On its path to global domination, Amazon not only further approaches the acquisition of Dubai e-commerce giant Souq, but also picks up a valuable cloud deal along the way. Australian brewer Broo becomes the only international label in the distribution network of Chinese beer producer Jinxing, and Amsterdam-based global player Spar plans the opening of hundreds of stores in Thailand. Find out about those expansion stories and more. Enjoy the read!
Asia & Australia
Splitting Samsung At the end of a disastrous year 2016, shareholders of the embattled South Korean electronics giant are calling for the company to split in two, creating one holding and one operating company.
Suffering and strengthening Australian grocer Metcash is suffering tumbling profits as competition, especially by the expansion of discounter Aldi, intensifies. Victoria-based brewer Broo entered a deal with Chinese beer producer Jinxing, which will give the Australian brewer exposure to the lucrative Chinese beer market.