The new kid on the block takes the gloves off and attacks its competitors with a dynamic pricing strategy. According to first data, Jet.com's prices were mostly meeting or beating prices on similar items from Amazon and Walmart. Find out about this story, new cooperations, some successful acquisitions as well as a hindered one and more.
Asia & Australia
Edeka receives setback As the latest development in the supermarket's battle to buy Kaiser's Tengelmann, the German Monopolies Commission followed the Competition Authority's decision earlier this year and advised against the acquisition.
usa & canada
Liquidation - or not? Following yesterday's news, South-African Platinum Group has denied reports that there were liquidation proceedings against it.
Quality mark stickers delayed The Kenya Bureau of Standards (KEBS) has extended the deadline for the acquisition of the new quality mark, which all importers of goods will be required to purchase directly from KEBS.
Salesforce.com launches in East Africa The American cloud computing solutions provider is using Kenya as an entry into the East African market, where it is targeting regional governments, financial, manufacturing and the entertainment sectors.