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Weekly Insights Jun 26, 2015

Executive Summary

  • Li & Fung was on the move this week, demonstrating stock-checking robots and announcing an agreement to supply private-label goods to two Chinese department store chains.
  • Wearable tech maker Fitbit completed its initial public offering, raising $732 million.
  • eBay has sold its 24.8% stake in Craigslist and put eBay enterprise up for sale, as it readies to spin out PayPal.
  • Once Ahold and Delhaize announcing complete their merger, the combination could offer some major competition to Walmart.

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