Ocado sees demand surge: Covid-19 bolsters company’s business transformation
Ocado sold half of its UK retail business to Marks & Spencer, in 2019. The deal means M&S will be able to offer an online…
Disney+ and Netflix see demand surge but will have challenges to overcome
As many countries around the world enforced home lockdown measures amid the COVID-19 pandemic, streaming services have seen subscriber numbers surge and viewing times lengthened….
Pinduoduo shows worrisome governance issues
Pinduoduo, third-largest marketplace in China has grown exponentially in the last five years from nothing to handling more business than eBay. Whilst sales and revenue…
Boohoo.com: Sales surge as coronavirus lockdowns forces more shoppers online
The Boohoo group – which also owns brands including PrettyLittleThing and Nasty Gal; has continued to see its profit and sales surge during the coronavirus…
Amazon in talks to purchase Zoox: Logistical self-sufficiency would be main goal of acquisition
Amazon is by far the leading ecommerce company globally and the third largest company in the world behind Apple and Microsoft. The company has established…
Johnson & Johnson to end talc-based baby powder sales in North America
In May 2020, in response to declining demand, Johnson & Johnson (J&J) announced it would discontinue the sale of talc-based baby powder in the United…
Charlotte Tilbury sale imminent: Big companies keen to tap into brand’s millennial following
Charlotte Tilbury Beauty Ltd. (Charlotte Tilbury) is something of a rarity in the beauty market at present. Despite make-up experiencing somewhat of a downturn recently,…
Big Tech in Video Gaming: The COVID-19 pandemic increases demand for home entertainment systems
Big Tech companies, including digital advertising duopoly Google and Facebook, have accelerated their push into the global video gaming market as they look to capitalize…
Pexip AS Seeks IPO: Norwegian company increasingly rivalling Zoom
As the COVID-19 pandemic grips the world, many businesses are buckling under the strain. However, video conferencing company Pexip AS is looking to raise $200m…
TSMC profit growth in Q1 2020: Maintaining annual growth could be more challenging for semiconductor firm
During a period of time when most corporations are struggling to get by, TSMC, the world’s largest contract chip manufacturer, has managed to almost double…