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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Missfresh bags $305mln in investment
Maxima Latvija SIA names Tomas Rupšys as new CEO
Maxima Grupė has announced the appointment of Tomas Rupšys as the new chief executive officer of Maxima Latvija SIA. He has also joined the management board of Maxima Grupė UAB, the company added. CEO and chairman of the board of Maxima Grupė, Mantas Kuncaitis, said: “I am happy to welcome Tomas Rupšys to Maxima group of companies. He has broad experience in retail across multiple European markets”.
Indonesia s Matahari supermarket chains join Tokopedia, seeking better online sale
Publicly listed retail firm PT Matahari Putra Prima (MPPA) is adding its supermarket chains to e-commerce platform Tokopedia in an effort to boost online sales and make up for a pandemic-induced drop in in-store shopping. MPPA launched Tokopedia virtual stores for its 23 supermarket chains, including Foodmart, Hyfresh, Hypermart and Primo. MPPA corporate secretary and public relations director Danny Kojongian
Instacart: First New Year, New Cart 2021 Grocery Trends Report
Canada: Dollarama’s Q3 profit rises, employees to receive pay bonus
Dollarama Inc. said it would pay a bonus to its employees for their work during the pandemic as it raised its dividend and reported its third-quarter profit rose compared with a year ago. The discount chain had come under fire earlier this year from employees and their supporters, who demanded that Dollarama enact greater health precautions in its warehouses and extend the pay raise it offered to employees at the start of the pandemic. Sales totalled $1.06bln, up from $947.6mln in the same quarter last year, as shoppers reduced the frequency of store visits, but bought more when they did visit the stores.