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Walmart, JD.com invest USD500 mn in Chinese logistics

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09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]

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Apple launches USD300 mn clean energy fund in China

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13-Jul-18 Apple has launched a new clean energy fund in China, aimed at providing enough energy to power almost one million homes. The tech giant and 10 partners will jointly invest USD300 mn to connect suppliers with renewable energy sources. [image: Apple Newsroom]

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'Modicare' boom led Malaysia's IHH to buy Fortis

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13-Jul-18 Malaysia's IHH Healthcare held firm through months of jostling for control of loss-making Fortis Healthcare, clinging to hopes to access the Indian company's pool of medical professionals and the country's under-served private health care sector. [image: Reuters]

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