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Boxed CEO's choice: Save supermarkets or help Amazon kill them

Published Sun, Jan 28, 2018 · 09:50 PM

Seattle

WHEN Kroger Co offered to buy Boxed Wholesale, founder Chieh Huang didn't waste much time: Mr Huang said he'd consider the offer and hopped on a plane to Seattle.

There Mr Huang huddled with Amazon.com Inc's corporate development and consumer executives on Wednesday to discuss a potential sale, according to two people familiar with the matter.

Boxed's chief executive officer, who has long insisted he wants to remain independent and eventual…

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Companies & Markets

Boxed CEO's choice: Save supermarkets or help Amazon kill them

Consumer & Healthcare

Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

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