 Bloomberg News.jpg)
Insights
11-May-18 Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least USD10 bn, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors. [image: Bloomberg News]
Read More
 SCMP.jpg)
Insights
09-May-18 WeDoctor Holdings, an online healthcare services provider backed by Tencent Holdings, has completed a USD500 mn private share sale, in the second major equity financing deal in China’s nascent digital health sector in three weeks. [image: SCMP]
Read More
 Lengow_IMRG.jpg)
Insights
07-May-18 E-commerce is set to account for 14.6% of global retail sales by 2020. China will lead the way and around the world shoppers who shop from international retailers benefit from better prices and greater access to products. [image: Lengow / IMRG]
Read More
 iStock_Asia Times.jpg)
Insights
03-May-18 The People’s Bank of China has received an application from international payment firm WorldFirst, for permission to conduct third-party payment business in China. The application marks a first for foreign-funded third-party payment institutions in China. [image: iStock / Asia Times]
Read More
 Fresh Fruit Portal.jpg)
Insights
02-May-18 In the fruit trade it pays to understand e-commerce platforms, so much so that Frutacloud CEO George Liu believes ‘e-retail’ is a better term for the phenomenon which is sweeping its way towards 20% penetration in the fresh produce market. [image: Fresh Fruit Portal]
Read More
