Korea’s largest online retailer, Gmarket, has partnered with Japan’s Rakuten to facilitate cross-border e-commerce between the two countries; Coca-Cola has failed to convince the European Union to trademark the design of its new bottle; in the US, Target outpaces Amazon in online sales. Have a great day, and don’t forget to share.
Carrefour Indonesia expands Singapore GIC fund has agreed to invest US$ 387 million in PT Trans Retail, which operates stores under the Carrefour and Transmart brands. Despite an economy slowdown, the country remains a hotspot for foreign investors.
Consumers want naturalness and clear information
An independent consumer study shows: consumers wish for natural food and drink with easy to understand ingredient information, especially when it comes to colour.
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Sharp goes to Foxconn Troubled Japanese consumer electronics maker Sharp agreed to a takeover by Taiwan's Foxconn, in what would be the largest acquisition by a foreign company in Japan's technology sector. The deal is said to be worth US$ 6.2 billion.
UPS supports startup California-based Deliv, a same-day delivery startup, is getting a funding boost from, surprisingly, United Parcel Service. The world’s largest transportation carrier is thought to be watching a market it doesn’t yet compete in.