Remove tag business confidence
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10 Tuesday AM Reads

Barry Ritholtz

New York Times ) • The Biggest Delivery Business in the U.S. Wall Street Journal ) see also Elon Musk Can’t Help Himself : He wants to own a social network where he can spout antisemitism—even if that means owning a bad business. His new book is The Confidence Map: Charting a Path from Chaos to Clarity.

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Amazon Effect Eyes Grocery Aisles In Germany?

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14) that German retailer Metro AG is looking to offload its Real hypermarkets via sale, and the firm, said Reuters , “remains confident” of a transaction. Metro has said it wants to train its sights on its wholesale business. Amazon, of course, is no stranger to the food business, having bought Whole Foods in 2017.

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Dial-Up Amazon Turns 25 This Month

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That’s not bothering the market much, as the Amazon juggernaut — or “flywheel” of continual revenue growth, as Bezos envisioned it — rolls forward backed by market confidence. Subscription service Amazon Prime launched in early 2005 with a $79 annual price tag. Amazon’s story stopped being about books and DVDs a long time ago.

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A Whole New Retail Virtual Reality

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Research published in The Harvard Business Review in September 2016 predicted that this ability to “reshape retail” would power as much as $30 billion in AR and VR investments from retailers by the end of the decade. So they want consumers to be as confident as possible upon purchase that they will like the products.

Retail 41
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Walmart, JD.com Invest $500M Into Dada-JD Daojia

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According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.

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One Out Of Five U.K. Firms Hit By Hackers Last Year

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About 20 percent of British businesses were attacked by cybercriminals over the last year, according to a report from the British Chamber of Commerce. Most of those businesses, the report goes on, do not even have basic security measures to protect consumer data — only 24 percent of U.K.

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Klarna Snaps Up BillPay

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The exact price tag on the deal has not been confirmed by any of the three principle firms in involved, though early reports indicate the price clocked at £60 million ($75 million). How big the business is exactly is unknown, though it has certainly grown notably in the last several years. Klarna was last valued at $2.25