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China's Tencent to buy 5 pc stake in Yonghui Stores

Indiaretailing Bureau -
Tencent Holdings has agreed to purchase a stake in one of China’s largest supermarket chains, Yonghui Superstores. Shanghai-listed Yonghui announced on Monday evening that Tencent would buy a 5 per cent stake at an unspecified price. encent will also take...
Retail

Latest funding round to help Flipkart transform commerce in India: Binny Bansal

Indiaretailing Bureau -
Flipkart co-founder Binny Bansal has said while the latest funding round provides the fuel the company needs to reach its goal of transforming commerce in India through technology, it should continue to grow its business with careful considerations to...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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