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