September 11, 2023
Amgen/Horizon: Entrenchment is the New Conglomerate Effects Theory
By Elyssa Wenzel1 I. INTRODUCTION What’s in a name? According to the US antitrust agencies, a conglomerate merger by any other name (be it “range effects,” “portfolio effects,” “ecosystem effects,”...
September 11, 2023
Flutterwave Launches Digital FX Solution for Nigerians
African payments technology company Flutterwave has launched a digital solution aimed at addressing the challenges faced by Nigerians in accessing foreign currencies. Developed in partnership with Wema Bank and Kadavra BDC, and backed by the Central...
September 10, 2023
Instacart IPO Target Could Be Under $10 Billion
Instacart is reportedly aiming for an initial public offering target far below its past valuation. The grocery delivery company’s initial public offering (IPO) could come by next week, with the firm...
September 10, 2023
Alibaba Cloud CEO Daniel Zhang Steps Down
China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that the departure of Daniel Zhang...
September 08, 2023
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for consumer stocks. The company had...
September 08, 2023
Nike, Macy’s and Pinterest Embrace Shopping’s Not-So-Secret Ingredient
From fashion to advertising and beyond, companies increasingly recognize the importance of representing a diverse range of body types, skin tones and backgrounds in their marketing and products. This shift...
September 08, 2023
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips...
Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try and disrupt everything from lending...
September 07, 2023
Instacart Boosts in-Store Offerings in Leadup to Planned IPO
In an effort to place itself at the center of grocers’ omnichannel businesses, Instacart is boosting its in-store capabilities in advance of its planned initial public offering (IPO). Announced in...
September 07, 2023
You Are What You Eat: Nurturing Data Markets to Sustain...
Generative AI (GenAI) has enormous potential but raises thorny issues. To get to grips with these issues, it’s important to focus on the underlying drivers of the problems and the...