International Expansion
Colts face Falcons in historic NFL Berlin game
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The Indianapolis Colts will host the Atlanta Falcons in the NFL's first-ever game in Berlin on Sunday, marking a milestone in the league's international expansion. Cornerback Sauce Gardner is set to make his debut for the Colts after being traded from the New York Jets earlier in the week. The 7-2 Colts enter as 6.5-point favorites against the 3-5 Falcons.
Jollibee has announced plans to spin off its international operations for a potential listing on a US stock exchange by 2027. This move aims to unlock higher valuation by adopting an asset-light model similar to McDonald’s. The international segment already shows strong growth, contributing roughly 40% of EBITDA from overseas.
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Chinese beauty brands are encountering a slow slog in expanding their retail presence outside China. CLSA analyst Chris Gao notes that for established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages.