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ZALANDO ACQUISITION
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystemInMobi, a Softbank-backed firm, has acquired MobileAction. This move strengthens InMobi's presence in Apple's iOS advertising space. Mobile...- German ecommerce giant Zalando snaps up local rivalZalando, a German online fashion retailer, is set to acquire its rival About You for €1.1 billion. This merger aims to create a stronger Eu...
- Bricks over clicks as shops come back into fashion in EuropeEuropean retailers are revitalizing physical stores to bolster both online and offline sales amid growing competition from e-commerce giant...
- European shares notch broad-based gains; defence stocks lagEuropean shares increased on Monday, supported by retail and basic resources stocks. The STOXX 600 index reached a three-week high. Meanwhi...
- European shares scale new record highs on upbeat earningsThe retail index gained 3.0% and led sectoral gains, helped by a 16.9% surge in Zalando, after the online fashion retailer reported a fourt...
- Inside Rocket Internet’s Ailing Startup FactoryMangrove Chief Executive Officer Mark Tluszcz regrets getting involved with Rocket and says Nestpick’s survival is far from assured.
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