Tesco versus Bill Gates
UK Supermarket giant Tesco plans to challenge Bill Gates in the packaged software business.Major Tesco stores in the UK will soon sell Tesco Software which has been developed by Cambridge-based Formjet PLC. Interestingly, Formjet has also announced a partnership with a Malaysian company, Celframe Information Technologies to market its products in the Asian Region under the Celframe brand. I would laugh my head off if it was any other company, but Tesco has been powering on with recently declared profits of £1.15 billion, and showing strong growth in non-food sales, which increased by 12.6% to £3.5bn.
Maybe our UMNO-led government was right in being worried about the ever expanding presence of hypermarkets in our country. One can imagine what damage they would do to their rent-seeking support base.
Technorati: Microsoft, Tesco, software, supermarket
posted by hew @ 9:02 pm
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