a new buying partnership, called Horizon.

Alibaba Bringing Facial Recognition Payments to Android Phones in China

Monday, Jul 2, 2018

Consumers will complete mobile payment using upgraded facial recognition technologies on China-branded Android phones as early as next month, a number of companies have announced.


Pinduoduo Files for Billion-Dollar US IPO

Monday, Jul 2, 2018

Chinese social media-based e-commerce firm Pinduoduo has filed for a USD1-billion initial public offering in the United States, joining the IPO rush of a number of Chinese unicorns such as Xiaomi and on-demand local services firm Meituan ...more

Showing 76 – 85 of 85