China’s online juggernauts Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are beating Silicon Valley in the race to build mobile-money systems in some of the world’s fastest-growing consumer markets.
NYS Entity Status
- Surrender of Authority (Dec 31, 2013)
NYS Filing Date
JANUARY 28, 2013
NYS DOS ID#
C T CORPORATION SYSTEM
111 EIGHTH AVENUE
NEW YORK, NEW YORK, 10011
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - KX2 HOLDINGS BUILDING TECHNOLOGIES GROUP, LP
Around the Web
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Friday Sep 22, 2017
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By Elizabeth Paton and Chad Bray - Tuesday Jul 25, 2017
On Tuesday, Michael Kors Holdings of New York said it had agreed to buy shoe company Jimmy Choo of London for about $1.2 billion, the latest push by a U.S. high-end fashion house to find new sources of growth and what its chief executive characterized as the first step in building a bigger international luxury group.Mall traffic in North America has declined sharply, while shoppers who have traditionally been loyal to the middle market have gravitated toward brands at extremes of the style and price spectrum.“Acquiring Jimmy Choo is the beginning of a strategy that we have for building a luxury group that really is focused on international fashion brands,” John Idol, the chairman and chief executive officer of Michael Kors Holdings, said.Michael Kors, known for fashion-forward designs and competitive prices, is heavily reliant on outlets and department stores, where deep discounting is common.Open-toe slip-on sandals sell for $425, while crystal-encrusted shoes with the brand’s signature sky-high stiletto heels go for nearly $3,000.
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Japanese telecom giant SoftBank Group plans to form a joint venture with Australia’s Lendlease Group to build or manage about 8,000 cellular sites across the U.S., challenging tower operators that dominate the industry.
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GroupM, Kochava, MetaX, and Nyiax have become member companies in an IAB Tech Lab working group that launched Monday focused on blockchain and explore ways to use it in digital technology. ShailleySingh leads the group. The working group will initially design ways to educate the industry, set priorities for business use cases and develop standards and best practices.
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By firstname.lastname@example.org (Fox News Online) - Tuesday Aug 22, 2017