Remove category mergers-acquisitions
Remove Advertising Remove ATS Remove Planning Remove Promotions
article thumbnail

Why Asian e-commerce giant GoTo is cutting costs despite top-line growth

Inside Retail

For GoTo, the company formed in May 2021 by a merger between Tokopedia and Gojek, 2022 is shaping up to be the year that it has made serious strides toward profitability. Part of the spending was aimed at poaching the best talent from other companies. The retrenchments meant GoTo joined Singapore-based Sea Ltd., per cent in 2021.

article thumbnail

‘The door is open’: Why Larry Kestelman is going all in on retail

Inside Retail

We spoke with LK Group’s Larry Kestelman about his recent acquisition of Brand Collective and what kinds of retail brands he’s looking to acquire next. IR: So when it comes to future acquisitions, are you more interested in brands and business with portfolios of brands, rather than a multi-brand retail business?

Wholesale 246
article thumbnail

Jason & Scot Show Episode 301 Annual Predictions 2023, Year-End Recap, NRF Big Show

Retail Geek

2023 Predictions Jason : At least 2 retail bankruptcies (besides Party City) BNPL Consolidation (Klarna, Affirm, Afterpay. Sezzle) – at least one merges/exits US or BNPL. Um there’s a lot of automation at this show so you know there’s the usual. Pick to light systems and gloves like a lot of.