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Insights
11-Feb-18 Estimates say that China's Tencent, owner of WeChat, has invested RMB20 bn (USD3.2 bn) in medical startups since 2014, when the Internet giant made its first medical startup investment in medical portal DXY for USD70 mn. [image: TechNode]
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07-Feb-18 Alibaba has secured a USD200 mn stake in leading Indian online grocery group BigBasket, while its payments affiliate Ant Financial agreed to invest the same sum into Indian food-ordering app Zomato. [image: Morgan Stanley Research / FT]
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06-Feb-18 Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in India's Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around USD900 mn. [image: ET Healthworld]
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Insights
06-Feb-18 Malaysia's IHH is said to be competing with Singapore sovereign fund Temasek Holdings to acquire a controlling interest in India's Global Health for an estimated value of around INR5,800 crore (USD904 mn). [image: The Malay Mail Online]
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31-Jan-18 Singapore Medical Group and South Korea’s CHA Healthcare have together bought a majority stake in Australia’s fourth-largest fertility clinic operator, City Fertility Centre. Falling fertility rates across the region are spurring growth in the in-vitro fertilisation industry. [image: Reuters]
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