David Jones nearing the end? | Big M, Farmers Union set to become Chinese | Google's Other Bets has changed its tune
What the Flux · Flux
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Show Notes
The same Chinese company that bought baby milk company Bellamy's last year is set to buy the owner of Farmers Union Iced Coffee and Big M.
Google parent company Alphabet is closing down its energy kite startup as the company's risk-seeking division, Other Bets, lost $4.8b.
David Jones is closing stores because profits have halved following weak sales and lower foot traffic.
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