Lululemon takes on Nike for women | $2.7B: Rio Tinto wants Mongolian mine | NFT merger creates $5.5B behemoth
Episode description
Lululemon is going to take on Nike by making its own shoes, and will be designing footwear specifically for women.
Rio Tinto has offered to buy out Turquoise Hill Resources for US$2.7 billion in order to gain more control of its giant copper mine in Mongolia.
Yuga Labs, the NFT company behind the Bored Apes Yacht Club has acquired the rights to the CryptoPunks - meaning Yuga now controls NFTs with around US$5.5 billion in market cap.
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