Category: Economy

A Chinese Empire Reborn As Presidential Term Limits Removed

⇩March 11, 2018 ➭ 2 MIN READ⇩
China’s legislative body, the National People’s Congress, has voted overwhelmingly to remove presidential term limits from its constitution, giving President Xi Jinping “the right to remain in office indefinitely.” The vote was widely regarded as a rubber-stamping exercise. Two delegates voted against the change and three abstained, out of 2,964 votes. READ MORE ➤➤

Amazon Vs. Walmart: Clash Of The Titans

⇩Feb. 27, 2018 ➭ 3 MIN READ⇩
It is no secret that Amazon has been dominating the online retail sales in the US. Walmart is looking to make a bigger splash in e-commerce market in 2018. Immediately after Amazon acquired Whole Foods in 2017, Walmart announced to acquire online men’s fashion retailer Bonobos for $310 million. Walmart even changed its official name from ‘Wal-Mart Stores’ to ‘Walmart’, reflecting its increase emphasis on e-commerce. READ MORE ➤➤

Google’s Roadmap to World Domination

⇩Jan. 4, 2018 ➭ 3 MIN READ⇩
Google closed 2017 as the second most valuable company in the world. In 2013, Google acquired Waze for more than $1.1 billion. In 2010, Google acquired online photo editing app Piknik only to kill it a year later. Over years, Google has bought many other small competitors and then let them die, which is why Google is undoubted king of the… READ MORE ➤➤