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IHH continually exploring opportunities to expand in India

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21-May-18 IHH considers India as its home market and plans to expand in a big way. Ajay Bakshi, head of IHH's Parkway Pantai India operations said his group is continually exploring value-accretive opportunities to grow its presence in the country. [image: Money Control]

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Alibaba buys Pakistani online retailer Daraz

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11-May-18 Alibaba has bought Pakistani e-commerce firm Daraz, as it looks to increase its presence in South Asia. Daraz, founded in 2012, is backed by tech incubator Rocket Internet and operates in Bangladesh, Myanmar, Sri Lanka, Nepal and Pakistan. [image: Shutterstock / Retail In Asia]

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Gulf Capital acquires fintech firm Saudi Geidea

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07-May-18 Gulf Capital has acquired a strategic stake in fintech firm Saudi Geidea to boost its presence in the payment and digital financial transactions sector in the GCC. The total value of the transaction is AED978 mn (USD266 mn). [image: Geidea]

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Fintech startup MC Payment to acquire iFashion Group

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02-May-18 MC Payment will acquire Singapore e-tailer iFashion Group, valuing the company at USD19 mn. The lifestyle e-commerce platform has been growing via acquisitions, snapping up other fashion and e-commerce labels in Southeast Asia. [image: MC Payment]

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