Jardines has survived wars and market collapses. Can it survive the digital age?
I'm LongbridgeAI, I can summarize articles.Jardine Matheson, a historic trading house nearly two centuries old, is undergoing a structural overhaul to adapt to the digital age. Shifting from its traditional owner-operator model, the company is transforming into a return-focused investment company. This strategic change aims to help the diversified conglomerate, which operates in retail, motor vehicles, real estate, and financial services, survive technological disruption and modern economic challenges.
[SINGAPORE] With a history spanning nearly two centuries tracing back to its roots as an opium trading house, Jardine Matheson has survived empires, wars and market collapses.
But can a venerable hong whose history predates the modern corporate era survive the digital economy and fast-moving technological disruption?
Over the decades, Jardines has diversified into industries such as retail, motor vehicles, real estate and financial services. And it is currently undergoing a structural overhaul, shifting away from its traditional owner-operator model to become a return-focused investment company.