Sainsbury’s launches online offer in China
Sainsbury’s has started selling a number of own-brand products in China through a partnership with e-commerce player Alibaba.
The supermarket is offering long-life British milk from a Devonshire dairy on Alibaba’s Tmall website, as well as a baby range and the components of British afternoon tea, including speciality teas, coffees and biscuits.
A Sainsbury’s spokeswoman said: "‘We are trialling a small number of ambient products for sale on the Alibaba platform, including So Organic and Taste the Difference lines, for sale through the Chinese online market."
It is understood Sainsbury’s is not planning to open any physical stores in the country.
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Yahoo marketing chief departs
Kathy Savitt, who was one of Yahoo CEO Marissa Meyer’s first hires in 2012, is leaving her role to become president of digital at STX, a Los Angeles start-up aiming to create a film, television and digital content studio.
Savitt headed both marketing and media at Yahoo, helping to recruit star journalists including TV anchor Katie Couric and tech columnist David Pogue, and led an effort to generate more online videos and online magazines.
However, her efforts failed to win over advertisers, with display advertising revenues down in four of the company’s past five quarters.
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Three and O2 deal faces regulatory headwinds
The planned £10.25bn acquisition of O2 by Three parent company Hutchison Whampoa could face a tougher regulatory process after the EU’s competition watchdog hardened its position against a similar merger in Denmark.
Hutchison submitted the bid for approval by Brussels on Friday, as it emerged that the European Commission had blocked the merger of Danish mobile networks Telenor and TeliaSonera, which would have reduced the number of telecoms groups from four to three.
The combination of O2 and Three would form the UK’s biggest player, ahead of EE and Vodafone, but Hutchison is expected to argue the UK is a very different case to Denmark.
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