Sunday, November 24, 2024

Editors’ Picks

Tuesday, July 30 Tue, Jul 30

Putin-approved merger of the largest outdoor ad operator with Russia’s equivalent of Amazon meets unexpected opposition from the Chechen leader (The Bell)

Is Kadyrov powerful enough to unpick a deal that was personally approved by Putin? Why the world should care: Wildberries has a unique place in the Russian economy. In 2023, goods worth 2.5 trillion rubles ($29 billion) were sold on the platform — more than 5% of all Russian retail trade. […]

en.thebell.io
Tue, Jul 30 at 6:24 PM

Monday, July 29 Mon, Jul 29

Japan’s mobile carrier NTT Docomo to enter Vietnam outdoor digital advertising as steppingstone for rest of Southeast Asia (Nikkei Asia)

HANOI -- Japanese mobile operator NTT Docomo said Monday it will enter the outdoor advertising market in Vietnam through a local joint venture, with an eye toward using the country as a foothold for expansion throughout Southeast Asia. The joint venture, called Vie BOARD, is scheduled to be established in August. […]

asia.nikkei.com
Mon, Jul 29 at 5:47 PM

Pro-Kremlin Rapper Joins Chechen Leader in Opposing Putin-Approved Merger of Wildberries with the Outdoor Advertising Firm Russ Group (The Moscow Times)

Wildberries and Russ Group announced a merger last month to create a joint digital trading platform called RWB, which the Kremlin said received the personal approval of President Vladimir Putin. Reports surrounding the deal described it as part of Russia’s wartime redistribution of corporate assets to Kremlin-linked business figures. […]

themoscowtimes.com
Mon, Jul 29 at 5:14 PM

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