Techtronic Industries Co. Ltd. (0669.HK) is the world’s third largest producer of power tools and electrical home appliances behind Black & Decker and Bosch. Techtronic Industries (TTI) started in the 80’s as a contract manufacturer of batteries and battery-powered equipment for some of the cheapest trademarks of major US retail chains (Sears, Roebuck) but acquired over the years additional rights on various well-renowned brands such as AEG, Hoover, Ryobi, Dirt Devil. TTI’s well-known Milwaukee brand grew 24.4% globally. Continue reading “Techtronic Industries – Solid Like a Rock”
Tag: Hong Kong Listing
Tencent – Ahead of the O2O Game
Tencent Holding Limited (700.HK) is China’s largest internet company with a portfolio including some of China’s most successful internet services such as instant-messaging services QQ and WeChat, each with more than 600m active users. Tencent is on its way to close a deal to invest 1bn USD in the Meituan-Dianping, a joint venture backed from two startups in the area of group-buying services (similar to Groupon) and restaurant-review (similar to Yelp). Continue reading “Tencent – Ahead of the O2O Game”