TELECOMS, MEDIA & MARKETING

If the flotation goes ahead, the IPO is expected after the holidays, most likely during November.

Minister of Communications Shlomo Karhi has approved the transfer of the controlling shares of Hot Mobile from Altice to a consortium led by Delek Israel, Keystone Infra and Leumi Partners.

The company sees the possible move as part of its expansion strategy, and not as a solution to any immediate need for cash.

The company reported a 7.5% decline in second quarter revenue to NIS 3.4 billion, which it partly attributed to the timing of the Passover holiday.

In June, Chinese platforms AliExpress, Temu and Shein accounted for about 75% of Israelis’ online orders, while Amazon only had a 6% market share.

Castro will hold 51% of the subsidiary that will operate Anta Israel, Renuar will hold 39%, and Israel Chen will hold 10% and be appointed CEO.

The Histadrut, that's who. A can of tuna begs to differ.

Kedma Capital has sold Multi Retail, which holds the Ace, Betili, and Auto Depot chains, to Ronen Ganon at a 60% premium on the market price.

The company returned to profit in the second quarter, but said full-year results would be at the lower end of its guidance.

The telecommunications group’s core revenue totaled NIS 2.03 billion for the second quarter, 4% more than in the corresponding quarter of 2025.

According to figures obtained by “Globes,” Samsung is still more dominant, but has weakened slightly in the past year.

The Competition Authority indicated to Melisron that its purchase of 51% of the shopping mall from Migdal would probably not be approved.

Insight Partners operating partner Gary Survis tells the Globes MAD Conference that AI has revolutionized marketing but will not necessarily lead to mass layoffs.

In the High Court of Justice, Judge Ofer Grosskopf issued a temporary injunction, saying "weighty claims" had been made concerning both the legislative procedure and the law's content.

The law promoted by Minister of Communications Shlomo Karhi revamps regulation of broadcasting and gives the minister greater powers. Several petitions were immediately filed against it.

The tech giant is back at the top of the “Globes” rankings, after clawing back the advantage from AI chatbox ChatGPT, with its own AI assistant Gemini.

The acquisition price is NIS 265 million, subject to adjustment in the final agreement, if one is signed

Deals with the haredi parties to pass bills on the attorney general and the media in the Knesset's last week leave important economic legislation by the wayside.

Chairperson Zvika Schwimmer: We have reached all the goals that we set for ourselves.

Israel Bidur’s Instagram page has 1.7 million followers, and the group has about 1.1 million followers on TikTok.

The Supreme Court's statement follows the government's declaration that it will not comply with a ruling on the Council of the Second Authority for Television and Radio.

Castro will invest an estimated NIS 30 million in setting up wholesale distribution, brand stores, and online marketing.

Industry sources say that the retail chain regards its new Mobility division as a strategic arm for long-term business development.

Migdal is buying out the Gindi family from the Kenyon Hazahav mall at a valuation of just NIS 2 billion. Moshe Gindi: It's a good deal for both sides.

Brothers Moshe and Yigal Gindi built the successful mall in Rishon LeZion in the 1990s.

The other investors in the raise by the Herzliya-based ad measurement company are Google, Meta, and Unity.

Victory Supermarket Chain revealed that NIS 99 million of its first quarter sales were to the Gaza Strip. The sales were under an official arrangement in force since September 2025.

The Israeli satellite company will pay $157.5 million for Comtech’s division, six years after Comtech’s deal to buy Gilat for $577 million collapsed.

Oran Holtzman's online cosmetics company was riding very high indeed until it hit a snag with its main advertising partner.

The initial success of the Osher Ad supermarket chain with Kia has prompted other retailers to try to follow suit.

After an employee notified customers that the company was about to close down, an official announcement stated: We’re in positive discussions with potential acquirers.