$Sea (SE.US)$ $DANONE SPONS ADR (DANOY.US)$
Deborah Chong, Global Head of eCommerce, Danone, said, “We have witnessed an incredible growth for our online business, including a 105% increase in growth across Southeast Asia during the Shopee 12.12 Birthday Sale last year. With more consumers turning to e-commerce platforms like Shopee to seek convenient and reliable product options, we believe this collaboration will further scale ou...

From diapers to yogurt, global companies are struggling with rising costs and supply chain difficulties
$Procter & Gamble (PG.US)$ $DANONE SPONS ADR (DANOY.US)$ $LM Ericsson Telephone (ERIC.US)$ Procter & Gamble (P&G) and Danone (P&G), and mobile phone manufacturer Ericsson (Ericsson) reported results that show increased costs and supply chain disruptions, indicating that global companies are facing greater pressure on profits and shoppers are facing higher prices. Many companies rely on price increases to offset the increase in raw material prices and transportation costs for basic necessities such as diapers and bottled water. Business executives and analysts said that price increases will continue until next year
Article excerpted from Reuters Financial Morning Post