Today in the connected economy, travel-related retailers Autogrill and Durfy join forces to launch a $13 billion airport and rest stop juggernaut. Also, Indian B2B AgriTech fruit marketplace Vegrow plans to expand after raising $25 million, and British youth banking service GoHenry acquires the French firm...
In a deal touted to unleash a “flurry of innovation” the world’s largest operator of travel-related retail stores is combining with the top airport and rest stop food and beverage company to create a $13 billion colossus with 5,500 locations in 75 countries. In announcing...
Alibaba Group Holding Co. continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 percent stake in the Swiss duty-free retailer Dufry, Bloomberg reported on Monday (Oct. 5). Dufry is looking...
October 05, 2020
Alibaba Group Holding Co. continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 percent stake in the Swiss duty-free retailer Dufry, Bloomberg reported on Monday (Oct. 5). Dufry is looking to reel in up to $763 million from investors, including […]