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Chatime braces for closures | Meta's ad revenue surge | Zimmermann's big acquisition opportunity

Chatime braces for closures | Meta's ad revenue surge | Zimmermann's big acquisition opportunity

Published 2 years, 10 months ago
Description

Zimmermann, Sydney-based fashion label, has received an acquisition offer that values the company at $1.75 billion dollars.

Meta, formerly known as Facebook, is slowly but surely gaining back investor trust after a major surge in ad revenue in its second quarter earnings.

Chatime, the Bubbletea franchise, is bracing for the closure of some of their Australian outlets after struggling with some loss-making stores.

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