Remove eCommerce Remove Investments Remove Restructuring
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JCPenney Explores Debt Restructuring Options With Advisers

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To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. Even so, one of the unnamed sources put out the caveat that the plans for restructuring are at an early stage.

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Tencent Buys Stake In Chinese eCommerce Co Youzan

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Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. billion shares to five subscribers, including Tencent’s Poyang Lake Investment, at $0.53 This is the latest investment for Tencent, which revealed aggressive investment plans earlier this year. percent stake in Youzan.

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Deutsche To Invest Billions In Automation, Analytics

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German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters. It aims to see better profits by restructuring and raising prices to raise its 2019 forecast, despite potential global trade difficulties ahead.

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Five At Five: PayPal’s New Investment Push

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PayPal Leads Investment In PPRO. Through this investment, PayPal said PPRO plans to accelerate the expansion of its payments platform and the international presence of its alternative payments-acquiring business. Bloomberg reported that Apple is restructuring its team of sales people in India. and around the world.

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MyTheresa eCommerce Fashion Brand Plans To Go Public

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Neiman Marcus has faced a lawsuit in the New York State Supreme Court over a debt restructuring that creditors said caused a decline in the value of MyTheresa. Some of those carve-outs have proved contentious with creditors for their parent brands.

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Five at Five: Ride Hailing Service Grab Set For New $1B Investment

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Stories include Southeast Asia ride-hailing service Grab on the verge of a huge investment, Huawei knocking off Apple in smartphones, Royal Bank of Scotland getting a reprieve, Shopify shares falling amid a slowdown and solid private sector jobs growth in July. Shopify Shares Fall Amid Slowing Growth During Second Quarter.

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Ant Financial Looking To Resurrect Stalled IPO

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It has since morphed into a platform offering a full suite of services — mobile payments, savings accounts, personal investing, lending, and credit scoring. . In the quarter ending last September, Ant added $309 million to Alibaba’s bottom line, and the eCommerce giant traded its 37.5