Business
ASX slips 0.5% from post-COVID peak; All sectors lower – The Sydney Morning Herald
The ASX200 retreated from Monday’s post-COVID high of 7065.6 with a 0.5 per cent drop. Tech and health sectors were the hardest hit.
Supermarket giant Woolworths has increased its shareholding in retail data analytics firm Quantium to a majority stake, with the startup to become part of the broader Woolworths Group.
The $53 billion retailer told investors today it had spent $223 million to increase its shareholding in Quantium from 47 per cent to 75 per cent, with the two businesses to form a new analytics-focused unit within Woolworths called Q Retail.
Woolworths says its partnership with Quantium gives it an advantage.Credit:Peter…
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