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GLOBAL investment firm KKR & Co. Inc. recently announced it has committed to invest $45 million (roughly P2.31 billion at current exchange rates) in GrowSari Inc., a local B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines to lead its Series C funding round. Ashish Shastry,…
Robinsons Retail Aims to Boost Online Sales Up to Threefold Ian Sayson, Bloomberg News A pedestrian walks in front of the Robinsons Retail Holdings Inc., head offices in Manila, the Philippines, on Friday, June 21, 2019. Robinsons Retail is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains like Fast Retailing Co.âs Uniqlo. Photographer: Veejay Villafranca/Bloomberg , Bloomberg (Bloomberg) -- Robinsons Retail Holdings Inc. plans to increase its e-commerce business to between 2% and 3% of...