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Huawei to invest USD800 mn in Brazilian factory

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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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Amazon in talks to acquire stake in India’s Reliance Retail

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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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Chinese VC firm Shenzhen Capital launches USD291 mn healthcare fund

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25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]

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