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Insights
19-Aug-19 IKEA is launching an e-commerce online delivery system in India ahead of the opening of its first physical store in Mumbai. The company will be working in partnership with the IndoSpace Industrial Park in Chakan, Pune for distribution. [image: CNBC TV18]
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Insights
16-Aug-19 COSCO Shipping is expanding its logistics operations in Malaysia with the proposed acquisition of Gem Logistics, Dolphin Shipping and East West Freight Services. The company also plans to lease land at Port Klang to construct a 300,000 sqf warehouse. [image: Supply Chain Asia]
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14-Aug-19 Chinese tech giant Huawei will invest USD800 mn in a new factory in São Paulo, as it expands its roots in Brazil and expands efforts in Latin America to compensate for being excluded from the US market. [image: Asia Times]
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Insights
06-Aug-19 Amazon is reported to be in talks to acquire 26% of Reliance Retail. Reliance, which serves 5 million customers a week, was previously in talks with China’s Alibaba but the deal fell through because of differences in valuation. [image: Shutterstock / Retail In Asia]
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Insights
28-Jul-19 India’s automobile leader, Mahindra & Mahindra with local partner Ideal Group, will launch the first automobile manufacturing and assembly plant with in Welipenna next month, with an eye on the export market. The JV will commence with the KUV100 cars. [image: Mahindra / Sunday Observer]
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