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Warehouse operator GLP launches USD2 bn China logistics fund

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11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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E-commerce enhances Chinese business ties with Africa

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05-Sep-18 African households are quickly becoming a major market for Chinese e-commerce merchants looking to sell everything from mobile phone to toothbrushes, with market projections estimating a USD29 bn value by 2022 as mobile phones are gaining popularity. [image: Niu Jing / China Daily]

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Bezos, Buffett bet on a USD250 bn Internet market in India

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30-Aug-18 Walmart wraps a USD16 bn agreement on India's leading e-commerce player, Flipkart, while Amazon negotiates deals with a supermarket chain and a prominent retail conglomerate. Meanwhile Berkshire Hathaway has agreed to acquire a stake in digital payment leader Paytm. [image: Bloomberg]

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Digital payment firms fight for Hong Kong market

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16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]

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