German retailer REWE steels for Amazon move into food

By Matthias Inverardi and Nikola Rotscheroth COLOGNE, Germany (Reuters) – Germany’s second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. “We know that we will still not work profitably for several years, but it is not blowing money,” REWE Chief Executive Alain Caparros told Reuters in an interview.

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Liberty Global’s Unitymedia eyes expansion in B2B, mobile

By Julia Fioretti BRUSSELS (Reuters) – Liberty Global’s German unit has set its sights on business-to-business (B2B) broadband and mobile as part of its strategy to keep expanding in Europe’s biggest cable market, ramping up the pressure on established telecom players.

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