In CHINA CLAMPDOWN NEWS, Beijing is to break up Alipay, Tencent and Alibaba are to open up and Soho China falls through the floor. In CONSUMER & RETAIL NEWS, energy prices and global house prices rise while Primark and Shein make money. In M&A NEWS, Intuit agrees to buy Mailchimp, Live Nation ponders a Latin American acquisition and Kape buys ExpressVPN. In MISCELLANEOUS NEWS, Democrats propose a corporate tax rate hike and S4 Capital keeps momentum going. AND FINALLY, I bring you Cup Noodle in fizzy drink form...yup, that was my reaction as well 😱
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