December 09, 2021
LSE Professor: Big Tech Requires New Thinking, Global Cooperation
In the 20th century, local distribution was the epitome of monopoly power when it came to essential services. The telephone company, the power company and the water company all dominated...
December 08, 2021
China Drafting Big Tech Blacklist to Curb Foreign Investments
As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported...
December 07, 2021
Colgate-Palmolive Goes Direct to Consumer to Boost Sales in Asia
Smile, Southeast Asia. Health and beauty stalwart Colgate-Palmolive is linking up with Singapore-based eCommerce giant Shopee to help the beauty brand grow its sales in the region by a factor...
December 06, 2021
Today in Retail: Kohl’s Urged to Spin-Off eCommerce Business; Retailers...
In today’s top retail news, Rakuten and Afterpay are partnering on a new rewards program for customers of both companies, while department store chain Kohl’s is being urged to follow...
December 06, 2021
Alibaba Reorganizes its Global, Domestic eCommerce Business
A trifecta of changes — new competition, a sluggish economy and continued regulatory pressures — has China’s Alibaba revamping its eCommerce businesses and appointing a new chief financial officer (CFO)....
December 03, 2021
You Don’t Have to Dig Very Deep Into DiDi’s Delisting...
There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we...
December 03, 2021
Berkshire Hathaway’s Munger Agrees with China’s Crypto Ban
Billionaire investor and Berkshire Hathaway vice chairman Charlie Munger on Friday (Dec. 3) said at the Sohn Hearts & Minds Investment Conference in Sydney that China “made the correct decision”...
December 02, 2021
Goods Sourcing Platform Meru Raises $15M
Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. Get the Full Story Complete the form to unlock this...
December 02, 2021
Tencent’s WeChat Pay Envisions Future Where Payment Options are the...
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday...