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Insights
27-Nov-18 French insurer AXA will pay USD662 mn for the remaining 50% stake in its Chinese joint venture, making it the second insurer in three days to announce plans for a wholly-owned company in mainland China, after Allianz. [image: Reuters / South China Morning Post]
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Insights
27-Nov-18 After moving on from the e-commerce giant he founded following its takeover by Walmart, Sachin Bansal is looking to invest in financial technology and agriculture technology. [image: AFP]
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Insights
20-Nov-18 SoftBank's Vision Fund will invest USD2 bn in Korea’s Coupang, giving Korea's largest online retailer funds to accelerate development of new shopping and delivery services. Coupang, founded in 2010, sells over 120 mn items from consumer electronics to food. [image: Kiyoshi Ota / Bloomberg]
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Insights
06-Nov-18 Hong Kong's South China Morning Post, acquired in 2016 by Alibaba, has decided to go into the red and invest over a period of time "to secure long-term sustainability and profitability". Advertising at Hong Kong newspapers declined 24 percent 2014-17. [image: SCMP]
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Insights
06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]
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