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☑️Market Expansion: Through acquisitions like this, companies can quickly enter new markets or expand their footprint in existing ones 📈For The New Shop, acquiring 24Seven means gaining access to 150+ locations across major cities, instantly broadening their reach! https://t.co/mWxAi4RkXE
☑️Economies of Scale: M&A can lead to cost efficiencies 🤝By merging operations, companies can reduce overheads, streamline supply chains, and negotiate better deals with suppliers 🎯For The New Shop, integrating 24Seven's network could mean reduced costs and improved margins https://t.co/LC1Bd6HrVn
☑️Reducing Competition: Acquiring competitors is a common strategy to eliminate competition and consolidate market share 🔧By taking over 24Seven, The New Shop reduces its competition in the convenience store market, potentially becoming a more dominant player https://t.co/n86OAwc9cY
☑️Access to Talent & Technology: Sometimes, it's not just about the physical assets but also the talent and tech behind a company 🚀Acquiring 24Seven could provide The New Shop with experienced staff, advanced retail tech, or valuable supply chain networks https://t.co/1kKRSJWrr6
🤔What's Next? M&A is a powerful tool, but it comes with challenges—integration issues, cultural clashes, and regulatory hurdles The New Shop's move to acquire 24Seven is ambitious, but will it pay off? 🕵️♂️Only time will tell! Stay tuned for more insights on how this unfolds… https://t.co/dPL1CtQ0Lu
Mr. Ajay Garg (Director & CEO), SMC Group met Mr. Puneet Gupt, COO & acting CEO, Times Internet, and he had a highly productive interaction today around the possible collaborations and business opportunities leveraging each others’ expertise. They were joined by Mr. Vineet Goyal (Head, Digital Initiatives & Branding), SMC Group (extreme right), Nitin Chowdhary, Business Head, Times Mobile (extreme left), Sameer Yogi - Head Operations & Strategic Initiatives - Times Mobile (2nd from left) and Mr. Sanjay Sondhi, AVP, Brand Capital, BCCL (3rd from left) #SMCGlobal #TimesInternet #TimesMobile #BrandCapital #Collaboration #BusinessGrowth #SMCGlobal #TimesInternet #TimesMobile #BrandCapital #Collaboration #BusinessGrowth
2024’s ticking away—just 4 months to go! Stop overthinking, start investing. We’ve got your back! Visit https://t.co/EXC3Bfw1YS#SMC #SMCGlobal #MoneywiseBeWise #FreeDemateAccount #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia https://t.co/5tQUkLXibl #SMC #SMCGlobal #MoneywiseBeWise #FreeDemateAccount #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia