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From Spotify to Minecraft, Sweden Proves Fertile Ground for Unicorns
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From Spotify to Minecraft, Sweden proves fertile ground for unicorns
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SoftBank’s $120 million Norway deal taps value of high-cost labor Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Softbank is aggressively investing in Nordic countries that pay average workers well. | BLOOMBERG
Bloomberg Apr 20, 2021
After spending $120 million (¥13 billion) on a stake in an online grocer in Norway, SoftBank Group Corp. has been laying out the business logic of targeting a market that boasts Europe’s highest hourly labor costs.
The deal is an example of how countries that pay average workers really well often come up with some of the smartest technology, according to Paul Davison, director at SoftBank Investment Advisers.
SoftBank’s $120 Million Norway Deal Has a High-Pay Theme to It
Bloomberg 4 hrs ago Frances Schwartzkopff © Bloomberg A customer picks a bunch of sustainably sourced bananas inside an Asda store, trialing new sustainability initiatives, in Middleton, U.K., on Thursday, Oct. 29, 2020. Walmart Inc. is pulling out of the cutthroat U.K. grocery market after 21 years, agreeing to sell control of grocer Asda to TDR Capital and two brothers who made their wealth in gas stations.
(Bloomberg) After spending $120 million on a stake in an online grocer in Norway, SoftBank Group Corp. is laying out the business logic of targeting a market that boasts Europe’s highest hourly labor costs.
SoftBank’s $120 Million Norway Deal Has High-Pay Theme to It
Bloomberg 4 hrs ago Frances Schwartzkopff © Bloomberg A customer picks a bunch of sustainably sourced bananas inside an Asda store, trialing new sustainability initiatives, in Middleton, U.K., on Thursday, Oct. 29, 2020. Walmart Inc. is pulling out of the cutthroat U.K. grocery market after 21 years, agreeing to sell control of grocer Asda to TDR Capital and two brothers who made their wealth in gas stations.
(Bloomberg) After spending $120 million on a stake in an online grocer in Norway, SoftBank Group Corp. is laying out the business logic of targeting a market that boasts Europe’s highest hourly labor costs.
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