Youth unemployment up, gov't coming up with a plan
Speaking at the launch of the Budget 2020 consultation session in Putrajaya today, Lim said employment among youths in 2018 was currently 10.9 percent, up from 9.9 percent in 2011.
Online shopping won’t grow forever, says Unibail boss creating malls giant
Unibail's planned acquisition of Westfield will create a stronger competitor for the world's biggest commercial property owner Simon Property Group, one with 104 centres and more than 1.2 billion visitors a year. — Bloomberg
Amazon Sets Up Shop in the Heart of the Publishing Industry
Jeff Bezos, the chief executive of Amazon, has often struck a defiant tone when asked about the company’s dominance of the book industry.
Xiaomi will reportedly launch a third sub-brand to focus on offline markets in an effort to better compete against Oppo and Vivo.
Even just few years ago, Xiaomi seemed poised to become Samsung’s second biggest threat after Apple: after all, its online-only flash-sales saw a tremendous success, helping the Chinese electronics company sell tens of thousands of devices within minutes, if not seconds. It’s not an exaggeration to say that Xiaomi’s online sales model became the standard formula for new Android OEMs especially in emerging markets, including its home turf, China. Well, it was the standard formula for a while.
Amazon vs. Alibaba: Who’s Ahead with O2O
Across all retail sectors, the question, “will e-commerce replace bricks and mortar?” has morphed into one of how both online and offline retailers will adopt O2O technology to stay competitive.
Online vs Offline Commerce
The world’s largest online shopping platform operator will bring its big data and technology to bear on China’s biggest and oldest supermarket chainAlibaba Group Holdings Ltd., whose e-commerce sites have upended brick-and-mortar retailing, is bringing the power of its big data and technology to shake up one of China’s oldest and largest retail chains for the digital age.