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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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MyTheresa eCommerce Fashion Brand Plans To Go Public

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MyTheresa , the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets. 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.

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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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Ant Financial Looking To Resurrect Stalled IPO

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China’s Ant Financial is in discussions with banks to resurrect plans for an initial public offering (IPO) that was shelved over a year ago, the Financial Times reported on Thursday (Jan. In the quarter ending last September, Ant added $309 million to Alibaba’s bottom line, and the eCommerce giant traded its 37.5

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Manifesting Retail’s Week Of Revolution

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We’ve seen Walmart throw down the gauntlet on eCommerce, going public with its plans to hire Amazon-like numbers for its fulfillment centers. But they have evolved enough to send consumers happily to eCommerce sites. In this moment, the pandemic has allowed us to accelerate where and how we will invest.