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Berlin Jucker’s Metro deal stalls

Berlin Jucker’s Metro deal stalls

Mei Ling Tan January 12, 2015
An attempt by Berli Jucker Plc (BJC) to buy Metro Group’s cash-and-carry unit in Vietnam was aborted on Thursday after its shareholders voted unanimously to reject the EUR655-million (USD775.7 million) deal.
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Apple’s strategic ‘luxury move’

Apple’s strategic ‘luxury move’

Mei Ling Tan January 9, 2015
According to social analytics company NetBase’s most recent Brand Passion Report, Apple ranks second among top luxury brands in the world, behind only Louis Vuitton and ahead of brands such…
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Site set to be ‘Alibaba’ for food sector

Site set to be ‘Alibaba’ for food sector

Mei Ling Tan January 9, 2015
Chinese popular chain restaurants, including Shanghai Min, Waipojia and Ajisen China, will upgrade their unified e-commerce platform this year to help cut cost and improve food safety standards. Lees ook:…
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Urban Ladder to hire 1,400 more this year

Urban Ladder to hire 1,400 more this year

Mei Ling Tan January 9, 2015
Online furniture vendor Urban Ladder will add 1,400 employees to its workforce this year to beef up its rapid expansion plan. The Bengaluru-based company’s current headcount is 600 across seven…
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Tablet sales slow down

Tablet sales slow down

Mei Ling Tan January 9, 2015
Demand for tablets will continue to be slow in 2015, with sales reaching 233 million units for the year, or only an 8 percent increase from 2014, research firm Gartner…
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TCC opens megamarket in Nong Khai

TCC opens megamarket in Nong Khai

Mei Ling Tan January 8, 2015
TCC Logistics and Warehouse, a subsidiary of TCC Group, has opened the MM Mega Market in Nong Khai province to cash in on growing consumption spurred by increasing border trade…
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Tesco may seal Lotus’ fate Thurs

Tesco may seal Lotus’ fate Thurs

Mei Ling Tan January 8, 2015
New Tesco boss Dave Lewis is expected to focus on cost cuts and asset sales — including the possible sale of its Tesco-Lotus venture in Thailand – when he provides…
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