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Commission grants payment start-up All Win license

The Financial Supervisory Commission yesterday granted an operating license to All Win Co (全盈支付金融科技), an electronic payment start-up owned by Taiwan FamilyMart Co (全家便利商店), E.Sun Commercial Bank (玉山銀行) and PChome Online Inc (網路家庭).
The start-up must commence operations within six months of obtaining the license, Banking Bureau Chief Secretary Phil Tong (童政彰) told a news conference.
All Win is 67 percent-owned by FamilyMart, with E.Sun Bank owning 18 percent and Pi Mobile Technology Inc (拍付國際), an affiliate of PChome Online, holding a 15 percent stake, the commission said.
FamilyMart president Hsueh Dong-du (薛東都) is to serve as chairman of All Win, and E.Sun ....

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RT-Mart sale to PX Mart could worry Carrefour: analyst

A deal for Taiwanese supermarket chain operator PX Mart Co Ltd (全聯實業) to acquire RT-Mart International Ltd (大潤發) could pose significant challenges for Carrefour Taiwan (家樂福), as the acquisition would help PX Mart extend its reach to the hypermarket business, according to a research economist.
“The acquisition deal is expected to boost competition in Taiwan’s hypermarket sector,” Commerce Development Research Institute deputy director-general Li Shyh-jane (李世珍) said. “It is possible that Carrefour might get nervous.”
On Friday night, PX Mart surprised the local retail industry by announcing the deal, which is expected to be completed in the middle of next year.
In a ....

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Asda will extend its one-hour Express Delivery service to 96 stores

Asda will extend its one-hour Express Delivery service to 96 stores ....

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KeHE Distributors plans to open new distribution center in Arizona

KeHE Distributors plans to open new distribution center in Arizona ....

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Pxmart offered Carrefour, RT-Mart stores: chairman

PX Mart Co Ltd (全聯實業) chairman Lin Ming-hsiung (林敏雄) on Wednesday said that both RT-Mart International Ltd (大潤發) and Carrefour Taiwan (家樂福) had approached him with sales offers.
Lin told local media on the sidelines of a public event that both companies had asked about the supermarket chain operator’s interest in buying them out. He declined to comment further as the topic is sensitive, local media reported.
Lin made the remarks at the inauguration of the Gallery of Taiwan Traditional Art (巧藝館) at the National Center for Traditional Arts’ (國立傳統藝術中心) Yilan campus. The gallery is sponsored by Pxmart’s Sunmake Cultural Foundation ....

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