Dentsu is stepping up its restructuring efforts across its global operations, targeting a roughly 30% reduction in Global Headquarters costs by FY2028 as the advertising group seeks to restore profitability, simplify its operating model and build a stronger foundation for growth.
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Mozambican President Daniel Chapo visits equipment manufacturer SANY Group in Changsha, Central China’s Hunan Province, during his trip to China. Photo: X account of President Daniel Chapo
The move forms part of a broader strategy to create new opportunities for Indonesian agricultural, food and processed goods in emerging markets
PalmPay, one of Africa’s fastest-growing digital payments companies, is considering a listing in Hong Kong after reaching a valuation of more than $1 billion, positioning the company to become one of the continent’s few fintech unicorns to test public markets following the slowdown in global startup funding.