The family behind Nordstrom, one of the nation’s oldest and most storied department stores, has made a $3.8 billion offer to take the company private, according to a regulatory filing on Wednesday.
German online takeaway food company Delivery Hero reported stronger than expected growth it its second-quarter gross merchandise value on Thursday and confirmed its full-year outlook on the back of higher order volumes.
Russian consumer electronics retailer M.Video-Eldorado said on Monday that its gross merchandise value (GMV), a measure of transaction volumes, rose 13% in the first half of 2024 from a year earlier to 247 billion roubles ($2.7 billion).
India’s top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it will lower costs by using its own batteries.
Microsoft is consolidating its retail channels in mainland China, the firm said in response to media reports that it is closing its network of authorised physical retailers in the world’s second-largest economy.
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