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EXCLUSIVE-Indian skincare startup Mamaearth eyes $3 bln valuation...

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작성자 Kyle (176.♡.116.241) 연락처 댓글 0건 조회 19회 작성일 22-07-31 03:08

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MUMBAI, June 21 (Reuters) - Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.

SAO PAULO - The boat used by killed British journalist Dom Phillips and Brazilian indigenous expert Bruno Pereira to travel to Brazil's Amazon was found on Sunday evening, authorities said in a statement.

With the brand endorsed by popular Bollywood celebrities, the duo has cashed in on growing e-commerce adoption in India by offering its products on platforms such as Amazon and Walmart's Flipkart. Mamaearth was co-founded by Varun Alagh, a former Hindustan Unilever executive, and his wife Ghazal.

SANTIAGO - None of Chile's four former living presidents will attend July's ceremonial handover of the proposed new constitution to President Gabriel Boric, ahead of a referendum in September which will determine its implementation.

Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that Chief Executive Jose Mauro Coelho had resigned on Monday morning and an interim CEO would now be appointed for the board's consideration.

The summer when air travel was supposed to return to normal after a two-year pandemic vacuum is in danger of becoming the summer when the high-volume, low-cost air travel model broke down - at least in Europe's sprawling integrated market.

Amazon said it wants one national privacy law rather than a "patchwork" of state regulations.
Asked for details of any federal privacy legislation it has supported, Amazon did not name a specific bill. The company did provide three examples of what it described as statements of public support by its executives for federal consumer-privacy legislation.

SAO PAULO - The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.

Analysts say the labour squeeze may raise costs beyond the summer, but it is too early to tell whether the industry must step back from the pre-pandemic model of ever-rising volumes and cost-cutting, which generated new routes and kept fares low.

One equity research analyst, however, said the success of Mamaearth's IPO could hinge on how it plans to rapidly expand into offline sales.
Most Indians still go to retail outlets to shop, with e-commerce accounting for just 5-6% of spending. The number of online shoppers for beauty products is also projected to rise to 135 million from 25 million during that period, it added.

CEO Alagh told the Business Standard newspaper in January that 70% of Mamaearth's sales come from online platforms, but it was targetting a bigger offline presence and aiming to reach 40,000 retail outlets in 100 cities this year.

"It's more comfortable packing a hair dryer or a computer in a box than heaving a 50-pound suitcase crawling into the fuselage of an airplane", said Thomas Richter, chief of the German ground-handling employers' association ABL.



The 2018 public-policy update said of the proposal: "We strongly prefer no regulation, but if regulation becomes inevitable, we will seek amendment language to narrow any new requirements to the greatest extent possible." The 2018 Amazon document reviewing executive goals discussed plans to oppose the measure, noting concern about its "right to know" provisions for consumers.

Djeffal offers a taste of what airports and airlines across Europe are up against as they race to hire thousands to cope with resurgent demand, dubbed "revenge travel" as people seek to make up for vacations lost during the pandemic.

A third penned: 'These wedge sandals are a great fit and so soft.
I like the tan colour, they are stylish but still very comfortable. I've just ordered a black pair as I love them so much.' The medium-sized heel is great for me as I do a lot of walking, so these will be perfect for spring and summer. Delivery was quick, and they were packaged well.



A former U.S.
Federal Trade Commission attorney who joined Amazon in 2012, Huseman was an exacting manager. He wanted to know the whereabouts of all of his employees and Book Store regularly made them justify their above-market paychecks, three former staffers said. Former employees said Carney focused on high-level strategy and delegated supervision of day-to-day lobbying to Huseman. He was known for obsessing over the smallest grammatical and formatting details of six-pagers and for expecting quick responses to late-night work messages.

Easy to pull on and off, the bras are made from a super stretchy polyamide and elastane blend and Book Store are available in black, nude and white and in sizes small (30A cup equivalent) through to 4XL (44E cup).

Hot nights disrupting your sleep? 'I truly feel like a new woman': Shoppers reveal how vitamin... 'Lovely summer trainers!': You can snap up a pair of these... Thousands of shoppers rate this 'loose, comfortable summer... This £27 cooling blanket...

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