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1. Sam­sung dou­bles down in In­dia

Sam­sung Elec­tron­ics opened its big­gest mo­bile store in the world in In­dia this week as it tries to take pole po­si­tion in the world’s sec­ond-big­gest smart­phone mar­ket amid fierce com­pe­ti­tion from Chi­nese brands.

The tech gi­ant’s 3,000m² store in Ben­galuru will help it ex­tend its lead in In­dia over global ri­val Ap­ple, which has yet to open any flag­ship stores in the coun­try.

2. Krispy Kreme on the go

Krispy Kreme dough­nuts will soon be avail­able at 23 petrol sta­tions and su­per­mar­kets in Gaut­eng and Kwazulu-natal. The US chain, which opened in SA in 2015 through a fran­chise agree­ment with Fournews, said “off-premise” sales com­prise as much as 40% of its busi­ness in the UK and Aus­tralia — where the model is op­er­a­tional.

3. Adobe to buy Mar­keto

Adobe Sys­tems will buy soft­ware com­pany Mar­keto for $4.75bn from Vista Eq­uity Part­ners Man­age­ment, adding heft to its cloud-based dig­i­tal mar­ket­ing busi­ness. The Pho­to­shop maker is sharp­en­ing its fo­cus on the fast-grow­ing cloud busi­ness, a com­pet­i­tive mar­ket dom­i­nated by Mi­crosoft, Or­a­cle and Sales­force.

4. Alibaba ends jobs prom­ise

Alibaba chair­man Jack Ma said the com­pany can no longer meet its prom­ise to cre­ate 1-mil­lion jobs in the US due to Us-china trade tensions. Ma met US Pres­i­dent Don­ald Trump two years ago and laid out the ecom­merce gi­ant’s plan to bring 1mil­lion small US busi­nesses onto its plat­form to sell to Chi­nese con­sumers over the next five years.

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