Target is buying a San Francisco company as one of the moves it announced Monday to shore up two key areas: groceries and delivery.The retailer is buying delivery logistics company Grand Junction for an undisclosed price to help with same-day delivery to in-store shoppers.Grand Junction software connects retailers with about 700 companies that pick up items from stores or distribution centers and take them to customers.Target and Walmart have adjusted their shipping programs as they try to lure online shoppers away from Amazon.Music service Pandora has named Roger Lynch, the head of Dish’s streaming video service, as its CEO as it wrestles with competition from Spotify and other newer music apps.The Oakland company said Monday that Lynch, who starts Sept. 18, is the right leader because he has worked with media companies on new distribution models.The Finland firm is planning an initial public offering as early as next month that could value the maker of the “Angry Birds” mobile games and movie at about $2 billion, said people familiar with the matter.The company could raise about $400 million from a local market listing, the people said, asking not to be identified as the details aren’t public.A listing would test investors’ appetite for entertainment software, a group whose shares have declined an average of 18 percent from their offer prices following IPOs this year.King Digital Entertainment, the creator of “Candy Crush,” was acquired for a 20 percent discount to its IPO price in 2015 amid revenue declines.[...] Netmarble Games Corp., the maker of the “Lineage” and “Stone Age” mobile games — and South Korea’s biggest listing in seven years — has declined 17 percent since its shares started trading in May.
NYS Entity Status
NYS Filing Date
SEPTEMBER 23, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - GENIE SHOPPER LLC
AROUND THE WEB
- Business News Roundup, Aug. 15
By Chronicle News Services - Monday Aug 14, 2017
- Women of Sex Tech, Unite
By ANNA NORTH - Friday Aug 18, 2017
New York is becoming a cultural center for young women trying to disrupt the male-dominated industries of design engineering and sex toys.
- The Top 10 Moments of New York Fashion Week
By THE NEW YORK TIMES - Friday Sep 15, 2017
Highlights from the shows, including a celebrity-packed front row at Calvin Klein and a trek to Bedford Hills, N.Y., to see Ralph Lauren’s vintage cars.
- Trump’s Tough Talk on North Korea Puts Japan’s Leader in Delicate Spot
By JONATHAN SOBLE - Friday Aug 11, 2017
North Korea’s accelerating military advances — and President Trump’s volatile response — could complicate Japan’s close alliance with the United States.
- Anker’s Genie Is Just Like the Echo Dot, Only Cheaper
By David Pierce - Wednesday Aug 9, 2017
The Chinese company is launching a $35 version of the Echo Dot smart speaker, powered by Amazon's Alexa.
- Business News Roundup, July 14
By Chronicle News Services - Thursday Jul 13, 2017
Online shoppers looking to score bargains during the Nordstrom anniversary sale instead faced glitches.The Seattle department store chain apologized, tweeting that it was working to resolve the issue.Frustrated shoppers took to social media to vent, with one saying it was “unbelievable” that Nordstrom wasn’t ready to handle the traffic on such a big shopping day.Uber is ceding control of the Russian market by agreeing to merge its ride-hailing business in the country with Yandex, the Russian search-engine leader that also runs a popular taxi-booking app.For Uber, the deal marks the exit from another big market after it sold its operations in China last year to local rival Didi Chuxing.The CEO of Yandex Taxi, Tigran Khudaverdyan, will become the chief executive of the combined company.Long-term U.S. mortgage rates rose this week for the second straight week.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate mortgages increased to an average 4.03 percent from 3.96 percent last week.The rate on 15-year, fixed-rate home loans, popular with homeowners who are refinancing their mortgages, rose to 3.29 percent last week from 3.22 percent.Fewer Americans applied for jobless aid last week, as the number of people seeking benefits has stayed near historic lows pointing to a robust job market.The number of people collecting unemployment benefits has fallen 8.8 percent over the past 12 months to 1.9 million.The job market appears solid as the U.S. enters its ninth year of recovery from the Great Recession.Consistent hiring has helped sustain the gradual recovery, although the expansion is starting to show its age as the pace of job gains has slowed this year.An investment group led by a former Chicago alderman and a coalition of labor unions are the new owners of the Chicago Sun-Times, officials announced Thursday.“We are investing in a journalistic voice that’s genuine, accurate and consistently reporting news that matters to the people of Chicago,” said former Alderman Edwin Eisendrath, who will serve as CEO of the Chicago Sun-Times, said in an email.Eisendrath, who left the City Council when President Bill Clinton appointed him to a Department of Housing and Urban Development post, submitted a bid last month after Sun-Times owner Wrapports LLC announced it would enter into discussions with Tronc Inc., which owns the rival Chicago Tribune.