Rivals call for BT break-up in review of UK telecoms sector
A man talks on his mobile telephone as he walks past a BT logo in London, February 5, 2015.
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Snapdeal drums up custom in Slumdog’s Dharavi
Employees of Snapdeal, an Indian online retailer, sort out delivery packages inside their company fulfilment centre in Mumbai October 22, 2014. Kunal Bahl, co-founder of Indian online marketplace Snapdeal, has come a long way from his days as a business school student selling detergent in U.S. Supermarkets. After final negotiations over a sushi breakfast earlier this month, Snapdeal on Tuesday unveiled a $627 million investment from Japan’s SoftBank, one of the high-profile early backers — and now major shareholder — in China’s Alibaba. Picture taken October 22, 2014.
German retailer REWE steels for Amazon move into food
COLOGNE, Germany (Reuters) – Germany’s second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service.
Alibaba ploughs $200 million into Snapchat in latest startup deal: source
The logo of Alibaba Group is seen inside the company’s headquarters in Hangzhou, Zhejiang province early November 11, 2014. Alibaba Group Holding Ltd said about $2 billion worth of goods were sold on the e-commerce giant’s websites within the first hour and 12 seconds of its annual shopping festival.
China’s SAIC Motor, Alibaba to invest $160 million in Internet-connected cars
A woman walks past the gate of SAIC Motor Corporation Limited in Shanghai January 26, 2013.
France’s low-cost telco Iliad aims to raise operating profit by 10 percent
The logo of French low-cost telecoms provider Iliad is pictured during the company 2013 annual results presentation in Paris March 10, 2014.