Daily LInks
1. Fashion e-tailer About You eyes 4 billion euro valuation in Frankfurt listing: The Hamburg startup will sell new shares worth 600 million euros via a private placement as part of the offering, and invest the proceeds in international expansion and in its business-to-business technology platform. – Read More on Reuters
2. Facing regulatory threats, Amazon ups its Q1 lobbying spending to all-time high: Seattle-based Amazon spent $5.1 million on lobbying in the first quarter, up 70% from $3.0 million in 2017, an all-time high as the company prepares for new potential regulations related to antitrust and other concerns. – Read More on S&P Global
3. What Business Leaders Need to Know About China Now: In China, when you go in to either trade with China or to invest in China, because as you say, it’s a huge prize, this giant market. You have to accept that the Chinese government will have not just an initial role, but an ongoing role as co-investor, as owner of IP, as a regulator, and they take that role very seriously. – Read More on HBR
4. Amazon scrapped arbitration, but that may not help consumers: Consumer advocates are cheering Amazon’s quiet decision to stop mandating arbitration for most customer disputes. The online retail giant, like other vendors, has heretofore included in its terms of service a ban on lawsuits. – Read More on Bloomberg
5. More than 1,300 department stores closed last year — here’s how malls are scrambling to survive: To evolve with consumer demands, some malls, even pre-pandemic, started transforming from places that provided goods to places that provided experiences. The pandemic only made this shift more urgent. – Read More on Grow
