By Nisha Gopalan
A.S. Watson’s focus remains on physical stores in a market where online shopping has grown much more rapidly than in the rest of the world.
It’s part of a larger shift in the industry as drugmakers scramble to consolidate, seeking to bulk up to survive the increasing pressure from stricter regulations on drug prices and looming patent expirations.
Here are Momentum Works’ 10 predictions for 2019 ranging from ride-hailing and payments to e-commerce and venture capital.
In most Western companies, the chairmanship is a functional position on a board of directors. At Huawei, it’s an honorific title that recognizes seniority and service.
The government says the changes will promote fair trade and curb foreign companies’ influence in setting domestic prices. This means that platforms offered by e-commerce giants such as Amazon and Walmart’s Flipkart may be prohibited from offering their own goods at heavy discounts.
Investments in tech startups are set to surpass $200B this year, the largest since dot-com bubble
Ofo’s plight is a warning for China’s tech investors, who have plowed tens of billions of dollars into bike sharing, ride hailing and food delivery.
The Singapore-based ride-hailing company had just landed $1 billion in funding from Toyota Motor Corp, and the deal looked a little like vendor financing.
The basic problem is that too much capital is chasing after too few startups, something even China’s State Council is starting to realize.
An unrivalled all-stock offer is what it took Hindustan Unilever Ltd to stave off several suitors for GlaxoSmithKline Consumer Healthcare Ltd.