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EXCLUSIVE-Indian Skincare Startup Mamaearth Eyes $3 Bln Valuation...
21-07-2022, 20:29 | Автор: ConradBhz95 | Категория: Документальный
The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade agreement including China, Japan and Australia entered into force at the start of 2022, just over a year after it was signed.

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The EU struck an accord struck with the Mercosur bloc of Argentina, Brazil, Paraguay and Uruguay in 2019, but put it on hold due to concerns about Amazon deforestation. A new agreement with Mexico, from 2018, has yet to be submitted for EU approval.





Indeed, a survey published this week finds that almost half of us have at some time or other tried to impress our friends — or at least avoid shaming ourselves in their presence — by pretending to have read a Classic Book we've never so much as opened.

In a letter to EU Trade Commissioner Valdis Dombrovskis seen by Reuters, 15 economy, foreign and trade ministers said the Ukraine war and the COVID-19 pandemic underscored the need for resilient supply chains, strategic partnerships and open trade.

BRUSSELS, June 20 (Reuters) - Fifteen European Union governments called on Monday for the bloc to accelerate the conclusion of free trade agreements to ensure its long-term economic growth and geopolitical standing in the world.

One equity research analyst, however, said the success of Mamaearth's IPO could hinge on how it plans to rapidly expand into offline sales.
Most Indians still go to retail outlets to shop, with e-commerce accounting for just 5-6% of spending. The number of online shoppers for beauty products is also projected to rise to 135 million from 25 million during that period, it added.

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Three delivery service partners said at 2pm ET that an Amazon app used to communicate with delivery drivers and track packages is down. This left vans that were supposed to deliver parcels sitting idle with no communication from the company, according to Bloomberg.

CEO Alagh told the Business Standard newspaper in January that 70% of Mamaearth's sales come from online platforms, but it was targetting a bigger offline presence and aiming to reach 40,000 retail outlets in 100 cities this year.

But smart home control is what makes the Echo Dot so great. With help from Alexa, you can control compatible appliances and devices with a simple voice command, including robot vacuum cleaners, home security, lights and heating.

MUMBAI, June 21 (Reuters) - Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.



With the brand endorsed by popular Bollywood celebrities, the duo has cashed in on growing e-commerce adoption in India by offering its products on platforms such as Amazon and Walmart's Flipkart. Mamaearth was co-founded by Varun Alagh, a former Hindustan Unilever executive, and his wife Ghazal.

'For example, we say 'Alexa, time for bed' and it turns our downstairs lights off and turns our bedroom lights on! It's also very easy to set alarms which wake us up to our favourite radio station every day.'



Amazon sellers also reported they were unable to log into Seller Central, an internal website used to manage customer orders, according to The outage came during the company's critical holiday shopping season and could potentially create lasting log-jams at a time when there is already a critical crunch on the supply chain.

DownDetector , Classic Book a site that monitors online outages, shows North America, parts of Europe and Asia were all experiencing issues Amazon went down across the globe, frustrating thousands of users who are trying to purchase Christmas gifts.
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