Business Archives • Page 10 of 10 • Journal

How E-Commerce Is Transforming Rural China

While Amazon and many of their US based competitors are seeking growth by diversifying beyond retail (movies, music, television), for their counterparts in China there is a huge amount of growth still to be had simply by spreading outside major urban centres. This piece looks at the impact on local communities, by examining the experience of Xia Canjun, a regional manager for JD.com covering the rural community he grew up in, and the CEO’s strategy back at HQ in Beijing.

Bloomberg Businessweek Business

Hot Mess

The story of how Goldman Sachs took on Libya as a client, and subsequently allegedly lost $1.2bn of their money.

Business Der Spiegel

How a Pillar of German Banking Lost Its Way

A piece navigating the troubled waters of Deutsche Bank.

Business Esquire

How Wetherspoon’s Conquered Britain

This is the sort of business profile usually reserved for tech unicorns. It turns out that this billion pound company, built by selling a vast volume of cheap pints (and coffees, and curries, and breakfasts), shares many similarities with Silicon Valley disruptors. It starts with a maverick founder and a relentless culture of innovation and competition, leads to the criticism that inevitably comes with scale, and ends up with the mixing of business and politics.

Bloomberg Businessweek Business

The Fall of Travis Kalanick Was a Lot Weirder and Darker Than You Thought

A behind the scenes account of Travis Kalanick’s defenestration from his role as Uber’s CEO. The piece provides insights into the delicate power balance between executives and their company boards. Recent events do though help to put Kalanick’s ‘fall’ in context – an investment in Uber by Japanese firm Softbank has recently been agreed, netting him an estimated $1.4bn.