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Companies 2 months ago
IKEA to close stores in China amid strategy shift
The stores earmarked for closure include one in suburban Shanghai, another in Guangzhou, and several more in second-tier Chinese cities such as Nantong, Xuzhou and Harbin, IKEA said in the statement posted to its official WeChat account.
Regulations 1 year ago
PREMIUM
Foreign firms call for better intellectual property protection
Indonesia’s relative lack of intellectual property (IP) protections has made investing in the country less appealing, foreign businesses have said, as they urge the government to improve IP regulation and enforcement.
Companies 1 year ago
IKEA Foundation backs emerging market EV push with $100 million grant
The Drive Electric Campaign, whose charitable investors also include the European Climate Foundation, said the IKEA Foundation's latest funding donation would be used to help support lobbying efforts and campaign for the EV transition in Africa, Latin America and Southeast Asia under an initiative to be called the "Leapfrogging Partnership".
